Real Estate Market Report:
Lake Balboa CA ~ Nov/2013
***Monthly Statistics ~ Single Family ~ November 2013***
Median Sales Price
| Nov 2012 | Nov 2013 | Oct 2013 | 2013 To Date | 2012 To Date |
| $285,000 | $365,000 | $466,000 | $441,500 | $335,000 |
***Monthly Statistics ~ Condo ~ November 2013***
Median Sales Price
| Nov 2012 | Nov 2013 | Oct 2013 | 2013 To Date | 2012 To Date |
| $0 | $0 | $275,000 | $301,950 | $183,000 |
Lake Balboa's home resale inventories increased( see all MLS charts below). We see much less distressed properties, such as foreclosure or short sales. The median listing price in Lake Balboa went up and as you see for the first time in many months the median sold price went down. So RE Market is seeing a light slowdown. Yet, houses are sold faster in November( see DOM chart), most properties received multiple offers.
Tip for Sellers: There is extremely low inventory of condos and townhouses. The demand is very high!
Requet a FREE Market Analysis of your Lake Balboa home to find out current market value.
Or, click http://innaivchenko.com to see all available homes for sale in Lake Balboa or any other neighborhood.
Whether you are looking to buy a home in Lake Balboa and surrounding area or thinking about selling, I would appreciate the opportunity to assist you.
Call me or email. Let's start now!
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