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October 2009 Condominium Market Report for Century City/Westwood ,CA

Posted on Nov 14, 2009 by in Active Rain | 0 comments

I have been so consumed by three different transactions, that I just did not have any time for  publishing the Market Report for Century City/ Westwood for the month of October. Late as it may be here it is. To make up for the lateness I have made  the following changes  for added value. Let me know what you think:

 

Monthly Statistics – Condo – October 2009

 

Sales Volume

No.

Area

Oct 2008

Oct 2009

Sep 2009

2009 To Date

2008 To Date

SP/LP

SP/OLP

5

Westwood – Century City

$40,822,452

$22,288,936

$30,308,750

$203,683,363

$288,943,465

95.46%

91.60%


 

Sales Volume

No.

Area

Oct 2008

Oct 2009

Sep 2009

2009 To Date

2008 To Date

SP/LP

SP/OLP

All Selected Areas

$40,822,452

$22,288,936

$30,308,750

$203,683,363

$288,943,465

95.46%

91.60%


 

 

Median Sales Price

No.

Area

Oct 2008

Oct 2009

Sep 2009

2009 To Date

2008 To Date

5

Westwood – Century City

$665,000

$610,000

$645,000

$625,000

$675,000

 

Number of Listings and Days on Market

  

#Sold

#New

#A

#B

#P

#E

#W

No.

Area

%

Mth

Dom

Ytd

Dom

%

Mth

Ytd

Ytd

Dom

Mth

Dom

Mth

Dom

Mth

Dom

Mth

Dom

5

Westwood – Centu

12.09

33

75

273

86

11.47

82

715

395

149

35

79

23

71

73

220

44

121


 

Number of Listings and Days on Market

  

#Sold

#New

#A

#B

#P

#E

#W

No.

Area

%

Mth

Dom

Ytd

Dom

%

Mth

Ytd

Ytd

Dom

Mth

Dom

Mth

Dom

Mth

Dom

Mth

Dom

All Selected Areas

12.09

33

75

273

86

11.47

82

715

395

149

35

79

23

71

73

220

44

121


 

 

I find the numbers are very interesting and telling. My first impression is the Price Drop for starters is very interesting month over month as well as year over year. Also interesting is the  sales volume month over month as well as comparing it to year over year.

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  Your Pet Friendly Realtor. I contribute a portion of My commission to Local Animal Rescue Organizations.

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