Thursday, January 1, 2009

Beverly Hills Meltdowns

1102 Rexford Dr #203, 90212
3+3, 1697 sqft, Sold for $819K on 10/17/08, $482/sqft

1102 Rexford Dr #303, 90212
3+3, 1697 sqft, Sold for $900K on 5/15/08, $530/sqft


Same unit, 1 floor lower, Sold for $81,000 (-9.0%) less in 5 months. Annual Rate of Decline (ARD) = -21.2%

1 comment:

latesummer2009 said...

Latest from Melissa Data for January, 2009 (YOY)


90210
Total Sales Volume $10,062,000 (-68.2%)
Average Sales Price $1,767,000 (-57.9%)


Market Leader #5 to the downside...