What's Selling in 2010 in Los Angeles?

Single Family Properties are "HOT" and Selling this spring in multiple cities across the Los Angeles Area.

Here are a few examples to give you a glimpse of what is happening in our market:


Beverly Hills:

25 homes have sold during the first quarter so far. 1 sold over the asking price. 3 sold's were priced over $10,000,000

450 N. Doheny Drive - Listed $11,900,000 and sold for $10,000,000

1141 Summit Drive - Listed at $21,000,000 and sold for $16,500,000


Brentwood:

46 houses have sold since January of this year. 8 of them sold over the asking price and at least 6 of them sold very close to asking. We are not just talking about entry level houses being sold either. The one's that sold over asking are the higher priced range ones!

474 Homewood Road - Listed at $3,300,000 and sold for $3,525,000

700 N. Bundy Drive - Listed at $2,495,000 and sold for $2,809,000





Cheviot Hills:

12 listings sold. 3 of them sold over the asking price.

2821 Dumfries Road - Listed at $1,795,000 and sold for $1,940,000

3043 Cavendish Drive - Listed at $1,199,000 and sold for $1,200,000


Mar Vista:

39 homes sold. 9 sold over the asking price and many sold for asking.

3967 Marcasel Avenue - Listed at $649,000 and sold for $675,000

3114 Greenfield Avenue - Listed for $1,249,000 and sold for $1,260,000


Santa Monica:

37 homes have sold since January 2010. 2 of them sold over the asking price and 2 sold for asking.

2413 30th Street - Listed at $999,000 and sold for $1,075,000

933 Harvard Street - Listed at $1,849,000 and sold for asking price.

Pacific Palisades:

58 homes have sold since January 2010. 2 of them sold over the asking price and many sold very close to asking.

801 Amalfi Drive - Listed at $8,495,000 and sold for $8,000,000

15242 Friends Street - Listed at $1,595,000 and sold for $1,625,000


Westwood:

15 listings sold. 6 of them sold over the asking price.

941 Hilts Avenue - Listed at $2,495,000 and sold for $2,550,000

10762 Wellworth Avenue - Listed at $1,395,000 and sold for $1,400,000

1236 Holmby Avenue - Listed at $1,249,000 and sold for $1,305,000