Valley Village CA Homes Sold on First Quarter 2015

By
Real Estate Agent with Home Smart Evergreen Realty Calbre Lic 01200694

VALLEY VILLAGE CA HOME SALES STATISTICS FOR FIRST QUARTER 2015

 In the First quarter (01/01/2015 to 03/31/2015) 30 homes were sold. The Minimum Listing Price $339,000 and Selling Price was $450,000 with 2 bedrooms, 1 baths, 1126 square feet house, 5949 sq ft lot.

Maximum Listing Price $2,395,000 and Selling Price $2,395,000 with 5 bedrooms, 6 baths, 5003 sq ft home, 12,603 sq ft lot, and 616 days on market.

 Average Listing Price $879,195 and Selling Price $882,250 with 3 bedrooms, 2 baths, 2038 sq ft home 7879 sq ft lot and 78 days on market.  

From all the sales, 6 were in the price range of 600K to 700K and 10 sales on the 700K to 800K;  Also  2 of the sales were short sales 1 on probate and the rest were standard sales.

 MORTGAGES AND INTEREST RATE

 

 Conventional Loan 30 year fixed it at 4.250% with a 5% down payment for purchases with no Private mortgage Insurance. Fha Loans at 4.00% 30 year fixed with 3.5% down payment

 There is a 100% loan available for low and medium income families with NO Private Mortgage Insurance.  VA Loans are for Veterans, it is a 100% loan, with NO Private Mortgage Insurance.

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Comments (1)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

That's a sizable number of homes relative to my expectation of the particular area of California.

Jul 01, 2015 03:32 PM