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Wednesday, October 22, 2008

Playa Vista Real Estate Market Report: September

September 2008 Condo Sales Up 120% Versus Last Year




September saw a sharp year-to-date spike in properties sold in Playa Vista. Last month, a total of 11 properties sold versus 5 during the previous year (September 07). Median prices of condos/townhomes sold last month was priced at $650,000. The average price per square foot was $383.67, with an average of 61 days-on-the-market (DOM).

Here is the list of properties sold in September 2008:

Bridgeway Mills
5400 Playa Vista Drive, Unit 19
2 Bedrooms, 2.5 Bath, 2,050 SF
Sold: 755,000


Carabela
12975 Agustin Place, Unit 110
3 Bedrooms, 2.5 Bath, 1,989 SF
Sold: 700,000

12975 Agustin Place, Unit 322
2 Bedrooms, 2 Bath, 1,270 SF
Sold: 549,000


Concerto Lofts
13045 Pacific Promenade, Unit 310
2 Bedrooms, 2 Bath, 1,188 SF
Sold: 576,855


The Metro
5625 Crescent Park West, Unit 108
2 Bedrooms, 2 Bath, 1,310 SF
Sold: 480,000 (short sale)

5625 Crescent Park West, Unit 129
2 Bedrooms, 2 Bath, 1,620 SF
Sold: 530,000 (bank-owned)


Paraiso
13173 Pacific Promenade, Unit 138 2C
2 Bedrooms, 2.50 Bath, 1,703 SF
Sold: 689,000

13173 Pacific Promenade, Unit 125
2 Bedrooms, 2.5 Bath, 1,703 SF
Sold: 650,000

13173 Pacific Promenade, Unit 137 2C
2 Bedrooms, 2.50 Bath, 2,204 SF
Sold: 765,000


Tapestry
5701 Kiyot Way, Unit 4
2 Bedrooms, 2.50 Bath, 1,640 SF
Sold: 650,000


Waterstone
6400 Crescent Park East, Unit 414
1 Bedroom, 1 Bath, 780 SF
Sold: 352,800 (cpu)



*The Legal Stuff Data is provided information from CLAW MLS.Data may or may not include home builder’s inventories sold.Information is deemed reliable but not guaranteed. This update is for informational purposes only. No representations are made as to the accuracy of this information.

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