Q2 Westside Market Report

Gibson International Q2 Market Report

w w w . g i b s o n i n t l . c o m

2

Westside Condo Market Overview

Page 26 - Beverly Hills

Page 27 - Brentwood

Page 28 - Malibu

Page 29 - Malibu Beach

Page 30 - Marina del Rey

Page 31 - Pacific Palisades

Page 32 - Palms - Mar Vista

Page 33 - Playa del Rey

Page 34 - Playa Vista

Page 35 - Santa Monica

Page 36 - Westwood - Century City

Page 37 - Venice

Page 38 - West Los Angeles

Index

1 3

4Where can you buy a home under $2M?

Page 20 - Bel Air/Holmby Hills-Cheviot

Hills/Rancho Park

Page 21 - Culver City - Marina del Rey

Page 22 - Pacific Palisades - Santa Monica

Page 23 - Venice - Westchester

Page 24 - Westwood/Century City

Area Market Metrics Summary

About Our Company

Pages 39-40

Westside Single Family Market Overview

Page 4 - Beverly Hills

Page 5 - Beverly Hills Post Office

Page 6 - Beverlywood Vicinity

Page 7 - Bel Air - Holmby Hills

Page 8 - Brentwood

Page 9 - Cheviot Hills - Rancho Park

Page 10 - Malibu

Page 11 - Malibu Beach

Page 12 - Marina del Rey

Page 13 - Pacific Palisades

Page 14 - Palms - Mar Vista

Page 15 - Santa Monica

Page 16 - Venice

Page 17 - West LA

Page 18 - Westwood - Century City

Page 19 - Westchester

Westside Single Family Market Overview

Sale-to-List Ratio Months Supply of Inventory

New Listings

Information has been accumulated from theMLS.com, title companies and internal sources, off market listings and pocket listings may be included. No representations are made as to the accuracy of this information.

