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Mt. Washington Real Estate Erupts No More

By
Real Estate Agent with PLG Estates
Trust

TRUST

Mt. Washington real estate has recently seen an interesting change in the amount of houses for sale. What can it be, you wonder? The answer to this question is the amount of inventory of houses for sale is now shrinking. The community that is sought by many for its renowned elementary school and park like surroundings is not having much turnover and availability of desirable homes is extremely limited.

June has only brought 4 new houses for sale;

$469k,   3+2,  4752  Frieda Dr,  1128 sq. ft. on a 5314 sq. ft. lot
$549k,   2+1,   363  Canyon Vista Dr,  1100 sq. ft on a 4950 sq. ft. lot
$594k,  3+3,   1611 Killarney Ave,   3600 sq. ft. lot
$850k,  3+2,   3744 San Rafael Ave,  1632 sq. ft. on a 13500 sq. ft. lot

These new additions are all regular sales to this exciting community of Northeast Los Angeles. We continue to see fewer bank-owned and short-sale homes enetering the market in the Mt. Washington neighborhood. Home buyers need to be well informed for the range of homes begin with standard to hillside to view properties. As a resident Realtor I can equate the pros and cons assisting the home buyer for each type of home. The neighborhood requires an experienced guide to navigate the values of each home supporting a qualified buyer.

The price per square foot has been inching upwards and stood at $348 for May. The specific street and immediate surroundings is an important factor for appraisal that must also be considered. Homes are also selling for near or at the listed price at this time. My only purpose is to deliver successful results and negotiations is one of my key elements. These factors are not only buyer related but have benefits to the sellers as well for realistic decisions.

Act now and allow me the opportunity to bring you my experience which has its rewards for you. See how easily the right home can be found in Mt. Washington with a Realtor that can guide you to true satisfaction. Obviously you may want to know more on these four homes and others. Check my custom ‘Home Search’ page for pics, community info and more.

No-Obligation No-Committment, plus your privacy is respecte

Michael Delaware
North Sky Realty LLC - Battle Creek, MI
REALTORĀ®, CRS, GRI

Fewer bank owned and short sales is a good thing.  Perhaps they have begun to be bled out in your market area?

Jun 19, 2010 12:39 PM
Raphael Guerin
PLG Estates - Mount Washington, CA

One never knows with the banks...

Jul 24, 2010 08:24 AM