Thursday, September 24, 2009

WEST OF LINCOLN / CONDO MARKET UPDATE - SEPTEMBER 2009

SANTA MONICA – PICO BLVD TO NAVY STREET

# of New Listings - 9

# of Sold Listings - 3

Average Price Per Unit Sold - $ 740,000

Average Price Per SQFT SOLD - $622.00

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VENICE– NAVY STREET TO WASHINGTON BLVD


# of New Listings - 8

# of Sold Listings - 6

Average Price Per Unit Sold - $857,000

Average Price Per SQFT SOLD - $534 .00


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MARINA DEL REY – WASHINGTON BLVD TO END OF VIA MARINA


# of New Listings - 31

# of Sold Listings - 13

Average Price Per Unit Sold - $ 599,000

Average Price Per SQFT SOLD - $406.00

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Brian’s September SOLD LISTINGS:


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

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


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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 MONICA – www.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)

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


2940 Neilson Way #204, SANTA MONICA – www.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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