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Better Late Than Never

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Two properties that have been on the market much longer than average finally received accepted offers this week. 10450 Holman Ave LA CA 90024 was originally listed 10/25/2007 for $1,599,000 and has been on the market for 161 days. The property received one price reduction of 3.1% on 2/05/2008 down to its current asking price of $1,550,000.

The 2nd property, 10362 Louisiana Ave LA CA 90025 has been an active listing veteran, originally listed on 4/23/2007. Yes thats right, its been almost a year since its list date. The days on market totaled 329 days. The current asking price is $1,450,000 and the property never receieved a price reduction during its listing period. Hopefully the owners were not in any hurry to sell this property.