Granada Hills CA Home Sales Statistics For August 2016

By
Real Estate Agent with Keller Williams Porter Ranch Calbre Lic 01200694

 

GRANADA HILLS CA REAL ESTATE MARKET UPDATE FOR AUGUST VS JULY 2016

 48 homes were sold in August compared to 40 in July. The Minimum Listing Price decreased to $310,00 vs $479,000 previous month, same thing happened on the Selling Price $300,000 v$407,000, same with 3 bedrooms, 2 baths, 1,080 vs 1,482 square feet house, 6180 vs 5,098 sq ft lot.d 3 days on market.

 Maximum Listing Price $999,950 vs $1,499,000, Selling Price $925,000 vs $1,475,000 with 5 vs 8 bedrooms, 4 vs 5 baths, 3,993 vs 4,937 sq ft home, 54,224 vs 106,247 sq ft lot, and 140 vs 347 days on the market.

 Average Listing Price $596,065 vs $693,219,  Selling Price $594,281 vs $675,132 with 4 vs 4 bedrooms, 2.44 vs 2.75 baths, 1,869 vs 2,046 sq ft home, 10,804 vs 13,966 sq ft lot and 43 vs 59 days on the market.  

2 vs 3 sales were in the price range of 400K to 500K, 11 vs 17 on the 500K to 600K range, and 16 vs 7 on the 600K to 700K. From all the sales 1 vs 2 homes were on short sale, and the rest were standard sales.

 

MORTGAGES AND INTEREST RATE

 Conventional loan 30 year fixed it's at 3.625%, with a 5% down payment for purchases with private mortgage insurance included. Fha loans rate is at 3.5% fixed for 30 years and requires a 3.5% of the purchas price as down payment.

 There is a Veterans mortgage loan which is a 100% and doesn't have private mortgage insurance.

 

THINGS TO DO IN LOS ANGELES CA IN SEPTEMBER  2016

 Roof Top Film Club

Outdoor Movie Nights       Paley-Fest-Fall-Tv-Previews    Shoreline-Jam-Music-Festival 

    

Curious about your Home Value? : www.findoutyourhomevalue.com

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Ambassador
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Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
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It's nice to see that like there were lots of happy new home owners last month. Thanks for keeping us informed and up to date.

Aug 13, 2016 01:37 AM #1
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Alberto Pacheco

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