Los Angeles Living

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Top 5 Los Angeles Zip Codes in Which Angelenos Choose to Live

According to Trulia’s latest  Metro Movers Report the 5 top Los Angeles zip codes chosen by local Los Angelenos for living are: 91436900369006690064, and 91604.

Where are these desirable zip codes?

91436 covers upscale Encino which lies in the heart of the San Fernando Valley.

159 single family homes were sold over the past year
Median price $934,000
49 Active listings
Median price $1,000,000
Absorption rate*  - 3.82 months

 

90036 includes the Fairfax district and  Park La Brea | Miracle Mile.

 

91 single family homes were sold over the past year
Median price $950,000
Active listings 25
Median price $999,100
Absorption rate*  3.19 months

 

90066, covers Mar Vista

 

260 single family homes were sold over the past year
Median price $726,000
Active listings 51
Median price $688,800
Absorption rate*  2.41 months

 

90064,  covers West L.A., Cheviot Hills and Rancho Park

 

169 single family homes sold over past year
Median price $906,000
Active listings 41
Median price $849,000
Absorption rate*  3.47 months

 

91604,  is Studio City

 

232 single family homes were sold over the past year
Median price $805,500
Active listings 74
Median price $999,450
Absorption rate*  3.96 months

 

 *Absorption rate is the number of months inventory (in this case based on the past 6 months sales)
6 months is a balance market
Above 6 months is a buyers’ market
Below 6 months is a sellers’ market

 

Los Angeles home sellers in the above areas should be doing well.  There is little inventory and buyers ready to buy.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Read more: http://www.homejane.com/5-top-los-angeles-zip-codes.html#ixzz1liO8Umxj

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Downtown Los Angeles Condos | Market Report 2011

Let’s take a look at how Downtown Los Angeles condos fared over the past year.

For the purposes of this report I have broken the price ranges down to under $500K, $500K to $1 Million, and the over $1 Million bracket. The largest movement is in the under $under 500K category.

Market absorption indicates the amount of time it will take to sell the existing inventory on the market.  Six months is a balanced market; under six months a sellers’ market; over six months a buyers’ market.

Downtown L.A. Market Report

Downtown Los Angeles Condos under $500,000 are a hot commodity, and definitely a strong sellers’ market, indicated by the low inventory.

91 of the past year’s sales were studios, which are extremely popular and hard to find, especially in good condition. 34 of these were short sales or foreclosures.

Out of the remaining 275 condos sold over the past year, 71 were either a foreclosure or short sales.

The median price has declined slightly over the previous 12 months, but the sold to list price has increased.

Downtown Los Angeles Condo Market

Only two sales in this category were either a short sale or foreclosure.

The media price has increased, as has the sold price to list price.

With a little over six months’ worth of inventory, the $500K to $1M Los Angeles Downtown condos price range is fairly stable, leaning slightly towards buyers.

Downtown L.A. Condos

The over $1 Million Downtown Los Angeles condo market is basically based on two buildings, the Ritz Carlton Residences at L.A. Live,  and EVO, and sales in this price range are slow, with over two years’ worth of inventory.

Search Condos for Sale in Downtown Los Angeles

Showing properties 1 - 25 of 127. See more Downtown Los Angeles Condos for Sale
(all data current as of 2/2/2012)

  1.  Downtown Los Angeles Condos | Market Report
    1 bed, 1.0 baths
    Home size: 990 sq ft
    Year built: 1923
    Days on market: 4
     
  2. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2.0 baths
    Home size: 1,323 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 4
     
  3. 0 medium Downtown Los Angeles Condos | Market Report
    0 beds, 1.0 baths
    Home size: 650 sq ft
    Year built: 1922
    Days on market: 7
     
  4. 0 medium Downtown Los Angeles Condos | Market Report
    0 beds, 1 full bath
    Home size: 760 sq ft
    Year built: 1910
    Days on market: 9
     
  5. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 1 full bath
    Home size: 650 sq ft
    Year built: 1923
    Days on market: 9
     
  6. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 1 full, 1 part baths
    Home size: 2,310 sq ft
    Year built: 2007
    Parking spots: 2
    Days on market: 10
     
  7. 0 medium Downtown Los Angeles Condos | Market Report
    0 beds, 1 full bath
    Home size: 630 sq ft
    Lot size: 1.23 ac
    Year built: 2006
    Parking spots: 1
    Days on market: 10
     
  8. 0 medium Downtown Los Angeles Condos | Market Report
    3 beds, 3 full baths
    Home size: 1,291 sq ft
    Lot size: 11,982 sq ft
    Year built: 1987
    Parking spots: 2
    Days on market: 11
     
  9. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 2.0 baths
    Home size: 1,610 sq ft
    Year built: 1930
    Days on market: 11
     
  10. 0 medium Downtown Los Angeles Condos | Market Report
    3 beds, 2 full baths
    Home size: 1,030 sq ft
    Lot size: 3.38 ac
    Year built: 1983
    Parking spots: 4
    Days on market: 11
     
  11. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2 full baths
    Home size: 1,186 sq ft
    Lot size: 3.17 ac
    Year built: 2005
    Days on market: 11
     
  12. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2 full, 1 part baths
    Home size: 2,346 sq ft
    Year built: 2008
    Parking spots: 2
    Days on market: 11
     
  13. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2 full, 1 part baths
    Home size: 2,384 sq ft
    Year built: 2008
    Parking spots: 2
    Days on market: 11
     
  14. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2.5 baths
    Home size: 2,239 sq ft
    Year built: 2008
    Parking spots: 2
    Days on market: 11
     
  15. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2.0 baths
    Home size: 1,340 sq ft
    Year built: 1986
    Days on market: 13
     
  16. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 1 full bath
    Home size: 926 sq ft
    Lot size: 3.38 ac
    Year built: 1983
    Parking spots: 2
    Days on market: 16
     
  17. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 1 full bath
    Home size: 1,052 sq ft
    Year built: 2007
    Days on market: 17
     
