Sylmar CA Condos and Townhomes Sold in August 2016

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

 

SYLMAR CA REAL ESTATE MARKET UPDATE FOR  AUGUST 2016

12 condos and townhomes were sold in August. The Minimum Listing Price was $245,000, Selling Price $230,000, with 2 bedrooms, 1 bath, 864 square feet unit, 1,908 sq ft lot and 103 days on the market.

Maximum Listing Price $589,000, Selling Price $585,000 with 4 bedrooms, 4 baths, 3,100 sq ft and 203 days on the market.

Average Listing Price $336,463, Selling Price $334,773 with 3 bedrooms, 3 baths, 1,420 sq ft unit and 70 days on market.

6 sales were in the price range of 200K to 300K, 5 in the 300K to 400K, and 1 on the 500K to 600K.range. From all the sales, 1 condo was on probate and short sale, 1 townhome was bank repo, and the rest were standard sales.

MORTGAGES AND INTEREST RATES

Conventional mortgage loan 30 year fixed it's at 3.625% and the Fha is at 3.5%. The loan for veterans aka VA requires no down payment and has no private mortgage insurance.

CONDOS AND TOWNHOMES SOLD IN JULY 2016

18 condos and townhomes were sold in July. The Average Listing Price was $325,939, Selling Price $331,639, 3 bedrooms, 3 baths, and 1,347 sq ft unit and had 50 day on market. One condo was on short  sale and the rest were standard sales. 8 units were sold in the 300K to 400K range.

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