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RSAC-AdLOS ANGELES, CA
PARTNERS TRUST ISSUES QUARTERLY REPORT

Partners Trust has put together a 2013 Q3 Los Angeles West Side & Metropolitan Residential Quarter in Review Report. The market is strong in just about all areas of Los Angeles with the outlook looking positive for interest rates remaining low well into 2014. Q3 indicates a continued active market. See below for stats pulled out for different areas of LA.

HIGHLAND PARK: The average sold price increased from $413,554 in 2012 to $459,355 in 2013 (+11.07%). The average days on market fell from 55 in 2012 to 39 in 2013 for Q3.

MOUNT WASHINGTON: The average sold price increased from $486,875 in 2012 to $613,955 in 2013 (+26.10%). The average days on market fell from 44 in 2012 to 41 in 2013 for Q3.

SILVER LAKE – ECHO PARK: The average sold price decreased from $595,817 in 2012 to $541,755 in 2013 (-9.07%). The average days on market spiked from 58 in 2012 to 72 in 2013 for Q3.
LOS FELIZ: The average sold price decreased from $1,308,232 in 2012 to $1,265,699 in 2013 (-3.25%). The average days on market spiked from 59 in 2012 to 63 in 2013 for Q3.

HOLLYWOOD HILLS EAST: The average sold price increased from $998,792 in 2012 to $1,192,379 in 2013 (+19.38%). The average days on market fell from 65 in 2012 to 56 in 2013 for Q3.
BEVERLY HILLS: The average sold price increased from $4,158,662 in 2012 to $5,039,717 in 2013 (+21.19%). The average days on market spiked from 81 in 2012 to 87 in 2013 for Q3.

SANTA MONICA: The average sold price increased from $2,432,630 in 2012 to $2,638,171 in 2013 (+8.45%). The average days on market fell from 58 in 2012 to 47 in 2013 for Q3.

VENICE:. The average sold price increased from $1,319,862 in 2012 to $1,557,757 in 2013 (+18.02%). The average days on market fell from 75 in 2012 to 46 in 2013 for Q3.