Real Estate Realities

BHPO MARKET UPDATE

2012-01-25T17:26:00.000-08:00

These are the latest sold homes in the Beverly Hills Post Office (BHPO) area. Sales are from Decemeber 1 to December 31, 2011. This information comes from the CLAW MLS, and is deemed accurate, but is not guaranteed.

I’d like to clarify that this is a list of recently sold homes in BHPO, and not my own recent activity (that information is available on my website at www.MontoyaProperties.com).

I hope this data is useful. If you have any questions about this information, or any real estate-related needs, feel free to call me at 310-403-4004, or send me an e-mail at Maria@MontoyaProperties.com.

Sales In Beverly Hills Post Office

Zip Code 90210

December 2011

ADDRESS	BEDS	BATHS	SQ. FT.	LOT SIZE	SOLD PRICE	DATE SOLD
137 S. WETHERLY DR	3	2	1605	6,250	$850,000	12/31/11
9152 JANICE PL	8	10	8520	37,500	$5,030,000	12/30/11
9152 JANICE PL	8	10	8520	37,500	$5,030,000	12/30/11
9767 BLANTYRE DR	4	3	2110	20,470	$1,105,600	12/29/11
2750 BENEDICT CANYON	4	3		65,514	$2,137,500	12/27/11
2172 COLDWATER CANYON	3	3	3317	108,900	$1,500,000	12/23/11
2011 BENEDICT CANYON	3	3	3077	6,647	$1,390,000	12/22/11
1504 SCHUYLER RD	4	3	3216	15,050	$1,960,000	12/22/11
3267 HUTTON DR	5	7	7075	15,820	$3,420,000	12/21/11
9817 HYTHE CT	6	6.5	5758	27,320	$2,850,000	12/16/11
1681 SUMMITRIDGE DR	4	7	3982	35,284	$3,725,000	12/16/11
34 Beverly Park Crl.	7	9	12310	52,707	$13,450,000	12/13/11
9830 BEESON DR	6	5	3801	12,501	$1,813,000	12/1/11

Recent Sales in Sherman Oaks

2012-01-24T11:25:00.001-08:00

Here's a list of homes that sold in Sherman Oaks from December 1 - December 31, 2011. The holidays were pretty busy, with 25 single family homes closing during the month...and that's not counting the condo sales.

Recent Sales in Sherman Oaks

Single Family Homes

Address	Beds	Baths	Sq. Ft.	Lot Size	Date Sold	Sold Price
4915 Fulton Avenue	4	3	2612	6,138	12/30/11	$667,000
5416 Ventura Canyon Ave	3	2	1599	5,491	12/30/11	$545,000
4217 Beverly Glen Blvd	3	2	1669	6,207	12/30/11	$692,000
4207 Murietta Ave	5	5	4328	6,996	12/29/11	$1,665,000
4846 Longridge Avenue	3	2	1950	6,875	12/28/11	$600,000
14848 Greenleaf Street	5	4	3554	15,000	12/27/11	$850,000
4656 Greenbush Avenue	4	2	2526	7,140	12/23/11	$550,000
3775 Sheridge Dr	3	2	2480	17,685	12/20/11	$1,380,000
14253 Weddington Street	3	3	1990	7,300	12/19/11	$605,000
4814 Norwich Ave	3	2.5	2266	6,750	12/16/11	$759,500
13812 Davana Ter	5	5.5	6325	10,820	12/14/11	$1,950,000
3532 Beverly Glen	3	3	1953	18,620	12/13/11	$847,500
4118 Stansbury Avenue	5	5	4685	13,072	12/13/11	$1,965,000
4100 Witzel Drive	3	3	2486	6,520	12/12/11	$729,800
3581 Valley Meadow Road	4	4	3893	13,961	12/12/11	$1,339,000
3827 Stone Canyon Avenue	3	3	2284	13,301	12/9/11	$940,000
15281 Valley Vista	2	2.5	2010	13,760	12/9/11	$648,000
3997 Witzel Dr	4	4	2505	10,380	12/8/11	$837,000
13513 Cheltenham Drive	3	4	2165	6,520	12/8/11	$635,000
15230 Greenleaf Street	4	4	3539	7,296	12/7/11	$685,000
4101 Knobhill Dr	3	2.5	1816	6,242	12/7/11	$749,000
14738 Addison Street	4	3	2160	6,750	12/6/11	$535,000
4236 Sherman Oaks Ave	3	3	2700	10,267	12/6/11	$1,335,000
3783 Whitespeak Dr	3	3.5	3700	14,140	12/2/11	$1,700,000
3757 Woodcliff Rd	3	3	2295	11,300	12/1/11	$795,000