  18. 0 medium Downtown Los Angeles Condos | Market Report
    3 beds, 3 full baths
    Home size: 1,356 sq ft
    Lot size: 1.16 ac
    Year built: 1990
    Parking spots: 4
    Days on market: 22
     
  19. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 1 full bath
    Home size: 500 sq ft
    Year built: 1923
    Days on market: 22
     
  20. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2 full baths
    Home size: 1,030 sq ft
    Lot size: 1.64 ac
    Year built: 2006
    Parking spots: 4
    Days on market: 23
     
  21. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 1.0 baths
    Home size: 960 sq ft
    Year built: 2007
    Parking spots: 1
    Days on market: 23
     
  22. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2 full baths
    Home size: 1,193 sq ft
    Year built: 1983
    Parking spots: 2
    Days on market: 25
     
  23. 0 medium Downtown Los Angeles Condos | Market Report
    2 beds, 2.0 baths
    Home size: 1,520 sq ft
    Year built: 2005
    Parking spots: 2
    Days on market: 25
     
  24. 0 medium Downtown Los Angeles Condos | Market Report
    1 bed, 1.0 baths
    Home size: 800 sq ft
    Year built: 1912
    Parking spots: 1
    Days on market: 27
     
  25. 0 medium Downtown Los Angeles Condos | Market Report
    3 beds, 3.0 baths
    Home size: 3,020 sq ft
    Year built: 2007
    Parking spots: 3
    Days on market: 27
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

 



Read more: http://www.homejane.com/downtown-los-angeles-condos-market-report.html#ixzz1lMgKyICY

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Wilshire Corridor Market Overview | February 2012

There are presently 96 listed condos for sale on the Wilshire Corridor.

Three units have been on the market for over two years:  two at La Tour and one at the Marie Antoinette.

Four units have been on the market for over one year:  one at The Californian one at La Tourone at The Remingtonand one at 10560 Wilshire.Wilshire Corridor

12 units have been on the market for over 6 months.

7 units are listed as Short Pay (I am relying on the MLS here):  two at the Marie Antoinette one at 10560 Wilshireone at The Mirabella, one at Wilshire Selby Eastone at Wilshire Selby West, and one coming up at The Grand.

There is one foreclosure noted in the MLS, at The Wilshire Holmby.

One bedroom condos

16 are available from $310,000 to $799,000, with homeowners dues from $500,000 at the Wilshire Selby West to $2,233 at The Wilshire Terrace.

Two bedroom condos

48 units are available from $355,000  at The Churchill, to $3,100,000 at Blair House.  Homeowners dues from $549 at the Wilshire Marquis to $2,987 at The Californian.

Three bedroom condos

There are 20 units available from $399,000 at the Marie Antoinette to $13,795,000 at The Carlyle.  Homeowners dues from $1,283 at the Marie Antoinette to $3,370 at The Remington penthouse.

Four bedroom condos

There are 4 units from $735,000 at The Westholme to $11,995,000 at The Californian.  Homeowners dues from $1,610 to $3,409.16 respectively.

The new Beverly West  is not included in the above overview.

Search Condos for Sale and Rent on the Wilshire Corridor by Price Range

Available 3 -bedroom condos on the Wilshire Corridor

You can also check out the Wilshire Corridor 2011 Market Report.

Showing properties 1 - 25 of 30. See more 3 Bedroom Wilshire Corridor Condos
(all data current as of 2/2/2012)

  1. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 2,677 sq ft
    Year built: 1989
    Days on market: 7
     
  2. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 2 full, 1 part baths
    Home size: 1,824 sq ft
    Lot size: 31,461 sq ft
    Year built: 1963
    Parking spots: 2
    Days on market: 13
     
  3. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 4.5 baths
    Home size: 3,535 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 22
     
  4. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 4.5 baths
    Home size: 3,535 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 22
     
  5. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3 full baths
    Home size: 1,937 sq ft
    Year built: 1961
    Days on market: 25
     
  6. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 5.0 baths
    Home size: 3,216 sq ft
    Year built: 1958
    Parking spots: 2
    Days on market: 28
     
  7. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 4.5 baths
    Home size: 3,535 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 29
     
  8. 0 medium Wilshire Corridor Condos | A Market Overview
    4 beds, 4 full, 1 part baths
    Home size: 5,383 sq ft
    Year built: 1980
    Parking spots: 6
    Days on market: 29
     
  9. 0 medium Wilshire Corridor Condos | A Market Overview
    4 beds, 3 full baths
    Home size: 2,719 sq ft
    Lot size: 11,096 sq ft
    Year built: 1977
    Parking spots: 4
    Days on market: 55
     
  10. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 4.0 baths
    Home size: 3,602 sq ft
    Year built: 1982
    Parking spots: 4
    Days on market: 85
     
  11. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3 full baths
    Home size: 2,076 sq ft
    Lot size: 31,569 sq ft
    Year built: 1989
    Parking spots: 4
    Days on market: 106
     
  12. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 2,368 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 116
     
  13. 0 medium Wilshire Corridor Condos | A Market Overview
    4 beds, 7.0 baths
    Home size: 7,976 sq ft
    Year built: 2011
    Days on market: 119
     
  14. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 3,813 sq ft
    Year built: 2011
    Days on market: 119
     
  15. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 3,813 sq ft
    Year built: 2011
    Days on market: 119
     
  16. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 3,813 sq ft
    Year built: 2011
    Days on market: 120
     
  17. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 3,190 sq ft
    Year built: 1990
    Parking spots: 2
    Days on market: 134
     
  18. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3 full, 1 part baths
    Home size: 3,341 sq ft
    Year built: 2005
    Parking spots: 2
    Days on market: 156
     
  19. 0 medium Wilshire Corridor Condos | A Market Overview
    4 beds, 5 full, 1 part baths
    Home size: 5,957 sq ft
    Year built: 1989
    Parking spots: 8
    Days on market: 179
     
