Thursday, September 24, 2009

SANTA MONICA CONDO MARKET UPDATE (WILSHIRE TO MONTANA)

OCEAN AVENUE to LINCOLN BLVD

# of New Listings - 9

# of Sold Listings - 3

Average Price Per Unit Sold - $630,500

Average Price Per SQFT SOLD - $596.00


LINCOLN BLVD to 14TH STREET

# of New Listings - 4

# of Sold Listings - 2

Average Price Per Unit Sold - $ 534,000

Average Price Per SQFT SOLD - $429.00


14TH STREET - 26TH STREET

# of New Listings - 7

# of Sold Listings - 3

Average Price Per Unit Sold - $615,000

Average Price Per SQFT SOLD - $543.00


Brian’s September SOLD LISTINGS:

343 Rennie Ave #5, VENICEwww.343Rennie.com

Beds 2 Baths 2 / 1,362 SQFT – List Price $799,000 - Sale Price - $835,000^


Brian’s New Escrows:

2913 3rd Street #202, SANTA MONICA

Beds 2 Baths 2 / 1,369 SQFT - List Price - $849,000

2021 California Ave #10, SANTA MONICAwww.2021California.com

Beds 3 Baths 2 / 1,460 SQFT – List Price $699,000 (short sale - 2 offers)

2002 4th Street #201, SANTA MONICA - www.2002Fourth.com

Beds 1 Baths 1 / 717 SQFT - List Price - $339,000 (7 offers in first week)


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

2940 Neilson Way #204, SANTA MONICAwww.SeaColonyUnit.com

Beds 1 Baths 1.5 Living Space: 1,081 - $605,000 (pending offers)

*New listings coming on the market soon. Call for details.

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