Gillette Regent Square

Of all the property in Santa Monica, the Gillette Regent Square is one of the most expensive and sought after. King Camp Gillette of Gillette Razor fame, was the person responsible for developing this tract of land. Generally speaking, lots here are 150 ft deep, and 60 ft wide, as opposed to others North of Montana that are 50 ft wide. That makes these Santa Monica lots some of the biggest, at an average whopping 9000 square feet of land.

The boundaries to Gillette Regents Square are North of Montana, South of San Vicente, and between 17th and 21st Place streets.

In 2008, very few properties sold. Here’s an MLS market analysis that you can’t get anywhere but here and from your Santa Monica real estate agent.

Gillette Regent Square 2008 Market Data

Let’s compare year to date as of this writing, December 1, 2009 –

Gillette Regent Square 2009 to Dec 1, 2009

I think it interesting to see that fewer properties sold in 2009, for lower than list price, and that days on market more than doubled. Average sold price from 2008 to 2009 is off by $600,000!

In today’s market, if you have a home for sale in Santa Monica, or any Westside property, you need to price it right. You should speak with your trusted Santa Monica real estate agent, WestsideDB for more information about how to properly price your home if you truly want to sell. Visit whatsmywestsidehomeworth.com in order to get a free market analysis of your home’s value.

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