  20. 0 medium Wilshire Corridor Condos | A Market Overview
    4 beds, 3.0 baths
    Home size: 2,038 sq ft
    Year built: 1976
    Days on market: 208
     
  21. 0 medium Wilshire Corridor Condos | A Market Overview
    4 beds, 4.5 baths
    Home size: 6,480 sq ft
    Year built: 2006
    Parking spots: 4
    Days on market: 219
     
  22. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 2 full, 1 part baths
    Home size: 1,459 sq ft
    Year built: 1962
    Parking spots: 4
    Days on market: 244
     
  23. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 2,776 sq ft
    Year built: 1991
    Parking spots: 2
    Days on market: 288
     
  24. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 3.5 baths
    Home size: 5,519 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 330
     
  25. 0 medium Wilshire Corridor Condos | A Market Overview
    3 beds, 4.0 baths
    Home size: 3,143 sq ft
    Year built: 1990
    Parking spots: 2
    Days on market: 415
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.



Read more: http://www.homejane.com/wilshire-corridor-condos-market-overview.html#ixzz1lFhQhNWt

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Beware of Those Liens When Buying a Foreclosed Los Angeles Home

We are back to the point about buying a Los Angeles home for a bargain.  You generally get what you pay for.

If you are thinking of buying a home at a foreclosure auction then beware of unknown matters that could pop up, as you will  probably not be offered title insurance on the property.  In a regular sale, the Seller will be paying for your title insurance.  You could be inheriting a bunch of problems which will make it difficult for you when it comes to selling the property.

What matters are we talking about here?Foreclosed Home

1.  Property Taxes

2.  Senior Liens

3.  HOA Liens if the foreclosing lien is not a first mortgage

4.  Federal taxes (IRS has 120 redemption period)

5.  Mechanics’ liens that have priority

6.  Quiet Title Action due to fraud

7.  City Government liens (sewer, trash, abatement, etc.)

8.  Federal judgement liens

9.  Bankruptcies (if no evidence of the Automatic Stay lifted)

10. Easements, Agreements, and CC&Rs.

You may be able to get a binder  from a title company to insure a future transaction ,which may require you to clear all existing matters before an actual sale or refinance.

The foreclosure is not quite the bargain it first seems.

Search Los Angeles Foreclosures for Sale

Showing properties 1 - 25 of 381. See more Los Angeles Foreclosures
(all data current as of 1/22/2012)

  1. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1 full bath
    Home size: 796 sq ft
    Lot size: 4,126 sq ft
    Year built: 1925
    Parking spots: 2
    Days on market: 3
     
  2. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    3 beds, 1.0 baths
    Home size: 1,115 sq ft
    Lot size: 4,101 sq ft
    Year built: 1953
    Days on market: 3
     
  3. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 2.0 baths
    Home size: 990 sq ft
    Year built: 2006
    Days on market: 3
     
  4. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1 full bath
    Home size: 1,400 sq ft
    Lot size: 5,586 sq ft
    Year built: 1910
    Days on market: 3
     
  5. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1 full bath
    Home size: 688 sq ft
    Lot size: 4,356 sq ft
    Year built: 1924
    Days on market: 3
     
  6. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 2.0 baths
    Home size: 1,150 sq ft
    Year built: 2005
    Days on market: 3
     
  7.  When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1 full bath
    Home size: 1,464 sq ft
    Lot size: 5,857 sq ft
    Year built: 1914
    Parking spots: 2
    Days on market: 3
     
  8. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    4 beds, 3.0 baths
    Home size: 2,483 sq ft
    Lot size: 10,967 sq ft
    Year built: 1984
    Parking spots: 6
    Days on market: 3
     
  9. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    3 beds, 1 full bath
    Home size: 1,064 sq ft
    Lot size: 5,524 sq ft
    Year built: 1955
    Parking spots: 2
    Days on market: 4
     
  10.  When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1.0 baths
    Home size: 910 sq ft
    Lot size: 6,664 sq ft
    Year built: 1925
    Days on market: 4
     
  11. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    3 beds, 1 full bath
    Home size: 1,212 sq ft
    Lot size: 4,840 sq ft
    Year built: 1926
    Parking spots: 1
    Days on market: 4
     
  12. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    1 bed, 1 full bath
    Home size: 480 sq ft
    Lot size: 5,154 sq ft
    Year built: 1920
    Parking spots: 1
    Days on market: 4
     
  13. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    3 beds, 1 full bath
    Home size: 1,242 sq ft
    Lot size: 6,881 sq ft
    Year built: 1926
    Parking spots: 2
    Days on market: 4
     
  14. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    1 bed, 1.0 baths
    Home size: 873 sq ft
    Year built: 1991
    Parking spots: 1
    Days on market: 4
     
  15. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 2 full baths
    Home size: 1,452 sq ft
    Lot size: 6,400 sq ft
    Year built: 1909
    Parking spots: 3
    Days on market: 4
     
  16. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 2 full baths
    Home size: 1,366 sq ft
    Lot size: 33,019 sq ft
    Year built: 1974
    Parking spots: 2
    Days on market: 4
     
  17. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 3.0 baths
    Home size: 1,898 sq ft
    Year built: 1986
    Parking spots: 2
    Days on market: 4
     
  18. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    3 beds, 2.0 baths
    Home size: 1,291 sq ft
    Lot size: 4,800 sq ft
    Year built: 1926
    Days on market: 5
     
  19. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1.0 baths
    Home size: 1,056 sq ft
    Lot size: 4,400 sq ft
    Year built: 1930
    Days on market: 5
     
  20. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    1 bed, 1.0 baths
    Home size: 842 sq ft
    Lot size: 5,400 sq ft
    Year built: 1921
    Parking spots: 2
    Days on market: 5
     
  21. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    3 beds, 1 full bath
    Home size: 1,292 sq ft
    Lot size: 4,236 sq ft
    Year built: 1921
    Parking spots: 1
    Days on market: 5
     
  22. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    3 beds, 1 full bath
    Home size: 960 sq ft
    Lot size: 5,800 sq ft
    Year built: 1969
    Parking spots: 2
    Days on market: 6
     
  23. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 2 full baths
    Home size: 867 sq ft
    Lot size: 2.22 ac
    Year built: 1949
    Parking spots: 1
    Days on market: 6
     
  24. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1.0 baths
    Home size: 900 sq ft
    Lot size: 5,418 sq ft
    Year built: 1921
    Days on market: 6
     
  25. 0 medium When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters
    2 beds, 1.0 baths
    Home size: 1,026 sq ft
    Lot size: 5,320 sq ft
    Year built: 1926
    Days on market: 6
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.



