Silver Strand Update

The real estate market has been heating up recently, especially in the Venice and Marina Del Rey area!

What does this mean for you? Whether or not you live in the Silver Strand, the trends we see there have implications that affect real estate trends for the surrounding neighborhoods.

If you are interested in finding out more about Silver Strand market activity, or local trends in any other neighborhood from the Venice Silver Triangle, to the Marina Peninsula, to the Venice Canals, to any other local market, we’d love to hear from you

debraandpat@bermankandel.com    —    310.577.2320

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June 2011/ Local Market Updates

At the end of every month, Berman and Kandel likes to put together a market update for all of the local communities.  Here’s a look at what’s been going on in your neighborhood and around town!

Marina del Rey – Peninsula

June Listings:

  • 3209 Ocean Front        —    $3,150,000
  • 5318 Pacific                    —    $2,675,000
  • 20 Topsail                       —     $2,325,000
  • 27 Quarterdeck             —    $1,925,000
  • 3710 Esplanade            —     $1,800,000
  • 124 Buccaneer               —    $1,695,000
  • 6 Voyage #204              —    $1,499,000
  • 24 Buccaneer #2           —    $1,350,000
  • 24 Buccaneer #1           —    $1,345,000
  • 114 Buccaneer                —    $749,999
  • 4105 Pacific #6              —    $739,000
  • 30 Driftwood #3            —    $719,000
  • 20 Catamaran #304     —    $679,000

June Sales:

  • 14 Ketch #1                      —    $1,100,000*

Year to Date:

  • Listed in 2011                 —     44
  • Sold in 2011                     —    16
  • Currently Listed            —     37

Marina del Rey – Silver Strand

June Listings:

  • 146 Channel Pointe           —    $2,875,000
  • 311 Bora Bora #310          —    $710,000
  • 3722 Via Dolce                   —    $629,000
  • 4200 Via Dolce #134       —    $559,000
  • 311 Bora Bora #306          —    $439,900
  • 4600 Via Dolce #210       —    $439,000

June Sales:

  • 4319 Roma Ct                      —    $1,825,000*
  • 310 Tahiti Way #107       —    $425,000*

Year to Date

  • Listed in 2011                      —     30
  • Sold in 2011                         —      17
  • Currently Listed                 —      24

Playa del Rey – Beach

June Listings:

  • 7301 Vista Del Mar #22   —    $2,175,000
  • 7301 Vista Del Mar #6      —    $1,288,888
  • 7301 Vista Del Mar #37   —    $1,200,000
  • 7301 Vista Del Mar $42   —     $1,199,000

Year to Date

  • Listed in 2011                        —    26
  • Sold in 2011                           —     4
  • Currently Listed                   —     25

Playa del Rey – Bluffs

June Listings

  • 8115 Zitola Terrace            —     $1,675,000
  • 8152 Billowvista                  —     $1,599,000
  • 8307 Zitola Terrace           —     $1,099,000
  • 8211 Billowvista                   —     $875,000
  • 8115 Colegio                          —     $620,000

June Sales

  • 8221 Tuscany                        —     $841,000*
  • 8216 Tuscany                        —     $837,000*
  • 8101 Tuscany                        —     $800,000*
  • 8138 Tuscany                        —     $751,000*
  • 7337 W 85th St                     —     $625,000*

Year to Date

  • Listed in 2011                       —     31
  • Sold in 2011                           —    21
  • Currently Listed                   —    16

Playa Vista

June Listings:

  • 5625 Crescent #221                           —     $725,000
  • 6020 Seabluff #129                            —     $720,000
  • 13173 Pacific Promenade #103    —     $585,000
  • 5935 Playa Vista #109                      —     $549,000
  • 13045 Pacific Promenade #125     —    $525,000
  • 5625 Crescent #110                            —     $479,000
  • 12975 Agustin #417                           —     $449,000
  • 6400 Crescent  #122                          —     $349,000
  • 12975 Agustin #319                           —     $338,400
  • 6400 Crescent #113                           —      $335,000

June Sales:

  • 5739 Dawn Creek                                 —      $875,000*
  • 12975 Agustin #408                          —      $550,000*
  • 13045 Pacific Promenade #136    —       $539,136*
  • 13173 Pacific Promenade #230    —      $529,000*
  • 5400 Playa Vista #6                           —      $516,500*
  • 6400 Crescent Park #224                —       $460,000*

Year to Date:

  • Listed in 2011                                        —       74
  • Sold in 2011                                           —        55
  • Currently Listed                                   —        32

Venice Beach and Canals

June Listings:

  • 480 S Venice Blvd              —     $1,450,000

June Sales

  • 2309 Grand Canal              —     $2,750,000*
  • 412 Sherman Canal            —     $2,250,000*
  • 36 30th Ave                          —     $1,300,000*
  • 2908 Grayson Ave             —     $1,149,000*
  • 3010 Grayson Ave             —     $750,000*
  • 36 Breeze Ave #1                —     $710,000*

Year to Date

  • Listed in 2011                       —     21
  • Sold in 2011                           —     15
  • Currently Listed                   —     13

*Price per MLS data