Dear loyal Santa Monica condo hunters and sellers,
Something is really buzzing in the Santa Monica condo market, West of Lincoln. In the first two weeks of April, I sold three new condo listings with less than 5 days on the market each. All for close to 10% over asking price. No, they did not sell at overvalued prices, just at the real market value. The market will always set your highest price.
Sticking to the facts, makes this process easy. Keep on looking at what has recently sold AND buyers, do not be afraid to step up to the plate if you see something priced right (based on the real comparables).
Brian Maser's new listings in Santa Monica, CA (West of Lincoln)
1. 2431 3rd Street #10, Santa Monica CA (www.2431Third.com) - $479,000
2. 3019 3rd Street #404, Santa Monica CA (www.3019condo.com) - $849,000
P.S. I have a new townhome coming on the market during the first week of May. It is fantastic. Call me at 310-795-8010 if you are interested. It is West of Lincoln, just South of Bay Street.
Saturday, April 18, 2009
Saturday, April 4, 2009
Santa Monica condo sales remain strong in 2009
Real Estate is really very simple. If the price is to high, then you get no bidders or bottom feeders throwing you low ball offers. If the price is right, then the real buyers show up with their checkbooks in hand.
For condos in Santa Monica, Venice and Marina del Rey, those principles continue to hold strong. I am having trouble holding on to any of my listings because they are selling so fast. Why is that my clients' properties are moving in a terrible market? It is because they do all the right things I ask of them. Clear out the clutter, touch up paint, put the furniture in the most appealing places. THEN PRICE IT BASED ON REAL MARKET COMPS, not false emotions.
Not brain surgery. I just listed 3019 3rd Street #404, Santa Monica CA. Great Penthouse unit on 3rd Street, between Ashland and Marine. My phones will not stop ringing.
Details: Priced at a strong $849,000 - http://www.abbotkinneyrealestate.com/vtours/3019THIRD.htm
RARE CORNER PENTHOUSE IN THE AWARD WINNING SEA VIEW COLLECTION ON 3RD STREET. FABULOUS WEST FACING SANTA MONICA BAY, OCEAN, MOUNTAIN & CITY LIGHT VIEWS (FROM MALIBU TO PALOS VERDES). VAULTED CEILINGS, BLEACHED HRDW FLRS & SKYLIGHTS. 2 BLOCKS TO HIP MAIN STREET SHOPS, CAFES, RESTAURANTS, YOGA, SURF BREAKS, BIKE PATHS, FARMERS MARKET & MORE. INSIDE LAUNDRY, 2 CAR SUBTERRANEAN PARKING, CONTROLLED SECURITY ACCESS. GREAT LIGHT, YEAR ROUND SUNSETS, OCEAN BREEZE & LOCATION. COME SEE FOR YOURSELF!
I bet this one sells in less than two weeks to a great lucky buyer!
Brian Maser
Abbot Kinney Real Estate
310-795-8010
For condos in Santa Monica, Venice and Marina del Rey, those principles continue to hold strong. I am having trouble holding on to any of my listings because they are selling so fast. Why is that my clients' properties are moving in a terrible market? It is because they do all the right things I ask of them. Clear out the clutter, touch up paint, put the furniture in the most appealing places. THEN PRICE IT BASED ON REAL MARKET COMPS, not false emotions.
Not brain surgery. I just listed 3019 3rd Street #404, Santa Monica CA. Great Penthouse unit on 3rd Street, between Ashland and Marine. My phones will not stop ringing.
Details: Priced at a strong $849,000 - http://www.abbotkinneyrealestate.com/vtours/3019THIRD.htm
RARE CORNER PENTHOUSE IN THE AWARD WINNING SEA VIEW COLLECTION ON 3RD STREET. FABULOUS WEST FACING SANTA MONICA BAY, OCEAN, MOUNTAIN & CITY LIGHT VIEWS (FROM MALIBU TO PALOS VERDES). VAULTED CEILINGS, BLEACHED HRDW FLRS & SKYLIGHTS. 2 BLOCKS TO HIP MAIN STREET SHOPS, CAFES, RESTAURANTS, YOGA, SURF BREAKS, BIKE PATHS, FARMERS MARKET & MORE. INSIDE LAUNDRY, 2 CAR SUBTERRANEAN PARKING, CONTROLLED SECURITY ACCESS. GREAT LIGHT, YEAR ROUND SUNSETS, OCEAN BREEZE & LOCATION. COME SEE FOR YOURSELF!
I bet this one sells in less than two weeks to a great lucky buyer!
Brian Maser
Abbot Kinney Real Estate
310-795-8010
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