Read more: http://www.homejane.com/beware-of-liens-when-buying-a-los-angeles-home-at-foreclosure-auctio.html#ixzz1kJCKVpcb

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
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Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Los Angeles Traffic Fines Have Increased | California Needs the Money. Watch Out!

Effective January 6, 2012 the price of Los Angeles traffic tickets is going up by $4 a ticket on already steep fines.  And be extra wary.  It is rumored that there is extra pressure on traffic officers to bring in more revenue.

Local agencies have even been authorized to attach cameras to street sweepers in order to catch parking violators.

Los Angeles Traffic Ticket Fines (Effective 01/06/2012)Traffic Fines

  • VC 12814.6 $214 Failure to obey license provisions
  • VC 14600(A) $214 Failure to notify DMV of address change within 10 days Note: The fine may be reduced with valid proof of correction.
  • VC 16028(A) $796 Failure to provide evidence of financial responsibility (insurance) Note: This fine may be reduced with proof of insurance on or after the violation date.
  • VC 21453(A) $436 Failure to stop at a red signal.
  • VC 22349 $214 Unsafe speed, 1 to 15 miles over the limit.
  • VC 22350 $328 Unsafe speed, 16 to 25 miles over the limit.
  • VC 22450 $214 Failure to stop at a stop sign.
  • VC 22454(A) $616 Passing a school bus with flashing red signals.
  • VC 23123(A) $148 Driving while using a wireless phone not hands free, first offense.
  • VC 23123(B) $256 Driving while using a wireless phone not hands not free, each subsequent offense.
  • VC 23123.5 $148 Driving while using a wireless device to send, read or write text.
  • VC 23124 $148 Minor driving while using a wireless phone.
  • VC 22500 $976 Parking in a bus loading area.
  • VC 22507(A) $976 Violation of disabled parking provisions, first offense.
  • VC 22507(B) $1876 Violation of disabled parking provisions, second offense.
  • VC 26708 $178 Unlawful material on vehicle windows.
  • VC 27150 $178 Adequate muffler required.
  • VC 27315 $148 Mandatory use of seat belts.
  • VC 27360 $436 Mandatory use of passenger child restraints. Note: This fine may be reduced by completing a court authorized child seat diversion program.
  • VC 27400 $178 Headsets or Earplugs covering both ears.
  • VC 27803 $178 Violation of motorcycle safety helmet requirements.
  • VC 34506 $616 Commercial Driver – Log book violation.
  • VC 4000 $256 No evidence of current registration. Note: The fine may be reduced with valid proof of correction.
  •  VC 4159 $178 Notify DMV of change of address within 10 days. Note: The fine may be reduced with valid proof of correction.
  • VC 5200 $178 Proper display of license plates. Note: The fine may be reduced with valid proof of correction.
  • VC 9400 $178 Commercial weight fees due. Note: The fine may be reduced with valid proof of correction

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.



Read more: http://www.homejane.com/new-los-angeles-traffic-fines-effective-january-2012-watch-out-california-needs-the-money.html#ixzz1jSWaJWpM

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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10 Reasons why you Should Use an Agent when Buying a Los Angeles Home

How do you go about searching for a Los Angeles home for sale?  

If you are like the majority of Los Angeles homebuyers  you start your search online.  After all you can buy almost everything online these days including, believe it or not, supposed stem cells.  But unless you are a doctor would you attempt to buy stem cells online?Buyers

The same thing goes for such an important transaction as your future home.  Finding a Los Angeles home for sale  is not a simple process, let alone buying one.  There are so many sites on which you can do the research, and a lot of information to process, much of which can be misinterpreted.  I get so many calls from people wanting to see homes which are already in escrow or off the market, or turn out to be a scam.

I understand the desire to try and do the home search on your own.  There is no pressure.  No agent pushing you when you don’t want to be pushed.  Many of us walk into a store, and when the salesperson comes over and asks if they can help we generally say “no thank you, I’m just looking”.  I have learned that phrase in many languages.  But we are there to buy, and our time would be less wasted if we accepted that offer of help.

The same with buying a home in Los Angeles.  You are not “just looking.”  You could use the help and save yourself a lot of heartache and wasted time.

What can a Los Angeles Realtor® do that you can’t do on your own?  Let me count the ways:

