12/26 - Slight decline for Santa Monica, a little more for Palisades, and a slight increase for Mar Vista, not that I'd expect much of a change over Christmas.
We'll have a lot of year-end wrap-up in the next week or so: large trends over 2008, graphs, and detailed lists.
12/19 - Santa Monica and Mar Vista inventory are down, predominantly withdrawals as you'd expect at the end of the year, but Pacific Palisades is actually up for the week.
Added: Hope you saw SM Distress Monitor's new post about 1337 Maple in Sunset Park selling for $825K. That's a typical lot size, not backing up to apartments, on a quiet street, almost down to $800K.
12/12 - Santa Monica is down slightly <$3M but up overall; Pacific Palisades is down a little; and Mar Vista is down a little, despite a number of Withdrawn listings, but with couple back on the market. A failed escrow at 1213 Oak (2/1.5, $895K) and sale of 2232 21st (2/1, $$1,079K) for $980K further establishes the low end of Sunset Park below $1M.
12/5 - Pretty flat inventory for the week, except Pacific Palisades over $2M is down some. Continuing more Expired and Withdrawn than new sales, including our highlighted 733 20th (3/2 asking $2,099K) and 212 24th (3/3.5 asking $2,795K). The two new Santa Monica escrows were 2407 Ashland (3/2, asking $1,325K) and 1133 Georgina (5/4.5, $5,995K).
LA County Santa Monica Pacific Palisades Mar Vista
<$3M New Tot DOM<$2M New Tot DOM Tot New DOM
-------- ------ -------------- -------------- ----------
1/30/06 27,732
2/28/06 29,420
3/31/06 31,819
5/ 1/06 34,032 38 33
6/ 2/06 37,847 56 36 38
6/30/06 42,317 66 40 49
8/ 4/06 45,315 70 34 50
9/ 1/06 46,781 71 27 59
10/ 6/06 47,369 83 25 98 71
11/ 3/06 45,780 80 20 91 77
12/ 1/06 43,103 65 18 72 96 39 20
1/ 5/07 35,646 54 4 60 117 33 6 71 66
-------- ------ -------------- -------------- ----------
2/ 2/07 36,715 38 15 45 124 29 16 61 71 70
3/ 2/07 41,251 42 14 51 114 26 10 68 79 55 25 76
4/ 6/07 42,857 41 23 49 107 18 8 73 103 54 52 50
5/ 4/07 45,918 46 28 54 92 19 6 82 79 71 37 52
6/ 1/07 52,198 50 25 61 78 17 15 87 78 77 39 53
6/30/07 52,769 42 18 56 81 17 11 92 77 74 33 61
8/ 3/07 54,166 53 28 68 86 23 12 78 76 84 39 68
8/31/07 57,432 57 21 72 98 18 7 69 75 90 40 79
9/28/07 58,973 59 17 74 103 26 9 90 81 87 20 87
11/ 2/07 58,731 62 19 81 120 29 7 106 77 98 35 88
11/30/07 59,108 52 14 67 136 23 11 88 94 96 23 96
12/31/07 53,475 42 5 53 148 19 2 73 119 79 13 116
-------- ------ -------------- -------------- ----------
2/ 1/08 53,722 54 16 67 157 26 16 101 118 89 36 96
2/29/08 53,520 50 10 68 178 29 8 108 108 88 21 103
3/28/08 53,566 57 17 81 171 32 14 122 92 82 22 105
5/ 2/08 54,098 59 14 83 159 35 7 136 93 90 33 96
5/30/08 53,216 56 23 79 147 34 9 142 106 91 29 89
6/27/08 53,058 74 28 98 131 30 6 129 107 96 26 95
8/ 2/08 51,906 66 14 89 125 34 8 120 136 99 35 101
8/29/08 50,124 62 9 79 122 29 5 108 156 91 25 104
10/ 3/08 48,113 58 14 82 145 41 15 128 132 84 24 109
10/31/08 47,017 64 22 90 131 55 18 159 126 83 21 103
11/28/08 45,216 64 12 91 141 54 7 151 124 73 9 130
12/ 5/08 64 2 92 143 53 1 143 129 72 5 126
12/12/08 62 3 93 154 48 2 136 114 70 6 141
12/19/08 54 3 84 159 52 4 138 126 66 8 149
12/26/08 53 3 82 165 49 5 132 129 67 10 139
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