Monday, October 15, 2007

Not selling in Ocean Park

To complete the trio, here is the third mid-month list of everything in Ocean Park over 30 days on the market (9/15 previous). None added, none into escrow, most reduced prices a little, it's a really stuck market here. Expect more next month.

718 Marine St. (photo, left), 1 bed/1 bath, $799K LP, 5/25/07 LD (red. 8%)
724 Navy St., 2/1.5, $879K, 5/6/07 (red. 7%)
2614 2nd St., 3/1.75, $1,339K, 8/28/06 (red. 10%)
2613 5th St., 3/2, $1,395K, 6/1/07 (red. 7%)
2327 5th St., 2/1, $1,499K, 7/13/07 (red. 6%)
213 Pacific, 3/2, $1,549K, 8/1/07
716 Marine St. (photo, right), 4/2.75, $1,599K, 4/20/07 (red. 9%)
2912 2nd St., 2/1, $1,600K, 12/29/06 (incr. 10%!)
2404 2nd St., 2/2.75, $1,999K, 6/21/07 (red. 11%)
2219 Ocean Ave., 3/3, $3,300K, 9/20/05

Removed listings: (none)

1 comment:

Price Stout said...

nice job

this is my 'hood, so I can proudly say, these prices remain hilarious.

I'm not even one the hardline bubble zealots claiming prices will drop to 1995 prices or anything, but I think five years from now we'll still be able to look back and laugh at the asking prices for some of these beach shacks in 2006-2007.