  1. You may, or may not know, unless you are paying all cash, that you are required to be pre-approved by a lender before making an offer on any property.  No offer will be accepted without that pre-approval.  If you don’t have anyone in mind, your Realtor® will have some referrals for you.  Whatever you do, don’t get a do-it-yourself approval either, it will not be worth the paper on which it is written.  Here we go, back to why you need to deal with flesh and blood people
  2. How well do you know the neighborhoods in which you are searching?  If you have specific requirements, why go through all the trouble of doing the research on each home, when your Los Angeles Realtor®  will have the answers, and if they don’t they can do the work for you.
  3. Do you know the history of the home you are investigating?  Did if fall out of escrow recently, and if so, why?  Are you going to try and call the listing agent on each one of the homes?  Which leads me to…..
  4. Have you tried setting up appointments with listing agents?  Do you know how difficult it can sometimes be, especially when you are trying to coordinate several showings at once.  Guess who can take that load off your back!
  5. Oh, and no, you do not want to use the listing agent to purchase the home in which you are interested.  Reasons for not doing so are included in an earlier post,  “Understanding the Benefits of Using a Buyer’s Agent.
  6. When you do find that perfect home, what next?  You now need a strong negotiator to cement the deal for you.  There can be a lot of back and forth between you and the Seller before you come to a meeting of the minds.  Your Realtor® is going to have your back.
  7. Wouldn’t you love to sit back and have someone else take over the reins.  All you have to do is sign the paperwork and come up with the money!  And believe me, there is a ton of paperwork, much of which can be overwhelming.
  8. Do you know good licensed home inspectors?  Your Realtor® sure does.  They have worked with them over the years and know the best ones.  You need to find out everything there is about the house before committing to buying it.  And your Realtor® will help you negotiate any repairs which need doing as a result, with your best interests in mind.
  9. During the course of escrow there are contingencies to be met by both sides.  Your Realtor® will keep you honest and ensure that the other side meets their obligations also.
  10. And lastly, all these services are provided to you for free.  If you connect with a good Realtor® and trust them, you have nothing to lose and everything to gain.  You may find you have more to lose by not using the services of a Los Angeles Realtor® than you do by taking the leap and hiring one.

One thing I can promise you is that you will get no pressure from me, just the assistance you need in order to find the home you are going to love.

L.A.2 Need Help Buying a Los Angeles Property?  10 Reasons Why You Should Talk to a Realtor®

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.



Read more: http://www.homejane.com/need-help-buying-a-los-angeles-property-10-reasons-why-you-should-talk-to-a-realtor.html#ixzz1jGhUDTD8

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Brentwood Los Angeles Housing Market Report 2011

Let’s take a look at how the Brentwood Los Angeles real estate market did in 2011.

I have split the 2011 Brentwood real estate market report into four sections, single family by price breakdown and condos.  I have also shown relevant percentage comparisons with the 2010 statistics.

What is Market Absorption?

Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market.

6 months worth of inventory is a balanced market.  Under 6 months is a sellers’ market, and anything over 6 months is a buyers’ market.

So how did Brentwood do?

Brentwood Under $2M

The under $2M single family housing market in the Brentwood area of Los Angeles is fairly steady and reflects a sellers’ market.  The median price inched up over the same period in 2010.

Brentwood $205M

Brentwood homes for sale from $2 to $5M still remain in a sellers’ market primarily because inventory remains fairly low.  The median price has dropped almost 30% over the same period in 2010
.

Brentwood over $5M

The Brentwood Los Angeles luxury housing market saw a huge drop in both sales and median price, especially over the last three months when compared to the same period last year.  With 17 homes on the market and only one sale in 3 months, buyers should be out in force in Brentwood.

Brentwood Condos

The Brentwood condo market is definitely a sellers’ market and doing well.  The median price is down somewhat over the same last 3-month period last year but overall, Brentwood condo sellers should consider putting their homes on the market.

Previous Market Reports

Brentwood Real Estate Market Report, November 2011
Buying a Brentwood Home How did the Market Do?
Brentwood Los Angeles Luxury Real Estate Market

 

 

 

Showing properties 1 - 15 of 199. See more Brentwood Homes for Sale
(all data current as of 1/10/2012)

  1. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    5 beds, 4 full, 1 part baths
    Home size: 4,314 sq ft
    Lot size: 6,000 sq ft
    Year built: 2007
    Days on market: 1
     
  2. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    2 beds, 2.5 baths
    Home size: 1,461 sq ft
    Year built: 2002
    Parking spots: 2
    Days on market: 1
     
  3. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    4 beds, 3.0 baths
    Home size: 2,219 sq ft
    Lot size: 5,250 sq ft
    Year built: 1938
    Parking spots: 2
    Days on market: 1
     
  4. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    3 beds, 2 full baths
    Home size: 2,342 sq ft
    Lot size: 8,549 sq ft
    Year built: 1954
    Days on market: 1
     
  5. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,228 sq ft
    Year built: 1996
    Parking spots: 2
    Days on market: 2
     
  6.  Brentwood Los Angeles Real Estate Market Report 2011
    3 beds, 3 full, 2 part baths
    Home size: 3,627 sq ft
    Lot size: 17,359 sq ft
    Year built: 1979
    Parking spots: 4
    Days on market: 2
     
  7. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    3 beds, 3.0 baths
    Home size: 1,587 sq ft
    Year built: 2012
    Parking spots: 2
    Days on market: 2
     
  8. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    4 beds, 4.0 baths
    Home size: 2,981 sq ft
    Lot size: 1.53 ac
    Year built: 1977
    Days on market: 2
     
  9. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,474 sq ft
    Lot size: 9,000 sq ft
    Days on market: 2
     
  10. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    3 beds, 3.5 baths
    Home size: 4,200 sq ft
    Lot size: 29,982 sq ft
    Year built: 2003
    Parking spots: 2
    Days on market: 2
     
  11. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    2 beds, 3.0 baths
    Home size: 1,886 sq ft
    Year built: 1981
    Days on market: 2
     
  12. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    7 beds, 8.0 baths
    Home size: 10,000 sq ft
    Lot size: 19,950 sq ft
    Year built: 2002
    Days on market: 2
     
  13. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    2 beds, 3 full baths
    Home size: 1,769 sq ft
    Year built: 1990
    Parking spots: 3
    Days on market: 5
     
  14. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,507 sq ft
    Year built: 1990
    Days on market: 6
     
  15. 0 medium Brentwood Los Angeles Real Estate Market Report 2011
    3 beds, 2.0 baths
    Home size: 1,124 sq ft
    Year built: 1963
    Parking spots: 2
    Days on market: 6
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Read more: http://www.homejane.com/brentwood-los-angeles-real-estate-market-report-2011.html#ixzz1j7Jkz5Lt

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Wilshire Corridor Condos | 2011 Market Report

The Wilshire Corridor Condo Market report for 2011 is based on units of 2 bedrooms and up, not including penthouses.  This will provide a more realistic picture.  For sales by numbers of bedrooms check out each individual Wilshire Corridor building page over the next few weeks.

