Innovation and strategy are the cornerstones of success for LA natives Claire Burns and Rebecca Davis. Over their 30 years of combined experience, the top-producing duo has earned an impressive list of industry accolades and loyal, repeat clients. The property market in Venice has changed. Once a working-class community that experienced an extraordinary run-up in prices from 2012 through 2019, is taking a pause.
From 2012 to 2019, prices grew by an average of about 17% a year, vastly outpacing price growth in the rest of Los Angeles, according to an analysis. Those trends reversed this past July when price growth across Los Angeles began to outpace price growth in Venice. Throughout the pandemic, while home prices rose in neighborhoods such as Brentwood, Pacific Palisades and the beaches of Malibu, homes over $3 million in Venice have become a tougher sell.
Price paid per square foot for a single-family home in Venice dropped by 5.7% in 2020. By contrast, per-square-foot prices for single-family homes in upscale parts of the Greater Los Angeles area showed an increase of 3.2%.So what's leading the change?
From 2012 to 2019, prices grew by an average of about 17% a year, vastly outpacing price growth in the rest of Los Angeles, according to an analysis. Those trends reversed this past July when price growth across Los Angeles began to outpace price growth in Venice. Throughout the pandemic, while home prices rose in neighborhoods such as Brentwood, Pacific Palisades and the beaches of Malibu, homes over $3 million in Venice have become a tougher sell.
Price paid per square foot for a single-family home in Venice dropped by 5.7% in 2020. By contrast, per-square-foot prices for single-family homes in upscale parts of the Greater Los Angeles area showed an increase of 3.2%.So what's leading the change?
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Innovation and strategy are the cornerstones of success for LA natives Claire Burns and Rebecca Davis.
Over their 30 years of combined experience, the top-producing duo has earned an impressive list of industry accolades and loyal, repeat clients.
Representing buyers and sellers across Los Angeles, Claire has earned the loyalty and respect of her clientele - actors, directors, producers, bankers, writers, business managers and many others at the heart of Southern California's dynamic lifestyle.
Over their 30 years of combined experience, the top-producing duo has earned an impressive list of industry accolades and loyal, repeat clients.
Representing buyers and sellers across Los Angeles, Claire has earned the loyalty and respect of her clientele - actors, directors, producers, bankers, writers, business managers and many others at the heart of Southern California's dynamic lifestyle.
With LA real estate being one of the most competitive markets, it is imperative that you not only find a realtor you feel comfortable with, but also one with extensive knowledge of both the city and your individual needs.
After 2.5yrs of losing bids, my wife and I were introduced to Rebecca and everything immediately changed.
Knowing the challenges of finding a safe neighborhood with good public schools at our price point potentially made us her biggest challenge, but she accepted it with vigor and we landed a home nearly right away.
After 2.5yrs of losing bids, my wife and I were introduced to Rebecca and everything immediately changed.
Knowing the challenges of finding a safe neighborhood with good public schools at our price point potentially made us her biggest challenge, but she accepted it with vigor and we landed a home nearly right away.
No one knows our cities as well as we do.
Browse our comprehensive neighborhood guides to learn about the most desirable places to live.
Mar Vista's mostly quiet residential streets lead to low-key coffee shops, trendy consignment shops.
Over the past several years, a slew of artists, restauranteurs, and designers have entered Venice.
Santa Monica is filled with beautiful people, populated beaches, upscale shopping, and lots of fine dining.
Blending nostalgia with right-now trends, Culver City tugs on the heartstrings and pushes the envelope.
Browse our comprehensive neighborhood guides to learn about the most desirable places to live.
Mar Vista's mostly quiet residential streets lead to low-key coffee shops, trendy consignment shops.
Over the past several years, a slew of artists, restauranteurs, and designers have entered Venice.
Santa Monica is filled with beautiful people, populated beaches, upscale shopping, and lots of fine dining.
Blending nostalgia with right-now trends, Culver City tugs on the heartstrings and pushes the envelope.
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