Westside sales, er, not so strong

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Thanks to those who questioned our earlier post on Westside sales, we can now fill in the context, and your suspicions were correct: sales on the Westside, taken in the context of previous springs, were on the soft side. Prices, however, are rising. Some numbers, from Santa Monica realtor Chris Gordon Clark:

Quarter homes sold avg. price
2Q 02 822 $891,000
2Q 03 763 $944,000
2Q 04 725 $1.206 million
2Q 05 641 $1.371 million
2Q 06 604 $1.494 million
2Q 07 570 $1.678 million

We’ll crunch these a bit more later, and update this post, but wanted to get these on the blog as soon as we got them. Thanks, Chris.