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Partners Trust’s Third Quarter 2017 Los Angeles Real Estate Market Report

It is our pleasure to introduce Partners Trust’s 2017 third quarter real estate market report. This quarter brought milestones for L.A. County’s real estate market and landmark events for Partners Trust.

Market Analysis

Many of L.A.’s most coveted neighborhoods experienced a jump in average sold price year-over-year, from West Hollywood to Pasadena, and most homes spent significantly fewer days on the market. In fact, Los Angeles County experienced the greatest demand in residential properties since the height of the housing market in 2007.

Creating the Ultimate California Brokerage Company

This August also set the course for a new era of Los Angeles Real Estate when Partners Trust merged with Pacific Union International. This merger followed Pacific Union’s merger with L.A.’s John Aaroe Group in December 2016; together, the three brokerages are creating the Ultimate California Brokerage Company, the largest independent real estate brokerage in California and the dominant force in the Los Angeles real estate market — all while maintaining the nimbleness of a neighborhood-focused, independent brokerage.

The new company, which plans to unite under the Pacific Union name this January 2018, is comprised of 47 offices and more than 1,450 real estate professionals in Northern and Southern California. The Southern California offices will continue to operate under their current leadership and will incorporate Pacific Union’s innovative marketing and business intelligence assets into their real estate practice.

With a host of new resources and an immense expansion of network, both statewide and globally, Partners Trust is looking forward to serving its clients better than ever before.

To access our previous real estate market reports or return to this report at a later date, please visit our Market Stats page.

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Introducing Partners Trust’s 2016 Annual Report with 2017 Forecast & 4th Quarter Insights

Partners Trust’s 2016 Annual Report is an in-depth and engaging publication providing valuable insight into the Los Angeles real estate market, current market trends for residential, new development and commercial properties and forecasts for 2017. The report also includes a briefing of Partners Trust’s global business and what proved to be our most prosperous year yet — from leading sales in Santa Monica, Malibu and La Cañada Flintridge to the opening of Openhouse, our retail concept and community outpost, to our ever-growing philanthropic commitment.

Additionally, we are pleased to release our Fourth Quarter Real Estate Market Report, intended to apprise you of sales figures as well as analysis of the state of the Los Angeles real estate market in the fourth quarter of 2016.

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Partners Trust Annual Market Report

Each year has its own special qualities and 2014 was no different. It was a year of growth and change, both for Partners Trust and for the greater Los Angeles brokerage community.

Please visit the link below to review our annual report.​It speaks to the sales and market trends throughout the area as well as to the moves Partners Trust made as a company made in our ongoing efforts to continue to provide our clients with a discreet and peerless level of real estate service.

The data helps tell the story of your individual area and what is happening there, however the best way to know how this impacts your biggest investment, your home, is to schedule an appointment for a home valuation update.

Click here to download the report.

MarketReport