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  • February 2, 2009 at 3:04 PM #340555
    CA renter
    Participant

    Here in North County, I am finally starting to see some real price movement, too, especially in the past three months or so.

    We’ll see how that spring selling season goes. Sales have been pretty strong, all things considered, but I think that is 100% due to the falling prices.

    We’ve been tracking various zips in North County and following some mid-high end zips in L.A. for years. The high end is definitely cracking.

    February 2, 2009 at 4:09 PM #340067
    JAS
    Participant

    I live in the Valley (Sherman Oaks) up in LA. While prices have come down quite a bit, it still seems prices are 20-25% overpriced.

    Here are two examples of 2bedroom condo sales history/current asking from Redfin:

    4425 Whitsett Ave #208 – Studio City, CA
    Jan 31, 2009 Listed $479,000
    Oct 08, 2004 Sold $392,000
    Nov 06, 2000 Sold $174,000

    4189 Vineland Ave #122 – Studio City, CA
    Dec 03, 2008 Listed $465,000
    Sep 21, 2000 Sold $158,000
    Oct 13, 1993 Sold $103,000

    February 2, 2009 at 4:09 PM #340392
    JAS
    Participant

    I live in the Valley (Sherman Oaks) up in LA. While prices have come down quite a bit, it still seems prices are 20-25% overpriced.

    Here are two examples of 2bedroom condo sales history/current asking from Redfin:

    4425 Whitsett Ave #208 – Studio City, CA
    Jan 31, 2009 Listed $479,000
    Oct 08, 2004 Sold $392,000
    Nov 06, 2000 Sold $174,000

    4189 Vineland Ave #122 – Studio City, CA
    Dec 03, 2008 Listed $465,000
    Sep 21, 2000 Sold $158,000
    Oct 13, 1993 Sold $103,000

    February 2, 2009 at 4:09 PM #340489
    JAS
    Participant

    I live in the Valley (Sherman Oaks) up in LA. While prices have come down quite a bit, it still seems prices are 20-25% overpriced.

    Here are two examples of 2bedroom condo sales history/current asking from Redfin:

    4425 Whitsett Ave #208 – Studio City, CA
    Jan 31, 2009 Listed $479,000
    Oct 08, 2004 Sold $392,000
    Nov 06, 2000 Sold $174,000

    4189 Vineland Ave #122 – Studio City, CA
    Dec 03, 2008 Listed $465,000
    Sep 21, 2000 Sold $158,000
    Oct 13, 1993 Sold $103,000

    February 2, 2009 at 4:09 PM #340518
    JAS
    Participant

    I live in the Valley (Sherman Oaks) up in LA. While prices have come down quite a bit, it still seems prices are 20-25% overpriced.

    Here are two examples of 2bedroom condo sales history/current asking from Redfin:

    4425 Whitsett Ave #208 – Studio City, CA
    Jan 31, 2009 Listed $479,000
    Oct 08, 2004 Sold $392,000
    Nov 06, 2000 Sold $174,000

    4189 Vineland Ave #122 – Studio City, CA
    Dec 03, 2008 Listed $465,000
    Sep 21, 2000 Sold $158,000
    Oct 13, 1993 Sold $103,000

    February 2, 2009 at 4:09 PM #340610
    JAS
    Participant

    I live in the Valley (Sherman Oaks) up in LA. While prices have come down quite a bit, it still seems prices are 20-25% overpriced.

    Here are two examples of 2bedroom condo sales history/current asking from Redfin:

    4425 Whitsett Ave #208 – Studio City, CA
    Jan 31, 2009 Listed $479,000
    Oct 08, 2004 Sold $392,000
    Nov 06, 2000 Sold $174,000

    4189 Vineland Ave #122 – Studio City, CA
    Dec 03, 2008 Listed $465,000
    Sep 21, 2000 Sold $158,000
    Oct 13, 1993 Sold $103,000

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