Last week, I mentioned the Playa Vista leasing market is running parallel with the resale market, as both sectors are equally active. In fact, the activities in the sales market is fueling the leasing market. With over 20% of 2016 closings Continue reading Playa Vista Market Report: Cash Buyers Giving Way to Investment Purchases with a View toward Silicon Beach…
With 25 active single family homes and condos listed on the Multiple Listing Service, (MLS) the total inventory is holding steady with the same number of listings entering escrow as new listings coming on the market. Specifically, there are 8 active Continue reading Playa Vista Market Report: The Role of Playa Vista Elementary School in Playa Vista Inventory Demand
Swinging like a pendulum, the total inventory in the Playa Vista condo resale market dipped to 18 this week and six listings opened escrow. These properties ranged from one 2+2, offered at $759,000, to a majority of other pending listings Continue reading Playa Vista Market Report: It Feels Like a Seller’s Market Again!
Inventory this week, in both the Playa Vista condo and single family home resale markets, are at their all-time high this year. Currently, there are 23 beautiful condos (3 are brand new homes from the builder) and 8 single family Continue reading Playa Vista Market Report: Playa Vista Enters Autumn with New Inventory and Green, Clean Living!