Mar Vista indicator

Like we just did for Gillette Regent Square, let's look for price trends in a tract of similar (to each other) houses in Mar Vista, all originally built 1946-47 according to the Assessor. The "ladder" of six streets north of Palms, south of Rose, west of Colonial, and east of Stewart seems a good candidate: the 124xx-126xx block of Indianapolis, Brooklake, Everglade, Woodbine, Appleton, and Preston.

The $760K sale of 12424 Woodbine and long wait to sell 12618 Appleton does suggest the low end has fallen from 2007's $790K, similar to the easing in adjacent Sunset Park. Also, there are both significantly fewer listings and sales this year.

Current Listings

12501 Everglade, 2 bed/1.75 bath, LP=$899K (-3% from OLP), LD=8/7/08

Pending Sale

12618 Appleton, 3/2, $799K (-6%), 3/4/08, CD=8/1/08
12513 Appleton, 2/1, $799K, 6/11/08, 7/29/08

Sold 2008

12424 Woodbine, 3/1, LP=$799K (-4%), LD=10/18/07, SD=3/7/08, SP=$760K (-5% from LP)
12425 Brooklake, 4/2, $879K (-7%), 12/2/07, 4/17/08, $860K (-2%)
12619 Indianapolis, 4/3, $1,525K, 6/6/08, 7/24/08, $1,505K (-1%)

Sold 2007

12600 Woodbine, 3/1, $849K, 4/26/07, 6/12/07, $790K (-7%)
12624 Brooklake, 3/1, $765K, 1/07, 2/13/07, $800K (+5%)
12421 Preston, 2/1, $885K, 5/8/07, 6/15/07, $873K (-1%)
12566 Woodbine, 3/2, $999K, 11/3/06, 3/20/07, $935K (-6%)
12530 Appleton, 3/2, $1,050K, 1/07, 3/27/07, $1,030K (-2%)
12525 Everglade, 3/2, $995K, 7/25/07, 9/5/07, $1,065K (+7%)
12518 Everglade, 3/1.75, $1,199K (-4%), 5/17/07, 9/21/07, $1,195K
12519 Preston, 4/3.75, $1,550K, 6/25/07, 8/23/07, $1,400K (-10%)

Sold 2006

12600 Appleton, 2/1, na, na, 11/17/06, $699K

Acronyms: List Price; Original List Price; Listing Date; Contract Date (into escrow); Sale Date; Sale Price