Days on Market Properties Sold Median Sold Price Average $ / sq ft

AVERAGE PRICE PER SQUARE FOOT

Q2 - 2015 MARKET UPDATEYEAR-TO-YEAR COMPARISON 2014/2015

B E V E R L Y H I L L S

60

95.29%

â2%

$5,250,000

3.79

$1,271

55

á12%

70

â7%á18% á35% á12%

0

$300

$600

$900

$1,200

$1,500

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





B E V E R L Y H I L L S P O S T O F F I C E

43

95.73%

á2.56%

$2,795,000

6.20

$835

75

á63%

98

â3%â2% á30% á12%

0

$200

$400

$600

$800

$1,000

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





B E V E R L Y W O O D V I C I N I T Y

56

100.48%

á1%

$979,500

1.08

$637

55

no change

42

â29%á2% á8% á9%

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





B E L A I R - H O L M B Y H I L L S

43

89.34%

â2%

$2,360,000

5.18

$870

72

á 60%

68

â52%á43% â17% â2%

0

$200

$400

$600

$800

$1,000

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





B R E N T W O O D

72

102.29%

á9%

$2,796,725

3.46

$940

89

á33%

53

â27%á4% á1% á2%

0

$200

$400

$600

$800

$1,000

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





C H E V I O T H I L L S - R A N C H O P A R K

25

99.30%

â3%

$1,703,000

0.85

$753

18

â28%

45

á63%â7% á3% á4%

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





M A L I B U

51

95.00%

no change

$2,325,000

9.42

$864

95

á76%

153

á9%á6% á6% á9%

0

$200

$400

$600

$800

$1,000

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





M A L I B U B E A C H

13

91.77%

â12%

$5,000,000

16.09

$1,997

27

á145%

154

â14%á44% á6% á26%

0

$500

$1,000

$1,500

$2,000

$2,500

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





M A R I N A D E L R E Y

10

101.91%

á 4%

$1,312,500

2.40

$797

15

á36%

48

á9%â57% â24% á23%

0

$240

$480

$720

$960

$1,200

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





P A C I F I C P A L I S A D E S

99

100.08%

á1%

$2,569,000

2.83

$1,035

105

á21%

53

â7%á10% á1% á11%

0

$240

$480

$720

$960

$1,200

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





P A L M S - M A R V I S T A

106

101.73%

no change

$1,145,000

0.80

$760

83

â20%

39

â7%á19% á17% á9%

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





S A N T A M O N I C A

74

102.58%

á2%

$2,237,500

1.56

$1,189

78

â7%

38

â20%á14% á22% á19%

0

$240

$480

$720

$960

$1,200

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





V E N I C E

59

99.60%

á1%

$1,900,000

2.25

$1,054

62

â10%

52

â10%â8% á19% á4%

0

$240

$480

$720

$960

$1,200

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





W E S T L A

31

99.95%

â2%

$950,000

0.74

$681

23

â30%

51

á17%â11% á8% á10%

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





W E S T W O O D - C E N T U R Y C I T Y

40

101.3%

â1%

$1,685,000

1.75

$785

49

â26%

33

â17%â11% á5% á5%

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





W E S T C H E S T E R

88

102.33%

á2%

$937,500

0.64

$593

64

â37%

32

â20%á6% á17% á14%

0

$120

$240

$360

$480

$600

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

Market Highlight: Where Can You Buy a Single Family Home Under $2M?

