Market Report for the month of August 2009 Playa Vista, CA.

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708

The Market Report for August 2009 for Playa Vista, CA. is quite different from the previous month. There is a larger inventory to choose from. There are currently 40 Active listings about a 7.5% increase in the inventory from previous month.

 The Pending inventory consists of 15 buyers who have not removed their contingencies and 11 who have for a total of 26 which is an 8.5% decrease from the previous month.

 There has been a 7% drop in the Sold as well month over month. This is the first time in eight months we have seen a decline. 

 Playa Vista community is different from the neighboring communities, since it is a Planned Urban Development and it is a very new project. Hence you either love it or you don not. Interestingly this community is the next door to Marina Del Rey, where for the eight month in a row the numbers have increased.

 I just want to remind everyone, that the first time buyer's Tax credit is nearing its end. Therefore do not miss out on it.

If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at EndreBarath@TheMLS.Com  or visit one of my websites at http://www.endrebarath.com  

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Rainmaker
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Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Great info. Congratulations on the featured post.

Sep 04, 2009 12:15 AM #1
Ambassador
1,155,468
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

Great job keeping the folks informed about the Real Estate market in your neck of the woods.

Have a great weekend my friend!

Sep 04, 2009 12:48 AM #2
Rainmaker
925,849
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

See, no hard feelings...now get over here and make a comment on my telling you what a great job you do on market reports!

Mar 23, 2012 04:15 AM #3
Rainmaker
3,219,172
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Ron, wow I did not even realise I had two other responses to this report:)))

Mar 23, 2012 04:51 PM #4
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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