March Sales Data for Single Family Homes + Analysis
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*The most expensive listing sold in March for $18 million, reduced significantly from its original listing price in July 2009 of $29.9 million. This 8 bedroom, 11 bath mansion sits on more 4 acres in BHPO. Even this remarkable estate shows that now is the time to buy for a steal of a deal.
*Sales were up significantly in the month of March. A large jump up in the Manhattan Beach area, but still down 50% from 2007 and the height of the market. Significant upward sales trends also in Westchester, Venice, Mar Vista, and Pacific Palisades, but again much smaller numbers than 2005 and 2007.
By John Skinner