BEL AIR - HOLMBY HILLS

Selling Price Quantity Avg DOM

$550,000 - $599,999 1 100

$700,000 - $749,999 1 26

$900,000 - $949,999 1 12

$1,000,000 - $1,249,999 2 31

$1,250,000 - $1,499,999 7 72

$1,500,000 - $1,749,999 3 44

$1,750,000 - $1,999,999 3 50

Sold Summary Price Information Qty: 18 Avg DOM: 55

BEVERLY HILLS


$1,500,000 - $1,749,999 5 34

$1,750,000 - $1,999,999 2 89

$2,000,000 - $2,249,999 1 70


BEVERLY HILLS POST OFFICE


$600,000 - $649,999 1 77

$850,000 - $899,999 1 11

$1,250,000 - $1,499,999 3 158

$1,500,000 - $1,749,999 3 127

$1,750,000 - $1,999,999 6 91


BRENTWOOD


$1,250,000 - $1,499,999 2 51

$1,500,000 - $1,749,999 7 34

$1,750,000 - $1,999,999 9 72


CHEVIOT HILLS - RANCHO PARK


$850,000 - $899,999 1 108

$900,000 - $949,999 1 15

$1,000,000 - $1,249,999 3 17

$1,250,000 - $1,499,999 3 103

$1,500,000 - $1,749,999 5 25

$1,750,000 - $1,999,999 2 65


CULVER CITY


$400,000 - $449,999 1 78

$550,000 - $599,999 1 20

$650,000 - $699,999 3 22

$700,000 - $749,999 1 17

$750,000 - $799,999 2 7

$800,000 - $849,999 5 35

$850,000 - $899,999 5 33

$900,000 - $949,999 3 42

$950,000 - $999,999 7 31

$1,000,000 - $1,249,999 19 34

$1,250,000 - $1,499,999 9 45


MALIBU


$700,000 - $749,999 1 171

$750,000 - $799,999 2 146

$900,000 - $949,999 1 23

$1,000,000 - $1,249,999 4 88

$1,250,000 - $1,499,999 2 75

$1,500,000 - $1,749,999 5 210

$1,750,000 - $1,999,999 3 110

$2,000,000 - $2,249,999 2 265


MALIBU BEACH


$1,750,000 - $1,999,999 1 23

$2,000,000 - $2,249,999 1 90


MARINA DEL REY


$750,000 - $799,999 2 6

$1,000,000 - $1,249,999 2 52

$1,250,000 - $1,499,999 2 37

$1,500,000 - $1,749,999 1 39

$1,750,000 - $1,999,999 1 119



PACIFIC PALISADES


$1,000,000 - $1,249,999 2 108

$1,250,000 - $1,499,999 3 70

$1,500,000 - $1,749,999 12 64

$1,750,000 - $1,999,999 16 40


PALMS - MAR VISTA


$700,000 - $749,999 3 39

$750,000 - $799,999 1 4

$800,000 - $849,999 4 17

$850,000 - $899,999 4 29

$900,000 - $949,999 10 22

$950,000 - $999,999 12 23

$1,000,000 - $1,249,999 31 47

$1,250,000 - $1,499,999 18 36

$1,500,000 - $1,749,999 9 65

$1,750,000 - $1,999,999 4 54


PLAYA DEL REY


$1,500,000 - $1,749,999 2 45

$1,750,000 - $1,999,999 1 180


PLAYA VISTA


$1,250,000 - $1,499,999 1 9

$1,750,000 - $1,999,999 1 160


SANTA MONICA


$900,000 - $949,999 1 1

$1,000,000 - $1,249,999 4 82

$1,250,000 - $1,499,999 12 34

$1,500,000 - $1,749,999 10 38

$1,750,000 - $1,999,999 5 38

$2,000,000 - $2,249,999 1 43



VENICE


$1,000,000 - $1,249,999 7 38

$1,250,000 - $1,499,999 10 32

$1,500,000 - $1,749,999 7 51

$1,750,000 - $1,999,999 5 41


WEST L.A.


