| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Montecito Heights | $232,500 | -27.7% | $237,806 | $321,707 | $383,000 | Los Angeles | $300,000 | -13.0% | $289,000 | $345,000 | $409,000 |
The median sales price for homes in Montecito Heights for Sep 09 to Nov 09 was $232,500. This represents a decline of 2.2%, or $5,306, compared to the prior quarter and a decrease of 27.7% compared to the prior year. Sales prices have depreciated 39.3% over the last 5 years in Montecito Heights, Los Angeles.
The median sales price of $232,500 for Montecito Heights is 22.50% lower than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Montecito Heights was $401,660 for the week ending Dec 16, which represents an increase of 0.7%, or $2,986 compared to the prior week and a decline of 3.3%, or $13,618, compared to the week ending Nov 25. Average price per square foot for homes in Montecito Heights was $189 in the most recent quarter, which is 28.41% lower than the average price per square foot for homes in Los Angeles.
| Neighborhood | Week ending Dec 16 | w-o-w | Week ending Dec 9 | Week ending Dec 2 | Week ending Nov 25 |
|---|---|---|---|---|---|
| Montecito Heights | $401,660 | +0.7% | $398,674 | $404,965 | $415,278 | Los Angeles | $1,198,596 | +0.2% | $1,196,233 | $1,212,035 | $1,215,498 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Montecito Heights | $189 | -26.7% | $188 | $258 | $303 | Los Angeles | $264 | -13.2% | $251 | $304 | $374 |
| Neighborhoods | Week ending Dec 16 |
w-o-w | Week ending Dec 9 |
Week ending Dec 2 |
|---|---|---|---|---|
| Hollywood Hills | 1 | — | 1 | 1 |
| Bel Air | 2 | — | 2 | 2 |
| Brentwood | 3 | — | 3 | 3 |
| Mid City | 4 | +2 | 6 | 5 |
| Silver Lake | 5 | -1 | 4 | 4 |
| Westwood | 6 | +1 | 7 | 8 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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