Wilshire Corridor

Condo Building
Sold Median Sold Price
Avg. Price Per SF
Avg. DOM+
Active Median Price Avg. Price Per SF Absorption Rate based on 6 months sales
Beverly West*         6 $5,226,000  
The Carlyle** 1 $3,200,000  $905.23  148 6 $2,574,500 $956.03 **
Blair House, 2 $1,254,500 $564.33 35 2 $1,997,500 $896.14 5.88
The Californian 4 $1,800,000 $754.39 185 4 $2,845,000 $1,024.13 10
                 
The Remington 5 $1,350,000 $715.78 73 3 $1,385,000 $679.06 4.82
La Tour 5 $1,750,000 $656.33  51 4 $2,547,000 $807.60 8
The Longford 1  $425,000  $297.83  113 0      Sellers’
Regency Wilshire 1  $950,000  $396.99  99 2 $1,631,500 $531.95 11.76
The Wilshire 4 $1,305,000 $547.09 129 3 $1,650,000 $609.55 4.48
                 
Wilshire House 3 $1,326,000 $464.75 88 5 $2,100,000 $832.49 15.15
Park Wilshire 7 $740,000 $389.28 60 5 $995,000 $389.28 15.15
The Grand 4 $690,000 $405.51 103 1 $895,000 $542.75 6
The Mirabella 5 $1,100,000 $465.37 82 1 $959,000 $465.37 2
                 
The Venezia 1 $1,200,000 $628.93 41  0     Sellers’
Ten Five Sixty 4 $970,00 $551.93 96 5 $1,129,000 $607.59 15.15
Wilshire Manning 1 $1,050,000 $402.61 98 5 $1,250,000 $559.32 30+
The Churchill 3 $444,000 $273.72 100 0     Sellers’
Wilshire Comstock 3 $789,000 $399.36 79 1 $575,000 $385.39 3.03
                 
Wilshire Terrace 3  $2,150,000  $644.73  57 3 $1,100,000 $500.06 6
Crown Towers 6 $427,500 $316.30 82 3 $675,000 $490.06 4.48
Marie Antoinette 6 $444,950 $290.99 88 2 $424,000 $290.61 2.99
The Diplomat 2 $875,000 $414.10 313 1 $799,000  $390.71  N/A
The Dorchester 2  $602,500  $427.91  32 3 $599,000 $427.91 9.09
                 
The Westford 3 $975,000 $443.01 48 0     Sellers’
The Westholme 3  $360,000 $284.97  187 3 $735,000 $411.16 18.75
Wilshire Holmby 6 $464,000 $315.58 39 0 Sellers’ $807.60 8
Wilshire Regent 6 $600,000 $479.52  108        Sellers’
                 
Wilshire Selby E. 2 $425,000 $420.17 265 0      Sellers’
Wilshire Selby W. 0     0       Sellers’
Wilshire Thayer 3  $560,000 $359.44  69 3 $679,000 $462.82 18.75
Wilshire Marquis 7 $420,000 $385.76 90 1 $549,900 $392.79 .08

All information from the CLAW MLS is deemed accurate but is not guaranteed.

Absorption Rate:  6 months = balanced market; Over 6 months = buyers’ market; Under 6 months = sellers’ market

* The Beverly West has just opened its sales office so statistics are not yet applicable for this building.   There is one unit in escrow at a list price of $5,717,250.

** The Carlyle sells in-house also so numbers are not accurately reflected.

Average days on the market are also skewed by the fact that a listing could come on the market, sell quickly and not reflect that some units in the same building have been on the market for two years or more.

However, interpreting the above statistics as best we can the preponderance of Wilshire Corridor condos favor a sellers’ market.

 

Search Wilshire Corridor Condos for Sale

Showing properties 1 - 25 of 91. See more Wilshire Corridor Condos for Sale
(all data current as of 1/6/2012)

  1.  Wilshire Corridor Condo Market Report 2011
    3 beds, 5.0 baths
    Home size: 3,216 sq ft
    Year built: 1958
    Parking spots: 2
    Days on market: 2
     
  2. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,356 sq ft
    Year built: 1964
    Days on market: 3
     
  3. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 2,772 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 3
     
  4. 0 medium Wilshire Corridor Condo Market Report 2011
    3 beds, 4.5 baths
    Home size: 3,535 sq ft
    Year built: 2009
    Parking spots: 2
    Days on market: 3
     
  5. 0 medium Wilshire Corridor Condo Market Report 2011
    4 beds, 4.5 baths
    Home size: 5,383 sq ft
    Year built: 1980
    Parking spots: 3
    Days on market: 3
     
  6. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1.75 baths
    Home size: 1,076 sq ft
    Year built: 1972
    Parking spots: 1
    Days on market: 3
     
  7. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 3.0 baths
    Home size: 2,146 sq ft
    Year built: 1981
    Parking spots: 2
    Days on market: 4
     
  8. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 2.0 baths
    Home size: 893 sq ft
    Year built: 1963
    Parking spots: 1
    Days on market: 6
     
  9. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1.0 baths
    Home size: 753 sq ft
    Year built: 1963
    Days on market: 22
     
  10. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 3.0 baths
    Home size: 2,045 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 23
     
  11. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full baths
    Home size: 1,549 sq ft
    Year built: 1961
    Parking spots: 4
    Days on market: 31
     
  12. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1 full bath
    Home size: 1,401 sq ft
    Lot size: 1.95 ac
    Year built: 1961
    Parking spots: 1
    Days on market: 33
     
  13. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 2 full baths
    Home size: 1,076 sq ft
    Lot size: 17,860 sq ft
    Year built: 1972
    Parking spots: 1
    Days on market: 38
     
  14. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 4.0 baths
    Home size: 2,464 sq ft
    Year built: 1958
    Parking spots: 2
    Days on market: 38
     
  15. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 2,008 sq ft
    Year built: 1989
    Parking spots: 2
    Days on market: 40
     
