The Playa Vista Real Estate Market Activity Review for 2018 is ...

Real Estate Agent with Berkshire Hathaway HomeServices 01238708

The Playa Vista Real Estate Market Activity Review for 2018 is published...

Most of my  regular readers are familiar that this is the latest Planned Urban Development in Los Angeles. Before this one the last Planned Urban Developement (PUD) was about 60 plus years ago.

This is a community with its own Post Office, Numerous Restaurants, Banking Facilities, Dry Cleaners and the list goes on an on. There is virtually no reason to leave the community. Hence the New Start Up Company employees, the Google & Yahoo employees by natural progression have gravitated to this community. Hence in the past few years the prices have dramatically increased.

The other benefit is that it is less than three mile to the Pacific Ocean and less than two miles to Los Angeles International Airport (LAX). the best part is you do not hear the planes since it is not in the take off or landing patterns of LAX.

So let me show you the actual numbers:

Listing Status

Status Count
Active 29
Active-Contract 3
Pending 4
Sold 100
Total 136

Statistical Summary

Statistic Bedrooms Bathrooms Square Feet List Price Sold Price DOM
Minimum 1 1.00 642 $466,530 $466,530 0
Average 2 2.75 1,594 $1,157,103 $1,162,941 35
Median 2 3.00 1,550 $998,500 $1,032,500 27
Maximum 4 4.00 3,130 $2,395,000 $2,360,000 135
Total Volume       $157,366,092 $116,294,168

DOM and Average % of List Price received on Solds Statistics

Statistic 0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 59 30 7 4 0
Breakdown % 59.00 30.00 7.00 4.00 0.00
Avg SP%LP 100.76 99.56 99.51 100.99 0.00


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endre barath berkshire hathaway beverly hills realtor
playa vista market trends
newest planned community in los angeles

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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties sold.

Jan 11, 2019 02:38 AM #1
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, - Monroe, NY
The House Kat

It's so interesting how different each area is. It says a lot about the area that a one bedroom, one bath home got swiped up in 1 day and it was nearly a half million dollars. Buyers and sellers in your area should call you!

Jan 11, 2019 03:05 AM #2
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Endre. Sound like an ideal location in a congested area. Thanks for the update. Enjoy your day!

Jan 11, 2019 04:40 AM #3
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Endre Barath, Jr. ,

You definitely know your Playa Vista real estate market and are the agent buyers need to be calling for guidance. It's amazing the prices for a one bedroom 1 bath..and gone in the blink of an eye!

Jan 11, 2019 04:41 AM #4
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jan 11, 2019 05:40 AM #5
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Endre.  Thanks for keeping us updated about the Playa Vista real estate market.

Jan 11, 2019 05:46 AM #6
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Endre, I can see why the 1 bedroom was snatched up quickly, Playa Vista is in a prime location. If it were me I'd hold on to that property for years and years to come, great investment. 

Jan 11, 2019 06:24 AM #7
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Endre Barath, Jr., you've provided great information on Playa Vista from what's nearby to market update. It's a great location for those who wish to be in the center of everything.

Jan 11, 2019 03:02 PM #8
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre we have several Planned Developments around here, but non with as many things incorporated into it as this one.

Jan 11, 2019 03:51 PM #9
Debe Maxwell, CRS | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Now that is the way to do a PUD, Endre - we have so rare 'true' PUDs here - most simply include a couple of great amenities.

Love the report - especially the list-to-sales price ratios - impressive!

Jan 11, 2019 10:37 PM #10
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Endre Barath, Jr.  love your picture .  Great market report on Playa-Vista-Real-Estate-Market . I can however find it easy to pronounce . Not like some areas . You certainly know the area . I find it very interesting that this community has it's own Post Office .

Jan 12, 2019 12:37 PM #11
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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