Century City,CA. Midyear Market Report
I have been very busy during the month of June; hence my perception was that the Market has been very active. Instead of going by perception let us look at the facts.
January February March April May June
Active: 289 295 294 306 315 313
Pending: 35 10 38 50 54 50
Accepting Backups 14 20 25 30 38 27
Sold 13 14 20 19 27 42
It is very encouraging to see these statistics, in light of the fact, that I just finished looking at the Marina Del Rey as well as the Play Vista figures. They all are along the same line.
The Active listings show minor increases, never the less increases from January to June. There has been a consistent increase just like in the Pending numbers there has been a 142% increase. Just as the Accepting Backup Offers has had a 192% increase. These are truly amazing figures. If you read the Los Angeles Times you would not get these statistics. The media mentioned a small indication, that there has been a positive activity in the Real Estate Market, not what the true figures show which was as a phenomenal increase. The sales are out of this world an unimaginable 323 % increase over January.
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 EndreBarath@TheMLS.Com or visit one of my websites at http://www.endrebarath.com