February Market Update
Posted by Corrie Sommers on Wednesday, March 1, 2023 at 10:33:58 AM
By Corrie Sommers / March 1, 2023
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What is happening in the Los Angeles Estate Market here in February 2023?
We have less than 1.6% of price reductions throughout all of Los Angeles. The sky is not falling, this time is NOT like last time. Here’s the latest on Real Estate here in Los Angeles the last 30 days.
Less homes on the market, demand is slowing as we are seeing length of time on market increasing, what does this mean?
Watch, if the neighborhood your home is in was not mentioned, reach out to me and I can send you details.
$5,100,000
5
Beds
4F11/2
Baths
3,558
Sq.Ft.
2020
Year Built
2
Days on Site
SB23179012MR
MLS
The perfect Santa Barbara Coastal Estate in the heart of the Manhattan Beach Tree Section walking distance to both Pacific Elementary and American Martyrs schools. Inspired by award winning interior...
$6,295,000
5
Beds
4F21/2
Baths
5,708
Sq.Ft.
2023
Year Built
2
Days on Site
SR23181470MR
MLS
World class architecture and design in a world class location. Welcome to 269 S La Peer in Beverly Hills. Over 5,700sqft of meticulous design inside and out, anchored by the exposed steel beams...
$4,999,000
5
Beds
5F11/2
Baths
5,770
Sq.Ft.
2023
Year Built
2
Days on Site
SR23175498MR
MLS
Introducing this newly constructed trophy estate that s situated on a large 10,000+ sf lot in prime Encino. This home seamlessly merges the traditional allure of a farmhouse with the refinement of...
$1,129,000
Condo:
Gentry
2
Beds
3
Baths
1,500
Sq.Ft.
2020
Year Built
3
Days on Site
SR23120485MR
MLS
The Gentry. Newer Building blt,"2020" and the finest Studio City has to offer. Top floor, only one wall connected. A short distance to CBS Studios and the famed Silver Triangle. Luxurious and truly...
5
Beds
6F11/2
Baths
4,179
Sq.Ft.
2023
Year Built
3
Days on Site
23-315339
MLS
Enter this encapsulating new built contemporary farmhouse located in one of Sherman Oaks' most coveted neighborhoods. This corner lot stunner offers a brilliant indoor / outdoor open floor plan,...
$3,995,000
5
Beds
6
Baths
4,816
Sq.Ft.
2020
Year Built
3
Days on Site
23-313261
MLS
Welcome to 11111 Valley Spring Lane exquisitely Rebuilt Modern home in 2020 private and gated with circular driveway situated on 9,050 sqft lot. on a cul-de-sac street. In the highly desirable...
$1,799,000
5
Beds
5F11/2
Baths
4,400
Sq.Ft.
2023
Year Built
4
Days on Site
SR23143570MR
MLS
Attention developers, builders and flippers, here is your opportunity to bring a breathtaking property in the prestigious south of the Blvd neighborhood of Tarzana to the finish line. The impressive...
$6,999,000
5
Beds
7
Baths
7,837
Sq.Ft.
2023
Year Built
4
Days on Site
SR23177906MR
MLS
Nestled in the heart of Tarzana, this exceptional new construction estate offers an unparalleled blend of modern elegance and timeless charm. Situated on a sprawling 31,000+ sf private flag lot, this...
$12,995,000
7
Beds
8F21/2
Baths
12,114
Sq.Ft.
2023
Year Built
4
Days on Site
SR23179659MR
MLS
Experience the perfect blend of breathtaking panoramic views and serene privacy in this exquisite home, perched high in the sky over Malibu and nestled amongst the clouds - a true dream retreat. This...
Open 9/30
$2,150,000
4
Beds
3F11/2
Baths
2,252
Sq.Ft.
2023
Year Built
4
Days on Site
23-312259
MLS
Nestled in a private street along the tree-lined streets of fashion square in Sherman Oaks, Stunning and newly updated to designer level, immediately makes an impression with an elegant stone facade,...
$2,900,000
5
Beds
4
Baths
3,300
Sq.Ft.
2022
Year Built
5
Days on Site
23-314637
MLS
Introducing a masterfully redefined French Tudor residence set amidst a tranquil backdrop. The primary 2,700 sq ft residence boasts 4 expansive bedrooms and 3 immaculate bathrooms. Adjacent, a 600 sq...
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