Monday, August 24, 2009

West of Lincoln - July 2009 - Condo Market Update (Santa Monica, Venice, Marina del Rey)

WEST OF LICOLN CONDO MARKET UPDATE – July 2009


SANTA MONICA – PICO BLVD TO NAVY STREET



# of New Listings - 3

# of Sold Listings - 9

Average Price Per Unit Sold - $988,800

Average Price Per SQFT SOLD - $653.00


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VENICE– NAVY STREET to WASHINGTON BLVD



# of New Listings - 7

# of Sold Listings - 5

Average Price Per Unit Sold - $700,000

Average Price Per SQFT SOLD - $484.00


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MARINA DEL REY – WASHINGTON BLVD TO END OF VIA MARINA



# of New Listings - 28

# of Sold Listings - 7

Average Price Per Unit Sold - $499,000

Average Price Per SQFT SOLD - $539.00




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Brian’s July SOLD LISTINGS:


2020 Sixth Street #4, SANTA MONICA – www.2020Sixth.com

Beds 2 Baths 3 + Loft / 1,669 SQFT – List Price $1,039,000 - Sale Price - $1,051,000 ^

*Brian represented the Seller




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Brian’s New Escrows:



343 Rennie Ave #5, VENICE – www.343Rennie.com

Beds 2 Baths 2 Living Space: 1,362 – List Price $799,000 (4 offers in first week)




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Brian’s Best Value Listings (priced under market to sell):




6756 Woodrow Wilson, Hollywood Hills – www.WoodrowModern.com

Beds 2 Baths 2.5 / 3,000 SQFT – List Price $999,000 (new construction)



2021 California Ave #10, SANTA MONICA – www.2021California.com

Beds 3 Baths 2 / 1,460 SQFT – List Price $749,000 (short sale)



2940 Neilson Way #204, SANTA MONICA – www.SeaColonyUnit.com

Beds 1 Baths 1.5 / 1,081 SQFT - $604,999 (Sea Colony II)





*Call for pocket listings in your area (coming soon)

Wilshire Avenue to Montana Avenue (Ocean -26th Street) - July-August 2009 - Condo Market Update

SANTA MONICA CONDO MARKET UPDATE – JULY 2009

Wilshire Avenue to Montana Avenue


OCEAN AVENUE to LINCOLN BLVD

# of New Listings - 2
# of Sold Listings - 3
Average Price Per Unit Sold - $740,000
Average Price Per SQFT SOLD - $ 749.00

LINCOLN BLVD to 14TH STREET

# of New Listings - 7
# of Sold Listings - 5
Average Price Per Unit Sold - $620,000
Average Price Per SQFT SOLD - $551.00

14TH STREET - 26TH STREET

# of New Listings - 5
# of Sold Listings - 8
Average Price Per Unit Sold - $ 852,000
Average Price Per SQFT SOLD - $ 558.00


Brian’s Recent SOLD LISTINGS:

2428 Third Street, SANTA MONICA – www.2428Third.com
Beds 4 Baths 3 / 2,605 SQFT - List Price $1,789,000 – Sale Price - $1,740,000
*Brian represented the Seller

2020 Sixth Street #4, SANTA MONICA – www.2020Sixth.com
Beds 2 Baths 3 + Loft / 1,669 SQFT – List Price $1,039,000 – Sale Price $1,051,000 ^
*Brian represented the Seller

601 Ocean Park Blvd, SANTA MONICA
Beds 3 Baths 3 /1775 SQFT - List Price: $1,075,000 – Sale Price - $1,050,000
*Brian represented the Buyer

3002 Third Street #206, SANTA MONICA – www.3002Third.com
Beds 2 Baths 2.5 / 1,470 SQFT - List Price $899,000 - Sale Price - $860,000
*Brian represented the Seller

424 Venice Blvd #1, VENICE
Beds 2 Baths 2.5 / 1,956 - List Price $899,000 – Sale Price - $850,000
*Brian represented the Buyer

255 Main Street #206, Venice – www.CondosOnMain.com
Beds 2 Baths 2 / 1,188 SQFT - List Price: $675,000 – Sale Price - $650,000
*Brian represented the Seller

245 Main Street #111, Venice – www.CondosOnMain.com
Beds 2 Baths 2 - 1,188 SQFT / List Price: $665,000 – Sale Price - $640,000
*Brian represented the Seller

Brian’s New Escrow:

343 Rennie Ave #5, VENICE – www.343Rennie.com
Beds 2 Baths 2 / 1,362 SQFT – List Price $799,000 (4 offers in the first week)

Brian’s Best Value Listings (priced at 2003 levels):

2021 California Ave #10, SANTA MONICA – www.2021California.com
Beds 3 Baths 2 / 1,460 SQFT – List Price $699,000 (short sale)

2940 Neilson Way #204, SANTA MONICA – www.SeaColonyUnit.com
Beds 1 Baths 1.5 / 1,081 SQFT - $604,999 (Sea Colony II)


*Call for pocket listings in your area (coming soon)