Northridge CA Homes Sold in 2015

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

NORTHRIDGE CA HOME SALES STATISTICS FOR 2016

 791 homes were sold  in 2015, The Minimum Listing Price $260,000 and Selling Price was $290,000 with 4 bedrooms, 2 baths, 1,212 square feet house, and 7,379 sq ft lot, and 31 day on the market.

 Maximum Listing Price $1,599,999 and Selling Price $1,575,000 with 8 bedrooms, 7 baths, 7,007 sq ft home, 17,691 sq ft lot, and 465 days on market.

 Average Listing Price $75,122, Selling Price $667,337 with 4 bedrooms, 2.8 baths, 2,303 sq ft home, 11,509 sq ft lot and 56 days on market.

 141 sales were in the price range of 400K to 500K, 165 in the 500K to 600K, and 176 on the 600K to 700K. From all the sales there was 9 homes on probate and 47 homes on short sale with notice of default or auction, 8 homes were in foreclosure process, 23 homes were bank owned homes and the rest stadard.

 MORTGAGES AND INTEREST RATES

 Conventional Loan 30 year fixed was at 3% in January and ended up at 4.125%, and the Fha also started at 3% and ended up at 4.250%. Conventional loan requires minimum 3% down payment, and Fha 3.5%.

Loan for veterans aks VA Loans don't require a down payment and have no Private Mortgage Insurance.

 WEBSITES

 Peach is the next big social website

 

Curios about your home value?  www.findoutyourhomevalue.com

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Topic:
Real Estate Market Trends
Location:
California Los Angeles County Northridge
Tags:
northridge bank owned homes
northridge probate homes
northridge short sale homes
northridge notice of defaults

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Rainmaker
530,874
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Alberto,
It sounds like the Northridge market had a good year. I hope that continues through 2016.

Jan 16, 2016 03:46 AM #1
Rainmaker
242,797
Alberto Pacheco
Home Smart Evergreen Realty - Northridge, CA
Experience and Trust

David I sm looking forward to see a better market in Nothridge this year 

Jan 16, 2016 04:17 AM #2
Rainmaker
1,695,779
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

One of the most interesting parts of activerain is the market report. Yours is excellent and so informative. Thank you  

Jan 16, 2016 12:27 PM #3
Rainmaker
242,797
Alberto Pacheco
Home Smart Evergreen Realty - Northridge, CA
Experience and Trust

Your very welcomed Lise, thank you for reading it

Jan 16, 2016 01:00 PM #4
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Rainmaker
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Alberto Pacheco

Experience and Trust
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