Tarzana CA Market Snapshot for houses(SFR): October 2015

By
Real Estate Agent with Barcode Properties BRE # 01828994

Wow, the autumn is almost gone and I'm sure many of you are looking forward to the Thanksgiving and Christmas holidays ahead. And some of you still have time to buy or list your home and close the Escrow before the end of 2015:)

Let's see what is going on in housing for SFR in one of my favorite Valley cities: 

Tarzana( #91356,#91357)  

 

 

 

 

Drop in active listings -12.1% and those that are in Escrow(pending) -25%!

October/2015: only 38 houses(sfr) for sale, and only 18 in Escrow.

 

 

 

 

 

While we noticed a nice increase in sold properties: 32( +39.1%!!!)

 

 

 

 

 

 

 

 

Houses are sold faster and with multiple offers:

DOM: 24 (median)= -29.4%!

 

 

 

 

 

 

 

 

 

 

Fortunately, in October we noticed an increase in monthly inventory, it is healthy: 6.1 ( +17.3%!)

 

 

 

 

 

 

 

Median Sales price of the house is:

$781,875 that is a slight drop from a previous month: -12.5%.

And since a property receive on average 4 offers, houses sold very close to asking price ( 97.6%).

Yet, sold a price for SqFt is slightly up:

$371 that is almost +2%.

 

 

 

 

 

 

 

In October only 38 new houses came on the market, same as during a previous month. 

 

 

 

*As your neighbor and real estate agent, I've watched our community blossom into a chic, friendly, and hip area. Over 8 years I've sold home s in Tarzana, Encino, Woodland Hills, and other cities of Los Angeles and Valley. I understand well the in's and out's of buying and selling a home. I can help your move transaction to be effortless. I stand by my clients and help them whenever and where-ever they need my real estate service.

Your Neighbor Realtor,

Inna

Feel free to reach out at any time with any real estate questions or updates, a complementary home evaluation,  or simply to say Hello!

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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 providing great loyal service and truthful guidance!
  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. 

Comments (13)

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

Calabasas always has quite a lot to say and you seem to have made a graph for every bit of it. This is a good thing!

Nov 05, 2015 04:01 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

As I was telling someone earlier, my punctuation might be off tonight because I'm trying something new on my phone. Please bear with me on the comments.

Nov 05, 2015 04:02 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Did I post the Calabasas post on the Tarzana post? Again, this might be my phone acting up. Apologies.

Nov 05, 2015 04:08 PM
Inna Ivchenko

No problem:) 


Laura, you know, you are welcome at my place any time with phone or laptop:) 

Nov 05, 2015 04:16 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Inna. Nice jog with your report, lots of detail and easy to understand for anyone considering buying in the near future.

Nov 05, 2015 05:34 PM
Inna Ivchenko

Thank you, Joe!

Nov 05, 2015 05:37 PM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Friday morning Inna. Very nice job with your report. I noticed that you changed your profile picture. I like it!

Nov 05, 2015 05:53 PM
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Hello Inna-actually I just stopped by to say that your new hairdo and photo are gorgeous!

Nov 05, 2015 07:19 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the ara will appreciate the information.

Nov 05, 2015 08:28 PM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Top of the morning Inna.  I like you sold chart showing steady growth even with the bumps.  Nice job.  I also will comment on your new profile pic.  Hot damn!  At the risk of being too non PC. :-) Make it a great Friday.  Mark

Nov 05, 2015 08:33 PM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

great market report...what an incredible market! ..,and that new haircut is WOW! :)

Nov 05, 2015 10:51 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great market report...you seem to really modify your themes alot more...great job!

Nov 05, 2015 10:57 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Inna,  Great report for buyers and sellers in your area.  Keep up the great work.

Nov 06, 2015 02:52 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Inna Ivchenko 

Some very interesting trends in this report! Great information for buyers and sellers, with you to help them make sense of what it means for them specifically, to get the most out of their purchase or sale.

Jeff

Nov 06, 2015 10:36 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local market update.

Have a most productive November.

Nov 08, 2015 01:23 AM