There's a flipside to the burgeoning inventory west of Sepulveda – some quick sales this year, too.
Some are quite impressive.
For a while everyone was talking about the quick sale at
1413 Pine, priced below $1.4m.
Next came
3113 Laurel, a resale of a newer home priced over $2m.
Most recently, it's
2603 Palm, a
$3m…
There's a flipside to the burgeoning inventory west of Sepulveda – some quick sales this year, too.
Some are quite impressive.
For a while everyone was talking about the quick sale at
1413 Pine, priced below $1.4m.
Next came
3113 Laurel, a resale of a newer home priced over $2m.
Most recently, it's
2603 Palm, a
$3m listing, which now has a deal.
(Pictured; see our mid-January MB Market Update for a writeup on Palm.) All 3 listings had logged 3 or fewer weeks on the market – all of those DOM coming pre-Super-Bowl. Pine ran less than one week, and Laurel ran just about 2 weeks.
In addition,
1609 Oak made a deal at about the 3 week mark. Recently, some longer-term listings,
3004 Oak and
2204 Ardmore, also made deals.
(Click any highlighted address for pics & details via Redfin.)There were only 3 sales in the Hill & Sand sections combined in January, and just one more sale of an SFR in either region since then (
332 20th in the Sand).
But the Trees are busy with both new listings and sales. Those coming out in the days to come are sure hoping they can be like the fresh listings that have come before – quick and done.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 18th, 2024 at 8:40pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.