One of the properties in Brookfield’s recently-opened Marlowe development in Playa Vista (credit: Eric Figge)
In Playa Vista, 26 condos sold in the first quarter for more than $500,000, up from 18 in the fourth quarter of 2015, according to a report by the Agency.
The units sold for an average of $1.1 million, roughly in line with the previous quarter’s figure. The average per-square-foot price was $661, up from $644 in the previous quarter.
As of April 2016, there were 10 luxury units listed for an average of $962,500, and $656 a square foot.