The Altamuras

Here we are towards the end of August, Summer is winding down and kids are getting ready to start school again. This time of year is also one where the market

tends to slow down as families wrap up their end of the summer trips. A quick look into the Tree Section shows an interesting stat that cannot be overlooked. To start, families who are growing in size typically like to move from the Sand Section towards the Trees. In addition, families that want to move closer to the beach and downtown move West from the other side of Sepulveda. Having said this, North of Valley in the Tree Section has been in a little lull this past season. Part of that is because of price. Doesn’t it always seem to come down to that?!  Recent stats show that number of Tree Section sales for more than $2m, less than 3400 sq. ft., in all of 2011 come out to Two!! Both great houses, in average to above average locations, respectfully. (2100 Pine Ave. and 3005 Poinsettia Ave.). Hopefully this trend doesn’t last for the owners North of Valley in the Tree Section.