PACOIMA HOMES SOLD IN 2015
207 homes were sold in 2015. The Minimum Listing Price $154,900, Selling Price $165,000, house with 1 bedroom, 1 bath, 616 square feet home, and 2,016 sq ft lot.
Maximum Listing Price $557,000, Selling Price $555,000, house with 6 bedrooms, 4 baths, 2,166 sq ft home, 8416 sq ft lot, and 311 days on market.
Average Listing Price $353,698, Selling Price $353,867 house with 3 bedrooms, 1.8 baths, 1,317 sq ft home, 10,132 sq ft lot and 48 days on market.
31 sales were in the price range of 200K to 300K and 132 on the 300K to 400K, and 31 on the 400K to 500K From all the sales 9 homes were bank owned aka reo, 15 homes short sales, 11 homes on probate, 3 homes were on auction, 10 homes had notice of default, and the rest were standard sales.
MORTGAGES AND INTEREST RATE
Conventional Loans as well as Fha loans started in January 2015 at 3% , ending at about 4.1%. Conventional loans start with 5% down payment, while Fha require a 3.5%.
There is a 100% loan available for low and medium income families with NO Private Mortgage Insurance. VA Loans are for Veterans, it is a 100% loan, with NO Private Mortgage Insurance.
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