Most of the San Fernando Valley has been riding the real estate roller coaster since August of 2007 and it hasn't been such a great ride for most of the Valley. Our neighbors on both sides have seen price drops year over year. Agoura had a 6.2% drop in the price per square foot and Woodland Hills had a 5% drop in the price per square foot from December 2009 to December 2010.
Calabasas real estate has managed to hold its own during 2010, even gain a little bit increasing 4.6% from an average of $322 per square foot in December of 2009 to $344 per square foot in December of 2010.
Comments(1)