Most of the action this week centered on homes in the $1M to $2M price range! Brookfield Residential released two new neighborhoods — Cleo & Mason — last weekend and started selling their initial phases on Wednesday, May 25th. In only Continue reading Playa Vista Market Report: Rental Market in Silicon Beach
Buyers have been rejoicing this week, shouting out for the increased inventory! In the last week alone, the inventory in the condo market doubled, giving buyers three times as many options to choose from. Essentially, overnight the number of active listing in the Continue reading Playa Vista Market Report: Rejoice with the Jump in Inventory!
Last week, I reported a drastic 22% decrease in the number of closed sales in the Playa Vista condo resale market when comparing the numbers from January through April of 2015 vs. the same period in 2016. In addition, the Continue reading Playa Vista Market Report: News, Trends & Entertainment!
This week saw a slight uptick in new listings on the market. Two single family homes and a new condo listing are available right now! This makes the total available listings for sale to 5 in each category. Although this is Continue reading Playa Vista Market Report: The Effect of a Seller’s Market