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Century City, CA Market Report Part #1(2009 summary)

Posted on Jan 6, 2010 by in Active Rain | 0 comments

Enclosed here you will find some very interesting Numbers and Statistics for Century City CA Market Report. I broke the report into two parts so you can look at it in more detail. The numbers are not what I was expecting. One of the most interesting Fingure was the Median Sold Price by Month. Virtually there is no change between December 2008 and December 2009. To me a 2% drop  was a true suprize.. The buyers that bougth properties in March, April and  July were the ones that got some fantastic deals.

 

 

 Equally interesting is the Median Price for Sale vs. Median Sold Price.

As I mentioned above there was only a 2% decline December 2008 vs. December 2009. Not suprizing based on this figure that the Median for Sale price actually increased by 9%. This shows how desirable the Location is to existing buyers even in such uncertain times.

 Just as I noticed in another part of Los Angeles, The activity was much higher then we are accustomed to around the holidays such as November and December.

There was a 156% increase year over year this December. As you can see, since September the volum has really skyrocketed.

 

 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 homes@endrebarath.com  or visit one of my websites at http://www.endrebarath.com  Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.  

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