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ABBOT KINNEY FESTIVAL THIS SUNDAY
REGISTER NOW TO PARTICIPATE IN THE GREAT LA SHAKEOUT EARTHQUAKE DRILL ON 11/13
VENICE REAL ESTATE MARKET UPDATE AUGUST 2008 VENICE SALES
HOW DOES THIS COMPARE ??? August showed a dramatic decline in the number of properties sold in Venice as compared with a year ago. However, the average sales price and the average price per square foot remained fairly stable. The Multiple Listing Service Venice inventory is still very high with 83 active single family homes for sale as of August 26th ... down five from a month ago. The average days on market for the current listings has decreased to 73 days as compared to 80 days a month ago. So far in 2008, 99 single family homes have sold (average days on market was 64 days ... a little less than last month); 22 are in escrow (average days on market was 77) and 129 listings have been taken off the market without selling (average days on market was 111).
For a look of all of the Venice property sales by month since 1999, visit my web site at http://venicebeachliving.com/sa/index.html. 2347 EASTERN CANAL . VENICE FABULOUS ARTIST'S RETREAT !!! OPEN SUNDAY, SEPTEMBER 28TH ... 2:00 - 5:00 PM This charming 1929 Spanish bungalow provides a pleasant contrast to its dramatic detached three-level studio! The one bedroom, one bath bungalow is warm and inviting with wonderful original arched doors and windows opening up to an unsurpassed view of both Eastern and Linnie Canals. Inside you'll find white tile floors throughout, an updated kitchen with vintage stove plus a beautiful garden-view bath overlooking a very private courtyard that separates the cottage from the studio. Built in 1982, the second structure on this property houses a double garage, spacious darkroom, second-level gallery with stunning 3/4 bath, and a third-level loft overlooking the space below. There is a loading pulley system from the gallery to transport large canvases/art pieces. Exclusively offered for sale ... $1,965,000. Bungalow: Approximately 800 s/f ... Built in 1929 Click Here to View the Property Web Site !!! 806 MARCO PLACE . VENICE SOLD ... In Escrow the First Week !!!
FABULOUS VENICE WALK STREET HIDE-A-WAY !!! 40 23RD AVENUE . VENICE LEASED !!!
CHEERFUL BEACH BUNGALOW !!! FAST FACTS California median home price - July 08: $350,760 (Source: CAR) California highest median home price by CAR region July 08: Santa Barbara So Coast $940,000 (Source: CAR) California lowest median home price by CAR region July 08: High Desert $177,330 (Source: CAR) California First-time Buyer Affordability Index - Second Quarter 08: 48 percent (Source: CAR) Mortgage rates - week ending 9/18/08 Please keep me in mind when you have family, friends or associates who are Thanks ... CJ
CJ COLE Phone: 310.823.3129 . 310.503.4834 |
