Wednesday, November 4, 2009
West of Lincoln CONDO MARKET UPDATE – October 2009
SANTA MONICA – PICO BLVD TO NAVY STREET
# of New Listings - 4
# of Sold Listings - 6
Average Price Per Unit Sold - $ 639,000
Average Price Per SQFT SOLD - $616.00
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VENICE– NAVY STREET TO WASHINGTON BLVD
# of New Listings - 10
# of Sold Listings - 4
Average Price Per Unit Sold - $ 780,000
Average Price Per SQFT SOLD - $545.00
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MARINA DEL REY – WASHINGTON BLVD TO END OF VIA MARINA
# of New Listings - 23
# of Sold Listings - 13
Average Price Per Unit Sold - $ 65,000
Average Price Per SQFT SOLD - $470.00
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Brian’s October SOLD LISTINGS:
2002 4th Street #201, SANTA MONICA - www.2002Fourth.com
Beds 1 Baths 1 / 717 SQFT - List Price - $339,000 - Sale Price - $392,000^
*Brian represented the Seller
2940 Neilson Way #204, SANTA MONICA – www.SeaColonyUnit.com
Beds 1 Baths 1.5 Living Space: 1,081 - $605,000 - Sale Price - $593,000
*Brian represented the Seller & Buyer
2913 3rd Street #202, SANTA MONICA
Beds 2 Baths 2 / 1,369 SQFT - List Price - $849,000 - Sale Price - $835,000
*Brian represented the Buyer
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Brian’s New Escrows:
737 Pier Ave #2, SANTA MONICA - www.737Pier.com
Beds 2 Baths 2.5 / 1,300 SQFT - List Price - $619,000 (7 offers in first week)
615 Hampton Drive #B101, VENICE - www.615Hampton.com
Beds 1 Baths 1.5 / 1,500 SQFT - List Price - $799,000 (2 offers in first week)
2021 California Ave #10, SANTA MONICA – www.2021California.com
Beds 3 Baths 2 / 1,460 SQFT – List Price $699,000 (short sale - close to bank approval)
743 Pier Ave #1, SANTA MONICA - www.743Pier.com
Beds 2 Baths 2.5 / 1,620 SQFT - List Price $639,000 (in escrow after one day)
Call to learn why my clients are selling fast at 5-15% higher values than the rest.
SANTA MONICA OCTOBER CONDO MARKET UPDATE (WILSHIRE TO MONTANA)
SANTA MONICA CONDO MARKET UPDATE – October 2009
Wilshire Avenue to Montana Avenue
OCEAN AVENUE to LINCOLN BLVD
# of New Listings - 4
# of Sold Listings - 5
Average Price Per Unit Sold - $ 1000,000
Average Price Per SQFT SOLD - $ 697.00
LINCOLN BLVD to 14TH STREET
# of New Listings - 7
# of Sold Listings - 2
Average Price Per Unit Sold - $ 601,500
Average Price Per SQFT SOLD - $ 527.00
14TH STREET - 26TH STREET
# of New Listings - 3
# of Sold Listings - 7
Average Price Per Unit Sold - $ 581,000
Average Price Per SQFT SOLD - $527.00
Brian’s October SOLD LISTINGS:
2002 4th Street #201, SANTA MONICA - www.2002Fourth.com
Beds 1 Baths 1 / 717 SQFT - List Price - $339,000 - Sale Price - $392,000^
*Brian represented the Seller
2940 Neilson Way #204, SANTA MONICA – www.SeaColonyUnit.com
Beds 1 Baths 1.5 / 1,081 - List Price - $605,000 - Sale Price - $593,000
*Brian represented the Seller & Buyer
2913 3rd Street #202, SANTA MONICA
Beds 2 Baths 2 / 1,369 SQFT - List Price - $849,000 - Sale Price - $835,000
*Brian represented the Buyer
Brian’s New Escrows:
2021 California Ave #10, SANTA MONICA – www.2021California.com
Beds 3 Baths 2 / 1,460 SQFT – List Price $699,000 (short sale - close to bank approval)
743 Pier Ave #1, SANTA MONICA - www.743Pier.com
Beds 2 Baths 2.5 / 1,620 SQFT - List Price $639,000
*Special Note: I am a proud parent of a child that goes to Cassidy Preschool located at 2122 Wilshire Blvd., Santa Monica. Special thanks to the teachers, investors & administrators that made this wonderful school a reality for our families this year. Learn more @ www.cassidypreschool.com.