Temple City CA Village Circle Townhomes Market Update 3.23.15
This is a recap of the Village Circle townhome community in the city of Temple City (http://www.ci.temple-city.ca.us/) which is located in the middle of the West San Gabriel Valley of Los Angeles County.
This report will cover statistical information for sales data that has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.
Village Circle is a community of 50 two level townhomes that were built in 1975 and 1976. The townhomes consist of two or three bedrooms and up to two-and-one-half bath with approximate square footages from under 1200 to over 1400 square feet.
There are garages either a two car or a combination of a one car garage with a carport. All have a nice enclosed patio area, some have balconies as well and abundant windows make the units especially light.
The complex is professionally managed and is pleasantly arranged around a well-landscaped loop creating an particularly welcoming feel to community. There is a gated pool, clubhouse and lounge area. There is guest parking throughout the complex.
According to the Arcadia Unified School District(http://site.ausd.net/) boundaries, children in the complex are eligible for attendance in this highly acclaimed school district which is currently ranked within the top ten public school districts per the California State Board of Education.
The central West San Gabriel Valley Temple City location is convenient to multiple freeways as it is convenient to the Foothill(210) and San Bernardino(10) freeways as well as the San Gabriel River(605) Freeway. Shopping and dining can be found in Temple City as well as nearby Arcadia and other communities.
There are no Village Circle townhomes for sale and when properties come on the market for sale, there can be buyers waiting to purchase. So far in 2015, there have been two mls-reported closed transactions. In February a three bedroom floor plan with approximately 1458 square feet closed for $541,500(list price $538,900) in an all cash transaction. Market time for this unit was eight days. Earlier this month, a two bedroom with approximately 1196 square feet sold for $427,000(list price $428,000). It was also an all cash transaction and mls reports the total market time as 22 days.
There were no mls-reported transactions in the complex in 2014. For full year 2013 there was just two mls-reported sales. Both were three bedrooms but different sizes. A unit with approximately 1296 square feet with extensive renovations closed for $440,000(list price $449,000) in an all cash transaction in March of that year. In April 2013, a unit with 1423 square feet(approximately) sold for $418,000(list price $428,000). The home was in good but not upgraded condition and the buyer obtained a mortgage.
If you would like to know more detailed information regarding Village Circle or any Temple CIty or West San Gabriel Valley real estate contact me at 818.516.4393 talk | text. Whether you are a prospective buyer or a homeowner thinking of selling, I look forward to learning what is important to you.
Published: March 23, 2015
Temple City CA Village Circle Townhomes Market Update 3.23.15
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