Currently there are 73 (down 19%) Active Single Family Homes Listed for Sale in the Porter Ranch community North of Rinaldi. There are currently 44 (up 32%) Homes In Escrow. The inventory breaks down as such:
-----------ACTIVE--------IN ESCROW
400K-500K - - - 0 - - - - - 5
501K-600K - - - 8 - - - - - 7
601K-700K - - -17 - - - - 11
701K-800K - - -13 - - - - 16
801K-900K - - - 6 - - - - - 0
901K-1MIL - - - 6 - - - - - 0
Over 1MIL - - -16 - - - - - 4
The biggest difference in price points is between the 700K -800K where as last months inventory was at 32 compared to this months at 13. The Average List price of the 44 homes currently in escrow is $738K with 61 days on the market. This information is very positive as Supply & Demand is shifting a bit. Feel free to call me on my cell at 818.438.2684
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