  16. 0 medium Wilshire Corridor Condo Market Report 2011
    0 beds, 1.0 baths
    Home size: 160 sq ft
    Year built: 1961
    Days on market: 41
     
  17. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,492 sq ft
    Year built: 1961
    Days on market: 41
     
  18. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.0 baths
    Home size: 1,400 sq ft
    Year built: 1978
    Days on market: 44
     
  19. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full, 1 part baths
    Home size: 2,220 sq ft
    Year built: 2001
    Parking spots: 4
    Days on market: 46
     
  20. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 3,000 sq ft
    Year built: 1982
    Days on market: 48
     
  21. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full, 1 part baths
    Home size: 2,640 sq ft
    Year built: 2005
    Parking spots: 2
    Days on market: 53
     
  22. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2.5 baths
    Home size: 2,229 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 53
     
  23. 0 medium Wilshire Corridor Condo Market Report 2011
    2 beds, 2 full baths
    Home size: 1,711 sq ft
    Year built: 1981
    Parking spots: 2
    Days on market: 53
     
  24. 0 medium Wilshire Corridor Condo Market Report 2011
    1 bed, 1.0 baths
    Home size: 1,498 sq ft
    Year built: 1961
    Days on market: 53
     
  25. 0 medium Wilshire Corridor Condo Market Report 2011
    0 beds, 1.0 baths
    Home size: 188 sq ft
    Year built: 1961
    Days on market: 53
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.



Read more: http://www.homejane.com/wilshire-corridor-condo-market-report-2011.html#ixzz1inqO2u7b

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
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Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Santa Monica Housing Market Report - 2011

It is that time of the year again, the beginning of a new one, and time to look back at how the Santa Monica real estate market fared in 2011.

Since Santa Monica is made up of diverse neighborhoods I have split the report into single family by price and condos.

What is Market Absorption?Santa Monica

Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market.

6 months worth of inventory is a balanced market.  Under 6 months is a sellers’ market, and anything over 6 months is a buyers’ market.

So how is the Santa Monica real estate market doing?

Santa Monica Under $2M

Santa Monica $205M

Santa Monica over $5M

Santa Monica Condos

Surprisingly, the under $2M Santa Monica single family home market showing a bigger drop than the higher end homes, although both are showing a larger decrease over 2011.  The median price is down at the lower end, but the sales vs list price is slightly up, indicating that homes priced well are selling close to asking.  Also, with inventory at around 2 months, Santa Monica home sellers should consider this a good time to put their homes on the market.

The higher end market is a buyers’ market

Santa Monica condos are also showing a decrease across the board, number of sales, median price, and sales to list price, but the inventory is low, so if you are thinking of selling a Santa Monica condo  now would be a good time.

Previous Santa Monica Housing Market Reports

Santa Monica Market Report September 2011

Real Estate in Santa Monica Half Yearly Market Report

Santa Monica Real Estate First Quarter 2011  Market Report

Santa Monica1 Santa Monica Real Estate   Market Report 2011

Showing properties 1 - 15 of 69. See more Santa Monica Homes for Sale
(all data current as of 1/4/2012)

  1. 0 medium Santa Monica Real Estate   Market Report 2011
    2 beds, 1.5 baths
    Home size: 1,200 sq ft
    Lot size: 4,500 sq ft
    Year built: 1940
    Parking spots: 4
    Days on market: 7
     
  2. 0 medium Santa Monica Real Estate   Market Report 2011
    5 beds, 6.5 baths
    Home size: 4,211 sq ft
    Lot size: 7,684 sq ft
    Year built: 1932
    Days on market: 13
     
  3. 0 medium Santa Monica Real Estate   Market Report 2011
    4 beds, 3 full, 1 part baths
    Home size: 2,822 sq ft
    Lot size: 4,996 sq ft
    Year built: 1991
    Days on market: 16
     
  4. 0 medium Santa Monica Real Estate   Market Report 2011
    4 beds, 3.5 baths
    Home size: 2,073 sq ft
    Lot size: 5,715 sq ft
    Year built: 1944
    Parking spots: 2
    Days on market: 21
     
  5. 0 medium Santa Monica Real Estate   Market Report 2011
    8 beds, 9.0 baths
    Home size: 6,587 sq ft
    Lot size: 17,480 sq ft
    Year built: 1923
    Days on market: 22
     
  6. 0 medium Santa Monica Real Estate   Market Report 2011
    3 beds, 1.5 baths
    Home size: 2,744 sq ft
    Lot size: 6,499 sq ft
    Year built: 1898
    Days on market: 23
     
  7. 0 medium Santa Monica Real Estate   Market Report 2011
    3 beds, 2.0 baths
    Home size: 1,786 sq ft
    Lot size: 6,250 sq ft
    Year built: 1937
    Days on market: 27
     
  8. 0 medium Santa Monica Real Estate   Market Report 2011
    4 beds, 3.0 baths
    Home size: 2,624 sq ft
    Lot size: 7,500 sq ft
    Year built: 1941
    Days on market: 28
     
  9. 0 medium Santa Monica Real Estate   Market Report 2011
    7 beds, 6.0 baths
    Home size: 2,650 sq ft
    Lot size: 2,503 sq ft
    Year built: 2008
    Days on market: 28
     
  10. 0 medium Santa Monica Real Estate   Market Report 2011
    5 beds, 5.0 baths
    Home size: 4,700 sq ft
    Lot size: 10,018 sq ft
    Year built: 1950
    Parking spots: 2
    Days on market: 34
     
  11. 0 medium Santa Monica Real Estate   Market Report 2011
    3 beds, 2.5 baths
    Lot size: 6,499 sq ft
    Year built: 1905
    Days on market: 34
     
  12. 0 medium Santa Monica Real Estate   Market Report 2011
    3 beds, 3.0 baths
    Home size: 2,434 sq ft
    Lot size: 8,940 sq ft
    Year built: 1928
    Parking spots: 2
    Days on market: 39
     
