Posts tagged Brentwood

This week, while CNN, I heard the presenter exclaim with confidence: “New home sales rose, prices – which rose in April and sales of existing homes fell a bit gullible and waits for messages to me in a thorough knowledge of one! situation where I was petrified and with the intention hearing the rest of the story. Well, he was that throughout its history. said be honest, I do not know exactly what happened in our local real estate market right now, but he is falling or rolling.

The median sales price for single family homes in Santa Monica from 2007 to date is 587 500, while the median sales price since 2006 to 534 000 today. This means that values are substantially retained. Property values and opportunities in our city is very diverse. When in 2006 a few more people have their houses in Sunset Park, north of Montana, the median sales price sold is lower and vice versa. The same is true for days on the market. Condominium for average exit of Highway 10 in Pico will take longer to sell your home on average just north of Wilshire.

Detached properties were selling for an average of 96.43% of their original asking price. The average number of market days in the year to date is 96 days. Sales in the U.S. dollar has a few points since last year, so people still buy. It is a little longer to sell a house, but sellers are more or less what they want and the market. Nothing exciting, no “pumping” or “overthrow.”

In Brentwood, an area with predominantly more end single-family homes, the average sale price for the year 2007 367500 and the median sales price since 2006, 990 500. The average number of market days in the year to date is 78 days. It is too early to say if the median sales price is much higher than last year, but they are certainly not decreasing.

Condominiums to the segment of the market were the first to get hammered by a slowdown. The median sales price for condos in Brentwood from 2007 to 4000 and today is Santa Monica, it is 2,500. The median sales price since 2006 to date is in Brentwood condos for 0,000 and Santa Monica, it’s 7754th The average number of days on the market in Brentwood is 94 and in Santa Monica, it is 142nd When I see days on the market for more than four months, it is not good. But since the first four months of this year, the average number of days on the market for an apartment in Santa Monica only 62nd

I do not know any of this information is very exciting, but we hope it is comforting to know that the sky is not falling. If you are a homeowner, you need not worry every day to make that your net worth takes a nosedive. For customers, this should help you feel better about your desire to settle in and find a place called “home.”

Simon Salloom Santa Monica is a local REALTOR with Coldwell Banker basis. For questions or comments on this article, see: Santa Monica real estate, and then click the link to the blog. All statistics are from the MLS BHGLAAR.