NORTH HOLLYWOOD HOME SALES STATISTICS FOR NOVEMBER 2015
In November only 32 homes were sold. The Minimum Listing Price $320,000 and Selling Price was $320,000 with 2 bedrooms, 1 baths, 838 square feet house, 5,353 sq ft lot, and 2 days on market.
Maximum Listing Price $1,195,000 and Selling Price $1,175,000 with 5 bedrooms, 4 baths, 2,618 sq ft home, 13,605 sq ft lot, and 249 days on market.
Average Listing Price $553,412 and Selling Price $552,446 with 3 bedrooms, 1.94 baths, 1,590 sq ft home 7,392 sq ft lot and 60 days on market.
From all the sales, 12 were in the price range of 400K to 500K and 9 sales on the 500K to 600K; Also 2 of the sales were short sales with notice of default, 1 was a home on probate, 3 were bank owned homes aka foreclosures and the rest were standard sales.
MORTGAGES AND INTEREST RATE
Conventional Loan 30 year fixed it at 4.1250% with a 5% down payment for purchases with no Private mortgage Insurance. Fha Loans at 3.875% for a 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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