West of Lincoln CONDO MARKET UPDATE – October 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.