Fashion Park Villas in Arcadia

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/57c6

Fashion Park Villas in Arcadia

 

A Market Report For The Arcadia Townhome Complex

 

Fashion Park Villas Townhomes With Garages in ArcadiaThis is a real estate market activity report for the Fashion Park Villas townhome complex in the city of Arcadia.  I will share information for activity so far in 2017 with a recap of closed transactions for the previous three years.   The statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the complex.

 

Townhomes Near Westfield Santa Anita in ArcadiaThe complex is located on Huntington Drive across from Westfield Santa Anita shopping center as well as historic Santa Anita Park and Race Track. In addition to these attractions, the convenient location of Fashion Park Villas is close to the Foothill(210)Freeway and the Los Angeles County Arboretum and Botanic Garden.  A Gold Line station opened in 2016 on First Avenue not far from the complex.  School-age children are eligible for enrollment in the well-regarded Arcadia Unified School District.   

 

Fashion Park Villas Townhomes with  Garages in Arcadia Near Gold line StationThe professionally managed complex was built in 1974 and has mature landscaping with a pool and lounge area.  

 

Fashion Park Villas consists of split and multi-level floor plans with two or three bedrooms ranging in approximate size between 1040 and 1420 square feet.   Features include fireplaces, vaulted ceilings, washer-dryer connections and private patio areas. Each townhome has an attached two car garage with direct access into the home.

 

  • There is currently one Fashion Park Villas townhome on the market for sale.  It is a two bedroom/two-and-one-half bath unit with approximately 1208 square feet.  The unit has some recent updates and is priced at $588,000.  It has been a rather active year so far in 2017.   There have been eight mls-reported closed sales ranging from $500,000 to $630,000 with an average sales price of $584,313(median sales price $606,250).  Nearly 90% have sold above last list price for an average 104% and for $442.78 per square foot year-to-date.  

 

  • In 2016, there were six reported sales for the year ranging from $485,000 to $578,000 with an average of $542,000(median $552,000).   They sold at 99.02% and for $411.42 per square foot on average.

 

  • During 2015, a total of four closed transactions were reported.  These sales ranged from $468,000 to $548,000 with an average of $520,250(median $532,500).   They sold at 101.86% of last list price and for $404.29 per square feet on average.

 

  • For full-year 2014, there were eight reported closings ranging from $418,000 to $590,000 with an average of $501,625(median $507,500).   They sold at an average 101.8% of last list price and for an average price per square foot of $415.30.

 

Fashion Park Villas Arcadia Townhomes On Huntington Drive

 

As with any market report, this is a general overview of the complex based on the number of units available for sale and sold during a particular period. Arcadia Townhomes on Huntington DriveThe mix in sales will have an impact on the overall numbers.   

 

When the time arrives to position a Fashion Park Villas townhome on the market for sale or to arrive at the best possible offer strategy, more detailed information will be needed.   I advise looking at the location within the complex, condition along with a review of the updates(if any) as well as timing and emotional appeal as part of the consideration.  

 

Would you like to know more about Fashion Park Villas or any Arcadia real estate?   Let’s discuss what is important to you.  I can be reached at 818.516.4393 cell.   



Published:   September 20, 2017

 

Fashion Park Villas in Arcadia

 

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Rainmaker
1,698,647
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

I love the name of these condos - Fashion Park Villas - I feel prettier just reading about them

Sep 20, 2017 04:28 AM #1
Rainmaker
3,304,559
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Michael. Fashion Park Villas are enjoying some increased activity this year. A buyer or seller needs your knowledge to capture the best deal. Enjoy your day!

Sep 20, 2017 05:20 AM #2
Rainmaker
4,108,619
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, thanks for this presentation on Fashion Park Villas, and looks like the condos are spacious and in a great location.

Sep 20, 2017 05:26 AM #3
Rainmaker
3,193,421
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

There's  an opportunity for buyers at Fashion Park Villas, so now is the right time to call and work with Michael Jacobs!

Sep 20, 2017 05:55 AM #4
Rainmaker
4,797,473
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael.  Thanks for keeping us informed about the real estate market for the Fashion Park Villas in Arcadia.  Anyone with an interest in this or the neighboring communities should get in touch with you, the local expert.

Sep 20, 2017 05:55 AM #5
Rainmaker
2,583,191
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Being that I have no fashion sense, I probably wouldn't be allowed to live in a place called Fashion Park, haha.

Sep 20, 2017 06:16 AM #6
Rainmaker
1,523,547
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Michael, with just one home for sale in Fashion Park Villas buyers interested in the neighborhood need to contact you promptly. Your local knowledge shines in your market update and there's no one else that knows the market in Arcadia better than you.

Sep 20, 2017 06:30 AM #7
Rainmaker
1,398,141
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Michael, what a great location for this complex. 8 mls sales already...wow. They seemed to have priced this one for a bidding war :)

Sep 20, 2017 07:28 AM #8
Ambassador
1,868,935
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Quite the name. :)  Your notation regarding listing one of the units for sale would win my business.  Any seller, or potential buyer, should call you. Period. 

Sep 20, 2017 08:26 AM #9
Rainmaker
4,492,572
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

I find the name rather interesting, and your report is right on point.  I enjoy reading them, because of your thorough knowledge of this area.  And I agree with Debb Janes EcoBroker and Bernie Stea JD about you being the best at what you do..  A

Sep 20, 2017 08:58 AM #10
Rainmaker
3,205,333
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Fashion Park,  Boy wonder if Brian England or myself would be ok to even visit there with out fachion statements.

 

Sep 20, 2017 10:30 AM #11
Ambassador
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I have come to the conclusion that your database is limitless Michael Jacobs 

Sep 20, 2017 12:25 PM #12
Ambassador
2,791,371
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - This excellent market report should be a beacon pointing to your expertise for buyers searching in the Pasadena area for the right home - you have the expertise they need and the skill to put it to work for them.

Sep 20, 2017 01:26 PM #13
Rainmaker
1,502,005
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Michael, great location, with only one villa available at the Fashion Park in Arcadia, buyers would be wise to contact you before it

s gone.

Sep 20, 2017 03:36 PM #14
Ambassador
3,902,208
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Michael- good location and what appears to be reasonable prices! And, you can't beat that name!

Sep 20, 2017 04:49 PM #15
Rainmaker
1,236,965
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Michael, 

It has been quite a while since I have seen a market report on Arcadia. But as usual, you do not disappoint. Great info and links to local attractions make your reports easy to follow. Your clients are smart to enlist your talent to help them with their real estate needs. 

Sep 20, 2017 05:29 PM #16
Rainmaker
4,432,267
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing.

Sep 21, 2017 04:52 AM #17
Ambassador
4,013,915
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Michael

Once again you've done an admirable job on showcasing another fine community in your area, and providing useful information on the market conditions. Anyone interested in buying or selling in the Fashion Park Villas can see YOU are the one to call for expert guidance and knowledge.

Jeff

Sep 21, 2017 08:34 PM #18
Rainer
352,618
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

Looks like a great option for those who do not want a single detached home.  I bet your clients appreciate your knowledge of Fashion Park Villas in Arcadia Michael Jacobs 

Sep 23, 2017 08:36 PM #19
Rainmaker
4,108,619
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, this is an interesting name, and valuable information for any buyers looking in the area.

Oct 14, 2018 06:29 AM #20
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Michael Jacobs

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