Remember our discussion of the Venice Canals on September 1st? I wondered what happened to those 9 listings since then, and found a stark answer.
The least-expensive, 226 Carroll Canal (3/2.5, LP=$1,499K, -25% from OLP) is now Looking for Backup as a Short Sale after a 25% reduction. The second-least-expensive, 430 Linnie Canal (3/2.5, $2,299K) sold close to asking for $2,227K on 10/1. One is still available (457 Howland Canal, 4/4, $3,000K, -5%).
But the other 6 are all Expired / Withdrawn. Couldn't sell anything over $2.25M in a prime Westside neighborhood.
Four new listings round out the 5 now available:
2337 Eastern Canal, 1/1.5, $1,699K (-13%), 10/27/08
429 Sherman Canal, 3/3.5, $2,850K (-14%), 10/6/08
416 Linnie Canal, 4/3.5, $2,995K (-3%), 10/2/08
2407 Eastern Canal, 4/3, $3,165K (-6%), 9/10/08
Tuesday, December 16, 2008
Venice canals update
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2 comments:
There is so little activity over there. I wish there were more to report.
Classic.
Now compare this with an article that ran on MSN.com yesterday listing Venice as No. 3 of "5 best suburbs to sell a home"
http://realestate.msn.com/article.aspx?cp-documentid=15784028
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