Playa Vista Condominium Market Report(2009 Year End Summary)

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708

As I am tabulating the year end Playa Vista Condominium Market Report (2009 Year End Summary) I have noticed, how I there are pocket in Los Angeles that maintained their value and other pockets that have lost value. I have been saying all along that Real Estate is very much like the Wine Production. Winery that has a good Micro Climate will command a high price, look at Plump Jack  vs some of the others.

With that said The Median Sold Price by Month as decreased by 18% over December 2008 vs December 2009.

 

 As you can see there are some great buying opportunities here. The Median For Sale vs Median Sold has decreased 4% and 18% respectively.

 

As I mentioned above the majority of the buyers understand the value is here in Playa Vista. Look athe The Number of Sold Properties by month. The Numbers have increased astronomically, there was a 167% increase December 2008 vs December 2009.

 

As you can see since June there has been a large volume of buyers who saw the value in Playa Vista. So please contact me to take advantage of buying into a fantastic community. Later I will provide the second part to my annual summary report.

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 homes@endrebarath.com  or visit one of my websites at http://www.endrebarath.com  Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.  

 

 

 

 

 

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 homes@endrebarath.com  or visit one of my websites at http://www.endrebarath.com  Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.  

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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.

Another Condo Benefits featured post!

Jan 08, 2010 08:58 PM #1
Rainmaker
3,207,423
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Will, I have to finish Part #2 on Playa Vista and we can start then focusing on January's statistics.

Jan 09, 2010 07:57 AM #2
Ambassador
1,976,451
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Hi Endre, nice presentation of the 2009 Playa Vista condominium sales.  All the best to you in 2010!

Jan 20, 2010 01:27 PM #3
Rainmaker
3,207,423
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Silvia, to you as well, thank you for stopping by.

Jan 20, 2010 06:46 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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