  13. 0 medium Santa Monica Real Estate   Market Report 2011
    5 beds, 2 full, 1 part baths
    Home size: 2,228 sq ft
    Lot size: 8,336 sq ft
    Year built: 1922
    Parking spots: 7
    Days on market: 45
     
  14. 0 medium Santa Monica Real Estate   Market Report 2011
    4 beds, 3.5 baths
    Home size: 3,059 sq ft
    Lot size: 6,400 sq ft
    Year built: 2008
    Days on market: 48
     
  15. 0 medium Santa Monica Real Estate   Market Report 2011
    3 beds, 2 full, 1 part baths
    Home size: 1,301 sq ft
    Lot size: 7,998 sq ft
    Year built: 1923
    Days on market: 54
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Read more: http://www.homejane.com/santa-monica-real-estate-market-report-2011.html#ixzz1iWJjrEOb

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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Los Angeles Area Housing Market Reports 2011: Beverly Hills

Another year as flown by and it is time to review the 2011 Beverly Hills real estate market.

I have split the 2011 Beverly Hills real estate market report into four section, single family by price breakdown and condos.  I have also shown relevant percentage comparisons with the 2010 statistics.0146 300x225 Beverly Hills Real Real Estate   2011 Market Report And Analysis

What is Market Absorption?

Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market.

6 months worth of inventory is a balanced market.  Under 6 months is a sellers’ market, and anything over 6 months is a buyers’ market.

So let’s take a look:

BH Under 2M Beverly Hills Real Real Estate   2011 Market Report And Analysis

Sales of homes under $2M in Beverly Hills are starting to slow down and edge into a buyers’market although the number of sales over the last three months of this year is up 22% over 2010.

Homes seems to be priced well as the sales to list price is high.

The median price has been increasing over last year by as much as $11.65%

Overall an improvement over 2011

BH 2 5M Beverly Hills Real Real Estate   2011 Market Report And AnalysisThe number of Beverly Hills homes sold between $2-5M have dropped over 2011, and the median price is down by as much as 13%. Although the market is still a sellers’ market as inventory is low.

The Beverly Hills luxury market  is somewhat stagnant.

BH Over 5M Beverly Hills Real Real Estate   2011 Market Report And Analysis

Beverly Hills homes sold over $5M are down from 2011 as is the median price.  Buyers, if you are looking for a Beverly Hills luxury home for sale,  now is the time.  There is plenty of inventory.

BH Condo Beverly Hills Real Real Estate   2011 Market Report And Analysis

The  Beverly Hills condo market  is fairly stable.   Sales over the past three months are down slightly from 2010 but were up over 6 months.  The absorption shows a stable market and the median price is down slightly.  But still a fairly stable stats.

Previous Beverly Hills Market Reports

Beverly Hills Home Sales to Date This Year

Beverly Hills Real Estate – Half Yearly Market Report 2011

Beverly Hills Housing Market Report – February 2011

Buying or Selling a Beverly Hills Home – How did the 2010 Market Do?

Search Beverly Hills Homes for Sale

Showing properties 1 - 15 of 273. See more Beverly Hills Homes for Sale
(all data current as of 12/31/2011)

  1. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    5 beds, 4 full, 1 part baths
    Home size: 3,937 sq ft
    Lot size: 21,026 sq ft
    Year built: 1973
    Parking spots: 2
    Days on market: 2
     
  2. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    3 beds, 2.0 baths
    Home size: 1,614 sq ft
    Lot size: 5,418 sq ft
    Year built: 1923
    Days on market: 4
     
  3. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    4 beds, 5.5 baths
    Home size: 7,224 sq ft
    Lot size: 25,003 sq ft
    Year built: 1988
    Days on market: 5
     
  4. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    2 beds, 1 full, 1 part baths
    Home size: 1,157 sq ft
    Lot size: 636 sq ft
    Year built: 1961
    Parking spots: 2
    Days on market: 11
     
  5. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    4 beds, 4.0 baths
    Home size: 2,605 sq ft
    Lot size: 4,800 sq ft
    Year built: 1926
    Days on market: 12
     
  6. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    4 beds, 2 full, 1 part baths
    Home size: 3,072 sq ft
    Lot size: 15,930 sq ft
    Year built: 1962
    Parking spots: 2
    Days on market: 14
     
  7. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    4 beds, 3.5 baths
    Home size: 3,354 sq ft
    Lot size: 6,250 sq ft
    Year built: 1930
    Days on market: 16
     
  8. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    2 beds, 2 full baths
    Home size: 1,478 sq ft
    Lot size: 23,849 sq ft
    Year built: 1965
    Parking spots: 2
    Days on market: 17
     
  9. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    2 beds, 1 full bath
    Home size: 988 sq ft
    Lot size: 8,589 sq ft
    Year built: 1947
    Parking spots: 2
    Days on market: 17
     
  10. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    2 beds, 2.5 baths
    Home size: 2,035 sq ft
    Year built: 2010
    Days on market: 17
     
  11. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    3 beds, 4.5 baths
    Home size: 3,949 sq ft
    Year built: 2010
    Parking spots: 3
    Days on market: 17
     
  12. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    3 beds, 4.0 baths
    Home size: 2,875 sq ft
    Lot size: 14,300 sq ft
    Year built: 1951
    Days on market: 19
     
  13. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    2 beds, 2.0 baths
    Home size: 1,407 sq ft
    Year built: 1961
    Days on market: 21
     
  14. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    6 beds, 6.5 baths
    Home size: 6,060 sq ft
    Lot size: 18,894 sq ft
    Year built: 1990
    Parking spots: 10
    Days on market: 21
     
  15. 0 medium Beverly Hills Real Real Estate   2011 Market Report And Analysis
    2 beds, 2.0 baths
    Home size: 1,494 sq ft
    Year built: 1989
    Days on market: 22
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.


Read more: http://www.homejane.com/beverly-hills-real-estate-2011-market-repor.html#ixzz1iCqqvXfF

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities

 

 

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