Woodland Hills CA Market Update: November, 2017

By
Real Estate Agent with Barcode Properties BRE # 01828994

Woodland Hills CA Market Update: November, 2017

 

The days got shorter, the weather's getting colder, and S.F. Valley's real estate market is slowing down. November has come to a close, and the seasonal slowdown for Woodland Hills real estate continues.

Currently, in Woodland Hills, CA ( according to themls.com), there are 187 homes (SFR) and 35 condos for buyers to choose from. On average, it takes 1 months to negotiate the final terms of the offer for either house or condo. Supply shortage has been an ongoing issue in the California housing market in the last few years, and the problem has gotten worse.

 

To review the home sales in Woodland Hills CA in Novermber 2017 check out the following statistics:

House Market (Single Family Residences):

  • Median Days-On-Market: 48
  • Median Sales Price: $755,000 
  • Number of Monthly Sales: 65
  • Average Sales Price /List Price Ratio: 98.86%
  • Highest Priced Sale: $2,300,000 
  • Lowest Priced Sale: $485,000 
  • For Sale: 187 sfr were active and 26 sfr were looking for backup 34 sfr were under contract, pending
  •  Median Price/Sq.ft $ for Sold $407 
  • Months Supply is up: 5

Condo real estate, sold in November 2017:

  • Median Sales Price: $400,000 
  • Number of Monthly Sales: 20 condos
  • Average Sales Price /List Price Ratio: 98.61%
  • Highest Priced Sale: $575,000
  • Lowest Priced Sale: $262,000
  • For Sale:  35 condos that were active and 8 condos were looking for backup 9 condos were under contract, pending
  •  Median Price/Sq.ft $ for Sold $396 for condos
  • Months Supply: 3

 

So there, you have it. The market is slowing down, and it happens every season around the Holidays. However, 2018 buyers and sellers do not be wait till spring. The market will be up again just in a few months, remember, you'll have more competition.

If you’re a home-buyer looking to snag a deal before the market heats back up again in February, now’s your time to get started. Or, if you’re thinking that selling your place might be one of your goals for 2018, let’s start planning now so that you’re well prepared. 

Call, text or email me for a specific property report, I'll provide the most accurate information to you fast and free!   For more detailed information about the Woodland Hills Real Estate market, or your free no obligation consultation on selling or buying a house, contact me at (310) 867-0698 or inna@barcodeproperties.com.   

☎️ I appreciate the opportunity to assist you! 

Many thanks for checking my blog, your likes, comments, and your business!

💡Hey, did you know we also have market data for each Los Angeles and San Fernando Valley neighborhood? What is a neighborhood you are interested in? 

Posted by

This Active Rain post is created by Inna Ivchenko.

Thank you so much for checking my blog,  likes and comments! 

 Inna Ivchenko Realtor                                              

Inna Ivchenko
RealtorⓇ, Cal DRE # 01828994, GRI, GREEN, PSC, HAFA 
Barcode Properties at Calabasas & Beverly Hills
Looking for houses? Download my app! 
http://app.barcodeproperties.com/BCODEINNA/
OR by text  📲  Bcodeinna to 87778! 

It is free to search a property for sale, lease, and open houses. It is easy to set a customized search criteria and contact me in this application! 

Reasons to HIRE ME: 

  1. Your local friendly Realtor® since 2007!
  2. Ready to assist you with a Purchase, Sale & ReSale, Trust Sale, Luxury Rentals.
  3. Devoted to help first time buyers, sellers, and investors.
  4. Experienced in distressed sales, foreclosures, auctions, probates.
  5. Standing up as GRI NAR designated (Graduate of Realtors Institute)
  6. Passionate GREEN Realtor, NAR designated
  7. PSC (Pre-foreclosure Specialist Certification) 
  8. Cerified HAFA Specialist 
  9. Short Sale Negotiator (100% successful track record and free service for homeowners).

For all your real estate needs please call 310-867-0698 or

email  Inna@barcodeproperties.com. 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Los Angeles County Woodland Hills
Tags:
how much my woodland hills house worth
how much my woodland hills condo worth
market update woodland hills
november woodland hills ca market housing update
housing market trends woodland hills ca

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
3,708,204
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Dec 07, 2017 02:26 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,213,619

Inna Ivchenko

Realtor® • Green • GRI • HAFA • PSC Los Angeles CA
Ask me a question
*
*
*
*
Spam prevention

Additional Information