Archive for the ‘Community Stats’ Category
Pacific Palisades Real Estate Market: April 2012 Update
by Hugh Evans on May 4, 2012This month’s PT Market Stats are now available. Major indicators continue to confirm the improvement in the real estate market on the Westside, including Pacific Palisades.
Comparing this year’s activity to last in Pacific Palisades, the number of properties currently under contract and pending are up over 15%. In addition, the numbers of homes on the market are down over 22% which ultimately will lead to an upward pressure in values.
Pacific Palisades Real Estate Market: March 2012 Update
by Hugh Evans on April 19, 2012The PT Market Stats for this month indicate that the real estate market is continuing to improve on the Westside, especially in Pacific Palisades. Currently…Read more »
Pacific Palisades Real Estate Statistics: Early 2012 Update
by Hugh Evans on March 2, 2012This month’s PT Market Stats are in and all major indicators show that the market is continuing to improve, especially in Pacific Palisades.
Currently there is a lower supply of inventory in comparison with last year, and the average sold price of homes has risen 11.45%.
Pacific Palisades Real Estate Statistics: Year End Market Update
by Hugh Evans on January 10, 2012This month’s PT Market Stats include a year end, 6 month comparison. Major indicators for the upper and Westside markets are again looking very positive, particularly in Pacific Palisades.
Comparing the last 6 months activity to the first half of the year, property sales are up. Currently there is a lower supply of inventory in comparison with the first 6 months of the year and listed properties are spending 23.68% less time on the market.
Pacific Palisades Real Estate Statistics: Fall Market Update
by Hugh Evans on November 10, 2011Here are the Pacific Palisades Real Estate Statistics.
Pacific Palisades Real Estate Statistics: Palisades Market Activity Update
by Hugh Evans on October 6, 2011This month’s PT Market Stats are now available. Major indicators for the upper end Westside markets are looking very positive, particularly Pacific Palisades. Comparing this year’s activity to the Palisades last year, we find that both property sales and pending sales are up. Currently there is a lower supply of inventory, in comparison to last year, and listed properties are spending 38.24% less time on the market.
Westside Los Angeles Real Estate Market Activity Update
by Hugh Evans on December 21, 2010Real Estate Market Activity Update for Single Family Homes in Los Angeles (Brentwood), Bel Air, Pacific Palisades and Santa Monica.
Pacific Palisades November Real Estate Market Update
by Hugh Evans on November 18, 2010There are presently 40 active listings in Pacific Palisades priced between $3,000,000 – $10,000,000. Nineteen (19) of these homes, have been active less than 60 days. The average days on market (DOM) for all active homes in this price range is 96.
Mortgage Interest Rates Hit Historically Record Lows
by Hugh Evans on November 12, 2010In an economy that seems to waffle steadily between doom and gloom, there appears to be a light at the end of the tunnel, due in part to the Fed’s latest quantitative easing plan (QE2) that is anticipated to invigorate our countries ever so lethargic housing market and encourage American’s to do more spending.
Real Estate Market Update for Pacific Palisades, Los Angeles (Brentwood), Malibu and Santa Monica
by Hugh Evans on September 15, 2010Well as it stands, not much has changed in the market …yet. With the Market Action Index that shows whether it’s a Buyer’s or Seller’s market. The Index below 30 in all of the four zip codes below, we are clearly locked into a competitive Buyer’s Market.



