Listing Your Home

This is Not Your Mother’s Real Estate Market

I admit it. It has been pretty easy to sell real estate in Playa Vista from 2011 to 2017. There are things I would do to prepare properties to show better, create the best leverage, negotiate the best deal, and create the best experience for my clients, but honestly, some sales that were layups that made me look good. Bottom […]

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Supply Coming Back With a Vengeance in Playa Vista. Inventory Mix in LA Fails to Satisfy Buyers

As of this writing, inventory is up significantly in Playa Vista with 31 single family homes and condos on the market. Granted it is late summer when supply tends to peak, but this is a dramatic increase in active listings from the teens, which had been consistent through much of the first half of the […]

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Why January is a Great Time for Sellers and Challenging for Buyers

If you’re a buyer looking to lock up a new place early this year, sorry, I don’t have good news. January has typically been a great month to put a property on the market. As a listing agent, my listing might be the only game in town, so I can usually count on multiple offers and sales […]

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The Calm Before the Storm for Playa Vista Real Estate

Is this the calm before the storm? Late fall and winter 2017 has been one of the slowest stretches in memory for Playa Vista real estate listings. As of today, December 19th there have been four new MLS listings (condo and single family) since November 1st and with the holidays coming, it is unlikely there […]

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Shadow Inventory Watch

Year over year median sold prices for condos in Playa Vista have increased by about 9% from October 2015-October 2016 per Core Logic published statistics. This would indicate to an outside observer that it is still a seller’s market and housing is strong. In analyzing data to look for future market trends, like I often […]

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State of the Playa Vista Market – October 2016

It’s been a wild ride for the housing market over the past 5, 10, 15 years. Whatever time frame you are looking at, there have been very few extended periods of flat housing conditions: 2001-2006: Boom Times – Large price increases due to strong demand, albeit somewhat artificially inflated conditions due to non-existent loan guidelines and […]

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Carabela #131 Open Tuesday 1/12

The new listing in Carabela will be open Tuesday 1/12 from 11:00-2:00 and a twilight from 5:00-7:00 PM.  This is a 2 bedroom, 2.5 bath, den upgraded townhome-style condo offered for $899,000.   Breezy Mediterranean corner unit in the popular Carabela complex. Open concept with masterful integration of living and dining room, bathed in natural light […]

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2016 Will Be The Year The Inventory Returns

For the past 3+ years, the Playa Vista market has been characterized by an extreme lack of inventory. This has been the largest reason prices have increased more than 50% during this time. Bidding wars have led to a “do whatever it takes” mentality, and each time a new, higher priced comp is set. This has […]

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Amazing New Listing in Primera Terra Open Sunday 10/18/2015 from 2:00-5:00

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 12920 Runway Rd. #211 – 3 Bedroom, 2 bathroom, 1,500 sf, listed for $949,000. Stunning and warm, contemporary single-level condo in LEED Platinum Primera Terra. With 3 stories instead of the typical 4, Primera Terra offers more space between floors for noise reduction & units have nearly 10 foot high ceilings. One of the largest […]

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As Market Rebounds, Overpriced Listings Return

We are starting to see a resurgence of overpriced listings, not just in Playa Vista, but everywhere.   Back in the good ol’ days, (2000-2005), people would overprice their homes and buyer’s would get in line to pay.  Who could blame them?  It was what the market would bear.  Buyers who purchased to the end of […]

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