$650,000 - $699,999 3 10

$750,000 - $799,999 1 10

$800,000 - $849,999 2 51

$850,000 - $899,999 3 26

$900,000 - $949,999 6 44

$950,000 - $999,999 5 56

$1,000,000 - $1,249,999 5 66

$1,250,000 - $1,499,999 4 73

$1,500,000 - $1,749,999 2 89


WESTCHESTER


$600,000 - $649,999 1 28

$650,000 - $699,999 3 29

$700,000 - $749,999 2 22

$750,000 - $799,999 9 45

$800,000 - $849,999 9 13

$850,000 - $899,999 9 34

$900,000 - $949,999 11 24

$950,000 - $999,999 5 20

$1,000,000 - $1,249,999 22 26

$1,250,000 - $1,499,999 6 35

$1,500,000 - $1,749,999 4 39

$1,750,000 - $1,999,999 3 76



WESTWOOD - CENTURY CITY


$1,000,000 - $1,249,999 1 49

$1,250,000 - $1,499,999 10 24

$1,500,000 - $1,749,999 12 26

$1,750,000 - $1,999,999 4 50


Area Market Metrics Summary


$400,000 - $449,999 1 78

$550,000 - $599,999 2 60

$600,000 - $649,999 2 53

$650,000 - $699,999 9 20

$700,000 - $749,999 8 47

$750,000 - $799,999 17 43

$800,000 - $849,999 20 23

$850,000 - $899,999 23 34

$900,000 - $949,999 34 27

$950,000 - $999,999 29 30

$1,000,000 - $1,249,999 102 43

$1,250,000 - $1,499,999 92 47

$1,500,000 - $1,749,999 87 57

$1,750,000 - $1,999,999 66 63

$2,000,000 - $2,249,999 5 146



Westside Condo Market Overview


New Listings





B E V E R L Y H I L L S

37

97.61%

â1%

$1,065,000

2.93

$640

43

á16%

75

â12%no change á9% á4%

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





B R E N T W O O D

0

$120

$240

$360

$480

$600

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

71

100.28%

á1%

$795,000

1.97

$559

70

á11%

60

á28%á18% á21% á9%


New Listings





M A L I B U

20

95.46%

á1%

$749,500

5.63

$572

22

á175%

94

â29%á150% â25% â8%

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





M A L I B U B E A C H

0

$400

$800

1$,200

$1,600

$2,000

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

9

95.78%

á2%

$795,000

4.50

$976

4

â50%

122

â3%á125% â44% â37%


New Listings





M A R I N A D E L R E Y

0

$160

$320

$480

$640

$800

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

85

98.86%

á1%

$830,000

1.98

$624

60

â38%

80

á6%â9% á7% á13%


New Listings





P A C I F I C P A L I S A D E S

0

$120

$240

$360

$480

$600

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

12

100.20%

no change

$1,070,000

2.48

$582

16

â16%

45

á22%â43% á30% á14%


New Listings





P A L M S - M A R V I S T A

0

$100

$200

$300

$400

$500

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

36

100.99%

á2%

$471,250

0.46

$456

22

â31%

65

á22%á20% â7% á8%


New Listings





P L A Y A D E L R E Y

45

101.12%

á2%

$450,000

0.88

$514

32

â27%

45

â17%á22% â7% á19%

0

$120

$240

$360

$480

$600

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





P L A Y A V I S T A

37

100.45%

no change

$765,000

0.17

$539

19

â60%

41

á4%á23% á5% á14%

0

$120

$240

$360

$480

$600

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006


New Listings





S A N T A M O N I C A

0

$200

$400

$600

$800

$1,000

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

146

101.13%

no change

$1,067,500

1.53

$854

110

â19%

55

á15%á6% á17% á6%


New Listings





W E S T W O O D - C E N T U R Y C I T Y

0

$120

$240

$360

$480

$600

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

178

95.98%

â1%

$767,500

3.24

$586

184

á26%

70

â9%á25% á3% no change


New Listings





V E N I C E

0

$200

$400

$600

$800

$1,000

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

10

101.38%

no change

$1,312,500

3.60

$777

13

â41%

137

á137%â29% á13% â6%


New Listings





W E S T L A

0

$120

$240

$360

$480

$600

Q2 2015Q2 2014Q2 2013Q2 2012Q2 2011Q2 2010Q2 2009Q2 2008Q2 2007Q2 2006

63

101.53%

á1%

$695,000

0.56

$503

43

â19%

43

â13%á29% á7% á6%

Established in 2008 by leading real estate veteran Scott L. Gibson, our Brentwood-

based fi rm was founded on the principles of ingenuity, discipline, integrity, and

uncompromising service. Gibson International strives for excellence by providing the

highest standards of service with an emphasis on personal touch, which is so vital to

the client-centric relationship. Our model, which focuses on quality and innovation,

has proven to be immensely successful for Gibson International. Gibson International

is proud to have grown from $142 million in sales during its fi rst year of operation to

forecasted sales of $1 billion in its seventh year.

Area ExpertsIn-depth knowledge of Los

Angeles’ niche neighborhoods

Strong ReputationOur company’s professional

reputution gets the deal done

Luxury Marketing

Brentwood Marina del Rey

Joined LeadingRE Nationally Ranked

Distinctive marketing that properly

represents our high quality homes

We open our fi rst offi ce in

Brentwood. We grow to 50

agents in the fi rst year

We open our second offi ce

in Marina del Rey. We grow

to become the #1 Marina

broker in 1 year

Invited to join an elite

worldwide relocation

network

Gibson International

is ranked 220

nationwide

Tech SavvyOur agents are trained to use the best

technology on the market

About Our Company

Timeline

Overview

Gibson International specializes in marketing extraordinary homes and matching

sophisticated buyers with properties in Los Angeles’ most exclusive neighborhoods.

Start

Santa Monica

Opening

Winter 2015

2011 2015201420132008

Gibson International agents are professional, top producing agents. Gibson

International continuously outperforms the competion in key sales metrics.

2015 Q1 & Q2

Sales Volume

Our Team By the Numbers

$400M+

REALTORS®

128

2015 Q1 & Q2

Transactions

296

Sale-to-List Price Ratio

100.9%

Average Volume Per

Agent (2015 Q1 & Q2)

$3.3M+

Average Days on Market

53

Brentwood

11538 San Vicente Blvd

Los Angeles, CA 90049

310.820.0195

Marina del Rey

330 Washington Blvd, #D

Marina del Rey, CA 90292

310.301.1003

Pacifc Palisades

15207 Sunset Blvd, #A

Pacific Palisades, CA 90272

310.454.4159

Santa Monica - Coming Soon!

1010 Montana Avenue

Santa Monica, CA 90403

Q2 Westside Market Report

Documents