Homes have declined in value all over the LA area. The figures below represent the zip code that is of interest to you.
The average Single Family Residende has gone down about 25% - down from about $750/sqft to $600/Sqft.
The average condo/Townhome has declined about 20% - down from $480/sqft to $400/sqft
You identify yourself as a home buyer, so know that this is a very good time to buy. Please feel free to Contact me if you are interested in receiving up to date data on home buyin and selling for your particular area of interest.
Home Sales Pro
http://www.dqnews.com. There might be some information here as well. Generally Speaking single family homes appreciate better then other types of property.
-The interest rates are approximately 4.5%
- Prospective buyers showing confidence in the housing market
- Majority of properties selling standard sales
-More buyer demand than housing inventory prices increase
Contact local Realtor will give monthly appreciation for condos or homes monthly.
Gail Mercedes Cole
We are in a different age under different circumstance. Purchase a property that you feel you and your family will enjoy for years to come as a Home not an Investment. The days of appreciation are basically over, at least for the next several years. There are little pockets in certain areas of our country that were hardly affected and there are certain areas that are appreciating, at least for the time being. - Best wishes- Rudi
As a general rule, SFR perform better than condo's ,due to the lack of HOA fees, and since the land appreciates, there is more land when you purchase a home, vs a condo.
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills East
9388 Santa Monica Blvd, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0670 fax ATT: RJ
RichardKas@gmail.com - http://www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting
If you are trying to decide whether to buy a condo or SFR then you should ask yourself what are your needs and kind of life style you are looking for?
If you are trying to see what will appreciate more in the future based on the past then the answer should be IF YOU BUY RIGHT, MONEY WILL BE MADE ON A CONDO OR HOUSE.
Although 90024 has only few thousands condos and houses combine, location is very important factor in price and you should consult with a professional who is very familiar with the area. The price per square foot between certain streets is much higher then others. Certain buildings are much more expensive then others, etc.
I LIVE IN 90024 and very familiar with the area. I will be able to help you find your perfect home.
If you are serious, Call me to arrange a meeting (310)717-4409.
Los Angeles is a unique real estate environment. National and county-wide news sources are slow and do not accurately represent what is happening in Los Angeles, neighborhood by neighborhood. We use Altos Market Research to monitor the market on a weekly basis, and send the charts directly to our clients. Our Los Angeles Statistics are updated every few days â€“ to keep you up to date. Our statistics are free and easy, so you can be â€œin the knowâ€ with absolutely no risk.
Access the most recent report here:
If you need a more detailed report, I offer a more detailed 11 page report tailored more directly to your needs. In addition, I am happy to give you a no obligation consultation to help you interpret the information.
The Bremner Group at Coldwell Banker
REALTOR, 00588885, ABR, CDPE, eAgent, CSP, SFR, HRC, CRE
(O) 310-571-1364 DIRECT
Homes as well as condos have not really appreciated much in the last few years. Although the Westwood area has not been hit as hard as others, they have seen a slight decline. I hope this answers your question. Let me know if I can be of any assistance.
Keller Williams Realty Beverly Hills
I can help you with this & send you the data.
#1 Listing and Selling Agent
Keller Williams Westside.