The Month So FarPosted on Tuesday, December 11th, 2007 at 6:48am.
To date, among SFRs in our subject region west of Sepulveda, we've seen:
- 3 new listings;
- 3 cancellations;
- 3 price reductions; and
- 1 sale (new escrow).
Naturally we'll provide more detail in the next market update, around this time next week.
The sale was 2413 Elm (pictured), two doors off Marine, last at $1.625m. This one (4br/3ba, 3300 sq. ft.) began at $1.799m in July, and spent the most time at $1.699m. We're told the sellers had previously rejected, in concept, any offer in the $1.5m range. Now they're the highlight of the month, so far.
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