Los Angeles Real Estate is it a Sellers’ Market?

Originally posted on March 23, 2012

You are thinking of selling a Los Angeles home and are interested in finding out if your area is a seller’s or buyers’ market.

Regardless of whether or not you are in a sellers’ market look at the comps and price your home accordingly.

Now is the Time to Sell your Los Angeles Home, Los Angeles Real Estate

As a Los Angeles home seller your Realtor® will check out the comps in your area and let you know where to price your home.  No matter whether a sellers’ or a buyers’ market you will need to price your home at or very near the market price.  If your home is good value then you will end up with multiple offers, a good place to be.  If you overprice it you will end up with the house remaining on the market and ending up as a statistic.

Here are some Los Angeles home sellers’ markets:

Beverly Hills single family homes under $5 million.
Beverly Hills condos under $1 million .
Brentwood single family homes under $1 million.
Culver City – all markets.
Downtown Los Angeles condos under $500,000.
Santa Monica:
90402:   Single family homes
90403:   Single family homes and condos
90404:   Condos
90405:   Single family homes and condos
Westwood single family homes under $5 million 
Westwood condos under $1 million
Beverly Center | Miracle Mile
 both single family and condo
Beverlywood:  both single family and condo
Cheviot Hills | Rancho Park: single family (not a condo market)
Hollywood:  single family
Hollywood Hills East:  single family and condo
Hollywood Hills West | Sunset Strip:  condos
Los Feliz | Atwater Village:  single family homes and condos
Marina Del Rey:  condos
Pacific Palisades:  single family homes
Palms and Mar Vista:  single family homes and condos
Playa Del Rey:  single family homes and condos
Playa Vista:  single family homes and condos
Studio City:  single family homes and condos
Venice:  single family homes
West L.A.:  single family homes
Westchester:  single family homes and condos

There may be some fluctuation in this, depending on the higher price ranges but overall, the above areas reflect a Los Angeles home sellers‘ market.

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

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