Monday, June 15, 2009

Venice Condo Sales Update - June 2009

CONDO MARKET UPDATE – June 2009

Condo values continue to slide in June 2009. See info below, along with my current sales and listings in Venice, Santa Monica and Marina del Rey.

SANTA MONICA – WEST OF LINCOLN

# of New Listings - 5

# of Sold Listings - 8

Average Price Per Unit Sold - $670,000

Average Price Per SQFT SOLD - $617.00


VENICE– WEST OF LINCOLN

# of New Listings - 7

# of Sold Listings - 6

Average Price Per Unit Sold - $662,000

Average Price Per SQFT SOLD - $510.00


MARINA DEL REY – WEST OF LINCOLN

# of New Listings - 16

# of Sold Listings - 11

Average Price Per Unit Sold - $499,000

Average Price Per SQFT SOLD - $355.00


Brian’s June SOLD LISTINGS:

3019 Third Street Unit 404, SANTA MONICAwww.3019Condo.com

Beds 2 Baths 2 Living Space 1,371 SQFT / List Price $849,000 – Sale Price - $1,000,001^

*Brian represented the Seller

424 Venice Blvd #1, VENICE

Beds 2 Baths 2.5 Living Space: 1,956 / List Price $899,000 – Sale Price - $850,000

*Brian represented the Buyer

2306 Sixth Street, SANTA MONICAwww.2306Sixth.com

Beds 2 Baths 1 Living Space: 1,081 SQFT / List Price $624,999 – Sale Price - $609,000

*Brian represented both the Seller & Buyer

2431 3rd Street Unit 10, SANTA MONICAwww.2431Third.com

Beds 1 Baths 1 Living Space: 641 SQFT – List Price - $479,000 – Sale Price - $525,000^

*Brian represented the Seller

1123 Tenth Street Unit H, SANTA MONICAwww.1123Tenth.com

Beds 2 Baths 1 Living Space: 806 SQFT – List Price $499,000 – Sale Price - $515,000^

*Brian represented the Seller


Brian’s New Escrows:

2020 Sixth Street #4, SANTA MONICAwww.2020Sixth.com (3 offers in the first week)

Beds 2 Baths 3 + Loft Living Space: 1,669 SQFT – List Price $1,039,000


Brian’s New Listings:

6756 Woodrow Wilson, Hollywood Hills – www.WoodrowModern.com

Beds 2 Baths 2.5 Living Space: 3,000 SQFT – List Price $1,199,000

343 Rennie Ave #5, VENICEwww.343Rennie.com

Beds 2 Baths 2 Living Space: 1,362 – List Price $849,000

2021 California Ave #10, SANTA MONICAwww.2021California.com

Beds 3 Baths 2 Living Space: 1,460 – List Price $799,000

2940 Neilson Way #204, SANTA MONICAwww.SeaColonyUnit.com

Beds 1 Baths 1.5 Living Space: 1,081 - $649,000