Playa Vista Real Estate Insights – 3rd Qtr 2017

by Tami Humphrey and Chad Aronson Hello Neighbors! With this article, we wanted to share how some Playa Vista homeowners are making their space more usable while increasing the value of their property.  We’ve also included market insights based upon the third quarter sales in Playa Vista along with our predictions for the rest of the…

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Playa Vista Prices From the Bottom of the Market to Today

by Tami Humphrey and Chad Aronson 8/14/2017 Since the recession and the resulting bottom of the market in 2011, Playa Vista has seen growth in so many different ways.  Our neighborhood has defined itself as Southern California’s tech and media hub.  But, becoming the epicenter of Silicon Beach is not the only reason our community has…

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Low Inventory, Interest Rates, and the Goldilocks Economy

by Tami Humphrey and Chad Aronson What are the local and national market conditions pushing prices higher in Playa Vista? The average sold price for Playa Vista Phase I Condos and Townhomes has broken the $1,000,000 mark and there are no signs of slowing down.  Low inventory, interest rates, and the local and national economy…

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Playa Vista Two Bedroom Inventory Skyrockets

Q1 2016 – Playa Vista Real Estate Market Report During the first quarter of 2016 (January – March) two bedroom inventory skyrocketed, the first three Skylar resales closed averaging $1000 per square foot and the new Marlowe and Everly homes reduced pricing. With this Playa Vista Q1 2016 market report we’ll go into detail on each…

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Everly at Playa Vista – New Homes for Sale Update

The model homes for Everly at Playa Vista are opening up their doors Saturday November 7th, 2015 at 10am.  I recently had the opportunity to participate in a sneak peak of Everly and to see the pricing for the first phase release. Originally the anticipated pricing for Everly was advertised to start from the mid $1,000,000’s…

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A Mid-Year Review of the Playa Vista Real Estate Market

Playa Vista Real Estate Market Trends – Mid-Year Review 2015 The first six months of 2015 have proven to be exciting and transformative for the Playa Vista community and real estate market.  A combination of changes in our neighborhood have increased the awareness and popularity of Playa Vista which has directly affected real estate values.  Let’s…

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A Change in Playa Vista Inventory Points to Increasing Values

Playa Vista Real Estate Market Trends – May 2015 What can May 2015 tell us about the future Playa Vista real estate market? In the months leading up to May, the number of new Playa Vista listings for sale was very similar to what we saw last year.  The difference, when comparing last year to this…

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Playa Vista Price Per Square Foot Hits an All-time High

Playa Vista Real Estate Market Trends – April 2015 This month we are taking a look at the average price per square foot in Playa Vista versus the peak of 2005 and the bottom in 2011.  We also have included statements form Realtor.com’s Chief Economist, Jonathan Smoke, regarding his thoughts on the possibility of a national real estate bubble….

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