Playa Vista Condominium Market Report for May 2010

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708

Playa Vista Condominium Market Report for May 2010. As I promised I would be timelier this month with the report. Here you go.

The numbers are quite interesting. There were 33 Active listings on the market for the period of May 1, 2010 to May 31, 2010. Pending and Accepting Backup Offers totaled 15. The actual sales were 18.

This is just fantastic, for a small area to have such good volume is quite amazing.

Now I was curious how the days on market fared compared to a year ago. Not surprising you will see that the decrease is staggering.

 

As you can see there was a 74% drop. This clearly confirms why the sales numbers have increased. Fewer days on the market equal to more sales.

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.  

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
California Los Angeles County Los Angeles Playa Vista
Groups:
Everything California
International Real Estate
Carnival Of Real Estate
Local Expert
Condo Benefits
Tags:
investment property
condominium
luxury condominiums
endre barath
playa vista ca market report

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,154,790
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

Very encouraging numbers Endre. I'm seeing more and more numbers like this on all the market reports I've been reading here in the Rain.

Jun 06, 2010 11:50 AM #1
Rainmaker
3,205,322
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Craig, it is good to hear that it is across the board in AR country:)

Jun 07, 2010 05:48 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
3,205,322

Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
Ask me a question
*
*
*
*
Spam prevention