October 2009 Condominium Market Report for Century City/Westwood ,CA
I have been so consumed by three different transactions, that I just did not have any time for publishing the Market Report for Century City/ Westwood for the month of October. Late as it may be here it is. To make up for the lateness I have made the following changes for added value. Let me know what you think:
|
Monthly Statistics – Condo – October 2009 |
||||||||
|
|
||||||||
|
Sales Volume |
||||||||
|
No. |
Area |
Oct 2008 |
Oct 2009 |
Sep 2009 |
2009 To Date |
2008 To Date |
SP/LP |
SP/OLP |
|
5 |
$40,822,452 |
$22,288,936 |
$30,308,750 |
$203,683,363 |
$288,943,465 |
95.46% |
91.60% |
|
|
|
||||||||
|
Sales Volume |
||||||||
|
No. |
Area |
Oct 2008 |
Oct 2009 |
Sep 2009 |
2009 To Date |
2008 To Date |
SP/LP |
SP/OLP |
|
All Selected Areas |
$40,822,452 |
$22,288,936 |
$30,308,750 |
$203,683,363 |
$288,943,465 |
95.46% |
91.60% |
|
|
|
|
Median Sales Price |
||||||
|
No. |
Area |
Oct 2008 |
Oct 2009 |
Sep 2009 |
2009 To Date |
2008 To Date |
|
5 |
$665,000 |
$610,000 |
$645,000 |
$625,000 |
$675,000 |
|
Number of Listings and Days on Market |
|||||||||||||||||||
|
|
#Sold |
#New |
#A |
#B |
#P |
#E |
#W |
||||||||||||
|
No. |
Area |
% |
Mth |
Dom |
Ytd |
Dom |
% |
Mth |
Ytd |
Ytd |
Dom |
Mth |
Dom |
Mth |
Dom |
Mth |
Dom |
Mth |
Dom |
|
5 |
12.09 |
33 |
75 |
273 |
86 |
11.47 |
82 |
715 |
395 |
149 |
35 |
79 |
23 |
71 |
73 |
220 |
44 |
121 |
|
|
|
|||||||||||||||||||
|
Number of Listings and Days on Market |
|||||||||||||||||||
|
|
#Sold |
#New |
#A |
#B |
#P |
#E |
#W |
||||||||||||
|
No. |
Area |
% |
Mth |
Dom |
Ytd |
Dom |
% |
Mth |
Ytd |
Ytd |
Dom |
Mth |
Dom |
Mth |
Dom |
Mth |
Dom |
Mth |
Dom |
|
All Selected Areas |
12.09 |
33 |
75 |
273 |
86 |
11.47 |
82 |
715 |
395 |
149 |
35 |
79 |
23 |
71 |
73 |
220 |
44 |
121 |
|
|
|
I find the numbers are very interesting and telling. My first impression is the Price Drop for starters is very interesting month over month as well as year over year. Also interesting is the sales volume month over month as well as comparing it to year over year.
If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 (USA) or email me at EndreBarath@TheMLS.Com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.
