Market Report on Whittwood Homes for Sale in Whittier, California - March 11, 2010
This Market Report is for the Whittier, California neighborhood known as Whittwood. Here is information about Whittwood homes for sale, as well as homes that have sold in Whittwood.
First, let me tell you what part of Whittier I am talking about. The Whittwood area is bordered on the west by Colima Road, on the north by Whittier Boulevard, on the east by First Avenue and on the south by Lambert Road. Basically, the Whittwood neighborhood is centered around the Whittwood Town Center, south of Whittier Boulevard. All homes referenced in this article are within this Whittwood neighborhood.
This Market Report on Whittwood Homes for Sale will focus on Single Family Residences in this Whittier, California neighborhood.
As of today, there are 4 Single Family Residences for sale in the Whittwood area.
Ten homes are currently in escrow.
Two homes were sold during the month of February.
The average home in Whittwood that sold in February took 33 days to sell.
The average home sale price was $370,000, or an average cost per square foot of $239.02.
Over the past six months, 15 homes were sold in Whittwood, with an average sale price of $374,300, a cost per square foot of $268.89, and 57 days to sell.
It would take 2 months, at the current rate of sales, for all the current Whittwood homes on the market to sell.
A Sellers' Market is when there is less than 5 months of supply. Whittwood is currently in a strong Sellers' Market. This Sellers' Market actually applies to all homes for sale in Whittier, CA that are priced under $500,000. Whittier homes for sale that are priced above $500,000 are more plentiful; and the higher the price, the more advantageous it is for the buyer being able to have more leverage and less competition from other buyers.
If you own a home in Whittwood, it is a very good time to sell. Demand is high, and there are lots of buyers in this price range looking for their first home.
Below are details of Whittwood Home Sales over the past year.
______________________________________________________________________________
Do you have a friend who would like to receive a copy of this report? Have them call (888) 695-7510, ext. 212 for a Free Recorded Message, or go to the website, http://www.whittwoodhomesales.com.
-- Blog End --
_____________________________________________________________________________________________________
About the author: The above article was provided by Bob Willis, a locally recognized Realtor®.
If you like my blog, make sure you subscribe to my RSS feed to get the latest Whittier real estate news.
For Home Buyers, see this website to start searching for your home.
I help home owners in the following towns in the greater Whittier area: La Habra, La Habra Heights, La Mirada, Norwalk, Santa Fe Springs, Covina and West Covina.
Comments (0)Subscribe to CommentsComment