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Century City, CA Market Report for April, 2009
Century City, CA Market Report for April, 2009
  Here we are and the numbers are in for the month of April. Century City, CA has boasted of an improvement month after month in the sales activity, since the beginning of the year. So I am optimistic, but at the same time realistic about the current state of the real estate market, hence I am just as anxious as you to see how it turned out. I have been involved in multiple offer situations last month, so I have a good feeling where the numbers will be.
 With this introduction, let's see the numbers.
 Currently there are 306 Active Listings which is an increase form March by about 8 listings.  There are also 30 properties in Escrow, where the buyers have not removed their contingencies; this is also an increase by 5 over March. I was so amazed in March over the actual in Pending and we have surpassed that  in April as well in March there were 38 Pending and in April we had 50 Pending. This is truly a sign of improvement in the Market.
 In spite of the tightening of Appraisals and Lending practices virtually the Sales numbers are ... more

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