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Market Update | August 2024 | Playa Vista

08/19/2024

Dear Neighbor:

Playa Vista real estate has seen a lot of activity within 2024, both with single-family homes and condos. More specifically, there’s a notable increase in Phase 1 condo sales year over year.

I believe the anticipated interest rate reduction is already impacting buyers and playing a role in the interest we’re seeing. There’s typically a nice push in sales this time of year as we head into the Fall and buyers look to get settled, so if you’re considering a potential sale of your property (or a new purchase), it’s worth us having a conversation to discuss your goals and timing.

An extremely noteworthy and impactful topic that also deserves discussion is the new NAR settlement regarding real estate commissions. There is a lot to know whether you’re a seller and/or a buyer, and I’m happy to talk you through these specifics so you’re prepared.

Over the years, I’ve had the pleasure of representing a multitude of Playa Vista’s finest properties and advising sellers and buyers through various markets and trends.

I look forward to speaking further on the phone or in person, and you can always find more details on my website as well at www.JoshGoldsteinLA.com

All Playa Vista residents enjoy access to the local Beach Shuttle, and the proximity to LAX, Marina del Rey, etc. The highly rated Playa Vista Elementary School is also located within Playa Vista, although admission to the school should be verified before buying or leasing in the community.