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Palms Condo for Sale | 11077 Palms Blvd Los Angeles 90034

November 19, 2012 By Leave a Comment

This Palms condo for sale at 11077 Palms Blvd. is a great buy in a great area at a great price. Palms is a much sought-after area south of Rancho Park and east of Mar Vista.  A mix of single family homes, condos and apartment buildings, Palms is still one of the more affordable areas of Los Angeles to live with a median condo price of around $362,500, and homes with a median around $640,000.  There are good schools in the area, and this particular property has a very good Walk Score of … [Read more...]

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Coming Soon. Palms Condo For Sale

October 29, 2012 By Leave a Comment

I am pleased to offer a heads up on a  Palms condo for sale,  which will be available for viewing on November 18th.  There are presently only 7 condos being offered for sale in the area, and this is a rare find in the sought-after, and still affordable Los Angeles neighborhood of Palms. This is a Frank Lloyd Wright-inspired, 12 unit, 3 story condo building with four units per floor.  The unit available is a bright penthouse, 1,442 sq. ft., with 2 bedrooms, 2 baths, and a loft. There are … [Read more...]

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Palms Real Estate | Market Overview

October 26, 2012 By Leave a Comment

It's been a while since we checked in on Palms  real estate in the city of Los Angeles. Palms is a great neighborhood in which to consider buying a home.  It provides easy access to the ocean, Los Angeles International Airport, Culver City, and Westwood, home of UCLA.  Homes are among the more affordable in Los Angeles, with a great school in Clover Avenue Elementary School, a National Blue Ribbon School. September 2012 Palms Single Family Market … [Read more...]

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Palms | Mar Vista Market Report 2011

March 1, 2012 By Leave a Comment

Let's check in on the  Palms and Mar Vista real estate market and see how it did in 2011. The MLS/CLAW covers both areas together, so the report below will combine them. Absorption rate is the number of months it will take the current inventory to sell, based on the average number of homes sold each month.  Sixmonths is a balanced market, above six months favors buyers and below six months favors sellers. Primarily a single family market, the Palms and Mar Vista is heavily a seller's … [Read more...]

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Palms|Mar Vista Housing Market Report, November 2011

November 20, 2011 By Leave a Comment

It's time to take a look at the Palms|Mar Vista housing market.  In our local MLS the two areas are joined and splitting them would not show an accurate picture. The important figures to look at here are the number of homes sold per month and the existing inventory.  If there is more than six months' worth of inventory this designates a buyers' market, less than six months a sellers' market and around six months it balanced. Median shows the middle price range, i.e. half the homes sold … [Read more...]

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Palms and Mar Vista Real Estate Market Trends – May 2010

May 19, 2010 By Leave a Comment

The Palms and Mar Vista real estate market report below shows the market absorption trend for single family homes. What is an absorption rate?  This shows the rate at which inventory is being sold and is calculated by the number of homes on the market divided by the number sold in a month.  This helps in determining the pricing of homes being put on the market and what kind of market it is.  If you have a 10 month selling cycle and want to sell in 5 months you would need to price … [Read more...]

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