Hello Fellow Friends and Neighbors,
I hope you are having a great summer! I can’t believe June is already over! Number of sales in the Met Woodland Hills this month were the same as May. The closed sale prices this month were lower than last month with many of the two bedroom escrows closing lower than May’s 2 bedroom sales due to June’s units being in locations closer to the freeway. It was nice to see that those unit’s sale prices were not that far off though compared to units with quieter, more desirable locations. Supply of new inventory has been very low for 2 bedroom units in desirable locations which are still seeing strong demand. We had one nice 3 bedroom unit come on the market that are always in high demand due to their rarity. It had multiple offers and went into escrow very quickly. The Brexit vote results have kept interest rates near historic lows so hopefully that will mean increased buyer activity. Interest rates are near historic lows again so there is great opportunity for those looking to buy or sell. Top floor units, 3 bedrooms and anything with a quiet location in the Met Woodland Hills are still in high demand. The information below compares the Real Estate Activity of June 2016 to May 2016 as reported by the Southland Regional Association of Realtors MLS.
Please contact me directly if you’d like the full sales list for the month or if you are just wondering what your home might be worth.
June 2016 Met Woodland Hills Totals
12 New Listings in June
13 Listings in Escrow in June
5 Closed Sales in June
May 2016 Met Woodland Hills Totals
12 New Listings
7 Listings in Escrow in May
5 Listings Closed Escrow in May
April 2016 Met Woodland Hills Totals
9 New Listings
8 Listings in Escrow in April
6 Listings Closed Escrow in April
Met Woodland Hills Inventory Level on June 30th:
15 Active Listings
15 Listings in Escrow
Met Woodland Hills June 2016 New Listings
- 5520 Owensmouth Ave, 2nd Floor, 1BR/1BA, 610SF, Listed for $295,000
- 5515 Canoga Ave, 3rd Floor, 1BR/1BA, 610SF, Listed for $295,000
- 5500 Owensmouth Ave, 3rd Floor, 1BR/1BA, 610SF, Listed for $299,000
- 21550 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Listed for $305,000
- 5550 Owensmouth Ave, 3rd Floor, 3BR/2BA, 1,020SF, Listed for $415,000
- 21400 Burbank Blvd, 3rd Floor, 1BR+Loft, 740SF, Listed for $349,900
- 5525 Canoga Ave, 1st Floor, 1BR+Den, 780SF, Listed for $355,000
- 5530 Owensmouth Ave, 3rd Floor, 2BR/2BA, 1,010SF, Listed for $372,500
- 5525 Canoga Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $410,000
- 5500 Owensmouth Ave, 3rd Floor, 3BR/2BA, 1,020SF, Listed for $469,000
- 5535 Canoga Ave, 3rd Floor, 1BR/1BA, 610SF, Listed for $294,000
- 5530 Owensmouth Ave, 3rd Floor, 1BR+Loft, Sold for $315,500
Met Woodland Hills June 2016 Listings Put in Escrow
- 21520 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Listed for $299,000
- 5530 Owensmouth Ave, 1st Floor, 2BR/2BA, 1,010SF, Listed for $369,500
- 5500 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $399,500,
- 5550 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $399,900
- 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $412,000 (Listed by Kevin Mcdonald)
- 5535 Canoga Ave, 3rd Floor, 1BR/1BA, 610SF, Listed for $294,000
- 21450 Burbank Blvd, 3rd Floor, 1BR/1BA, 610SF, Listed for $305,000
- 5525 Canoga Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $399,000
- 5525 Canoga Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $399,500
- 5550 Owensmouth Ave, 1st Floor, 3BR/2BA, 1,020SF, Listed for $415,000
- 5515 Canoga Ave, 3rd Floor, 2BR+Loft, 1,050SF, Listed for $449,000
- 21550 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Sold for $297,000
- 5530 Owensmouth Ave, 3rd Floor, 1BR+Loft, Sold for $315,500
Met Woodland Hills June 2016 Closed Sales
- 21550 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Sold for $297,000
- 5565 Canoga Ave, 2nd Floor, 1BR/1BA, 610SF, Sold for $299,000
- 5530 Owensmouth Ave, 3rd Floor, 1BR+Loft, Sold for $315,500
- 5500 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Sold for $385,000
- 5500 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Sold for $388,000
Hope everyone has a Happy and Safe 4th of July!!
At Your Service,
Kevin McDonald
Realtor
Pinnacle Estate Properties
818-256-7514
Lic# 01810388
If your property is currently listed with another Broker, this is not intended as a solicitation of that listing.
This information is based on all homes closed in “The Met” as reported through the Southland Regional Association of Realtors multiple listing service.
