We all love Holidays and enjoy time with our families and friends, but now, when our favorite Holidays are over, let's look at Encino real estate in December 2015.
As expected, the housing inventory in Encino city slightly decreased in December
( see below interactive live charts for houses and condos that are updated with the latest data).
There were 5 months supply of houses for sale, and only 2 months supply of condos.
Condos were about 23 days on market (DOM), and houses only 17 days (median).
NEW: 31 houses(SFR) and 14 condos were listed in December.
36 houses(SFR) and 21 condos were SOLD, that was much less than during a previous month.
Median price per square foot in last month of 2015:
SFR= $452 (+4.9%)
Condo= $302 (+15.7%).
Median Sales Price:
SFR= $1,002,500;
Condo= $390,000.
Overall, Encino CA housing market remain healthy and housing of this city remain strong. Even despite holidays housing prices slightly increased, likely because there was less homes for sale and multiple offers.
Median Percent of last list price in Encino is 97.8%.
Encino Homes For Sale (SFR DECEMBER 2015): 160 = - 24.2%
Encino Condos For Sale ( DECEMBER 2015): 29 = - 40.8%
Encino Closed Sales (SFR DECEMBER 2015): 36 = - 12.2%
Encino Closed Sales ( DECEMBER 2015): 21 = - 16.0%
* When it comes to buying or selling a home, the majority agree they need a Realtor to negotiate a good price and better terms of sale. Don't choose just any Realtor! I take will help you every step of the way including:
- Preparing your property for sale process
- Determining comparable sales
- Effectively marketing your property
- Increasing your ROI (return on investment)
- Negotiating the terms of sale
Do you know what your condo or house is worth?
Call me to find out today!
Your Encino Neighbor Realtor,
Inna
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