This information comes from the CLAW MLS, and is deemed accurate, but is not guaranteed. I'd like to clarify that this is a list of recently sold homes in Sherman Oaks, and not of my own recent activity (access to that information is available on my website at www.MontoyaProperties.com).

I hope you find this data useful. If you have any questions about this information, or any real estate-related needs, feel free to call me at 310-403-4004, or send an e-mail at Maria@MontyaProperties.com

Studio City Sales For December 2011

2012-01-23T11:18:00.000-08:00

It's a widely held belief that real estate sales slow down during the holidays. Not so in Studio City, where 26 homes closed escrow during the month of December. Here's a list of what sold between December 1 - December 31, 2011.

Recent Sales in Studio City

Zip Code 91604

ADDRESS	BEDS	BATHS	SQ. FT.	DATE SOLD	SOLD PRICE
3658 WOODHILL CANYON RD	5	6	6000	12/30/11	$2,950,000
4450 BEEMAN AVE	3	2	1633	12/30/11	$730,000
4445 COLFAX AVE	3	2	1900	12/28/11	$678,000
11678 PICTURESQUE DR	2	1.5	1200	12/26/11	$465,000
3865 Buena Park Drive	4	5	3995	12/23/11	$695,000
12315 Landale Street	3	4	2872	12/27/11	$895,000
4343 BEEMAN AVE	5	5	3769	12/22/11	$1,265,000
12333 SARAH ST	3	3	2014	12/28/11	$793,000
3477 WRIGHTWOOD DR	3	2.5	2688	12/19/11	$1,075,000
4259 Fair Avenue	2	2	1314	12/20/11	$600,000
3866 Berry Drive	2	3	1552	12/19/11	$650,000
4016 Goodland Avenue	4	3	3677	12/19/11	$1,250,000
3533 Laurel Canyon Boulevard	3	3	2630	12/17/11	$569,000
4211 Teesdale Avenue	3	2	1224	12/19/11	$610,000
4181 Elmer Avenue	3	2	1409	12/21/11	$820,000
12449 SARAH ST	3	2	2057	12/13/11	$740,000
13058 BLOOMFIELD ST	4	3	2600	12/13/11	$940,000
3164 DONA CONCHITA PL	3	2	2116	12/9/11	$915,000
12515 MILBANK ST	3	2	1633	12/9/11	$740,000
4330 Bellaire Avenue	2	2	1463	12/9/11	$450,000
12337 MILBANK ST	5	5.5	3800	12/9/11	$1,550,000
4141 Mary Ellen Avenue	3	2	1992	12/8/11	$907,500
4297 Klump Avenue	3	2	1414	12/8/11	$627,900
11254 Dilling Street	3	3	1918	12/12/11	$865,000
4323 Saint Clair Avenue	2	1	1295	12/1/11	$605,000
10955 WRIGHTWOOD LN	4	3.5	3000	12/2/11	$1,430,000

This information comes from CLAW MLS, and is deemed accurate, but is not guaranteed. I'd like to clarify that this is a list of recently sold homes in Studio City, and not my own recent activity (if you want to that, just visit my website at www.MontoyaProperties.com).

If you have any questions about this information, or any real estate-related needs, feel free to call me at 310-403-4004, or send me an e-mail at Maria@MontoyaProperties.com.

Tiger Woods' ex decides to make a fresh start with residence, too

2012-01-07T16:12:00.001-08:00

Tiger Woods' ex decides to make a fresh start with residence, too

http://bit.ly/xsPTlm

I just found a property and wanted to share it with you!

