Playa Vista, CA 90094 is part of Los Angeles and it is the first planned Urban Development in about 60 years. Interestingly it is one of the smallest areas, that has their own zip code compared to other communities in the United States. How is that possible? Well as well as it is designed with parks, wide side walks, wide streets it has one of the largest density per square feet of land per person compared to any other part of the country.
Ironically the population trend is increasing and the living space is shrinking as we speak.
These graphs are very telling. Clearly the inventory has had a healthy turnaround from 2015 to 2016.
The same observation is valid for the Closed Sales as well. So what do I attribute it to? Well simply stated Consumer Confidence has returned and we have Google & Facebook encamped in this zip code and they are feeding the Real Estate activity for Playa Vista, Playa Del Rey, Marina Del Rey, Venice and Westchester to name the close by communities.
Now if you are looking to buy or sell in these areas please reach out to me directly for a confidential dialogue.
If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at310.486.1002 (m) or email@example.com or visit one of my websites at http://www.endrebarath.com. I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations.