Monday, August 24, 2009

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)

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