2012-01-05T21:48:00.000-08:00

I just found a property and wanted to share it with you!

How To Sell A "Hard To Sell" House

2011-10-03T09:43:00.000-07:00

The real estate market's been tough lately, but even in a hot seller’s market, not every home sells. Some properties languish on the market – racking up 90, 120,even 200 or more “days onmarket.” More often than not, the issue is price: the house is simply overpriced for the current market conditions. While pricingis the most common reason why homes don’t sell, it’s notthe only one. Sometimes, it can beless expensive to address other things before changing the list price – and agood Listing Agent’s goal is to net the Sellers the most money possible ontheir property.

If a property isn’t getting offers, you need totake a serious look at the situation and figure out what’s going on. Potential culprits could be neighborhood conditions (close proximity of high voltage power lines, neighbors who don’tkeep up their yards, etc) or geologic or natural hazard issues (being on a major earthquake fault zone or flood plain). These problems can often only be addressed via price. Other issues could include interior problems such as clutter, cooking odors orpoor staging, structural issues, or showing difficulties (sellershanging around during showings, or an overly restrictive showingschedule); bad feng shui, poormarketing, or a myriad of other issues, some of which can be changed and someof which cannot.

if you have a home on the market that's not selling, ask yourself these three questions:

Are there showings? Do cars pull up and drive byrather than having its occupants get out to see the property? If theyaren’t getting out of the car at all, we have a big problem! Could be time make some seriousmodifications and up the curb appeal.
Are there only a few showings? If it’s fewerthan 3-5 showings per week, we need to find out why and discover a way bringthose buyers in.
Are there plenty of showings but no offers? If that’sthe case, pricing or condition is probably the reason. Perhaps only smalltweaks are needed to get a market value offer!

If your home isn’t selling, it’s helpful to take inthe feedback (assuming some has been provided), take the time to understandcurrent market conditions so you don’t over price, and make sure thatthe property has great marketing, access, and appeal. Find outwhat’s scaring buyers off and if possible, correct that first. Sometimes it’shard to hear negative feedback about your landscaping, decor, or whatever itmay be, but working with a good real estate professional is like working withother professionals on your team – they need to be able to tell you the truth,even if it’s not fun to hear. Make sure you welcome the feedback, thenyou’ll be able to take the necessary steps to correct the situation.

2011-09-06T08:51:00.001-07:00

http://bit.ly/oRNsdL

Here's what sold in BHPO last month...

BHPO Market Update - August 2011

2011-09-05T11:41:00.000-07:00

These are the latest sold homes in the Beverly Hills Post Office (BHPO) area. Sales are from August 1 to August 31, 2011. This information comes from the CLAW MLS, and is deemed accurate, but is not guaranteed.

I’d like to clarify that this is a list of recently sold homes in BHPO, and not my own recent activity (that information is available on my website at www.MontoyaProperties.com).

Sales In Beverly Hills Post Office

Zip Code 90210
August 2011

ADDRESS	Beds	Baths	Sq. Ft.	Lot Size	Sold Price	DateSold
1500 BENEDICT CYN	2	3	1359	14,370	$680,000	8/25/11
10216 CIELO DR	3	2.75	2247	20,910	$1,236,000	8/24/11
9141 LEANDER PL	3	3.5	3004	12,200	$1,700,000	8/23/11
9908 LANCER CT	2	3	2642	11,180	$1,425,000	8/12/11
2620 WALLINGFORD DR	5	4.5	4000	90,604	$2,985,000	8/12/11
9620 CEDARBROOK DR	6	7	4706	41,686	$4,500,000	8/10/11
3111 HUTTON DR	4	4	3511	12,327	$1,865,000	8/9/11
2711 BOWMONT DR	5	6	5192	69,260	$2,750,000	8/5/11
8908 ALTO CEDRO DR	4	4.5	3254	13,230	$1,826,000	8/4/11
1721 N BEVERLY DR	4	3.5	2250	16,164	$920,000	8/4/11
9991 LIEBE DR	6	4.5	4099	63,598	$2,200,000	8/3/11