Hello Fellow Friends and Neighbors,
Hope all is well! The month of January was a strong month for the Met Woodland Hills Real Estate values. It appears that the rise in interest rates have caused many buyers to hop off the fence and move towards purchasing a property. Many of the sales this month were in the upper end of our 2016 price range. It seems like the inauguration of the new president has had little effect on our Real Estate market as our listings in the complex are still moving very quickly. The current inventory has greatly increased compared to December with listings coming out at higher prices than last year’s averages. Some of the units in more desirable locations are selling with multiple offers while others are still sitting unsold. Many properties are still moving very quickly in the Met with my listings having a lot of buyer activity. I know of many buyers looking and the low inventory is creating high demand. With interest rates projected to rise this year, it may be a good time for anyone thinking about taking their equity and purchasing a new home either to get more space or shorten your commute. The information below compares the Real Estate Activity of January 2016 to December 2016 as reported by the Southland Regional Association of Realtors MLS.
Thinking about Selling in order to purchase a new home? Many of your neighbors have taken advantage of my transition services to make the process of selling while need to sell easy and stress-free. Please feel free to contact me at [email protected] or 818-256-7514 to set up a no obligation strategy session to help get you from Point A to Point B.
Met Woodland Hills January 2017 Totals
10 New Listings in January
3 Listings in Escrow in January
6 Listings Closed Escrow in January
Met Woodland Hills December 2016 Totals
2 New Listings in December
5 Listings in Escrow in December
12 Closed Sales in December
Met Woodland Hills November 2016 Totals
5 New Listings in November
13 Listings in Escrow in November
9 Listings Closed Escrow in November
Met Woodland Hills Inventory Level Today:
8 Active Listings
5 Listings in Escrow
Met Woodland Hills January 2017 New Listings
- 5540 Owensmouth Ave, 3rd Floor, 1BR/1BA, 610SF, Listed for $305,000
- 5530 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Listed for $314,000
- 5515 Canoga Ave, 2nd Floor, 1BR/1BA, 610SF, Listed for $315,000
- 5540 Owensmouth Ave, 2nd Floor, 1BR/1BA, 680SF, Listed for $319,000
- 5550 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $410,000
- 5510 Owensmouth Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $408,000
- 21550 Burbank Blvd, 1st Floor, 2BR/2BA, 910SF, Listed for $415,000
- 5530 Owensmouth Ave, 3rd Floor, 2BR/2BA, 1,010SF, Listed for $439,500
- 5515 Canoga Ave, 2nd Floor, 2BR/2BA, 1000SF, Listed for $409,000
- 5540 Owensmouth Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $419,000
Met Woodland Hills January 2017 Listings Put in Escrow
- 5515 Canoga Ave, 2nd Floor, 2BR/2BA, 1,010SF, Listed for $409,000
- 5565 Canoga Ave, 1st Floor, 1BR/1BA, 610SF, Listed for $289,000
- 5540 Owensmouth Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $419,000
Met Woodland Hills January 2017 Closed Sales
- 21520 Burbank Blvd, 3rd Floor, 2BR/2BA, 920SF, Sold for $425,000
- 21520 Burbank Blvd, 2nd Floor, 2BR/2BA, 920SF, Sold for $390,000
- 5500 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Sold for $283,000
- 5510 Owensmouth Ave, 3rd Floor, 1BR+Loft, 740SF, Sold for $323,000
- 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Sold for $390,000
- 21400 Burbank Blvd, 2nd Floor, 2BR/2BA, 920SF, Sold for $415,000
Thinking about Selling in order to purchase a new home? Many of your neighbors have taken advantage of my transition services to make the process of selling while need to sell easy and stress-free. Please feel free to contact me at [email protected] or 818-256-7514 to set up a no obligation strategy session to help get you from Point A to Point B.
At Your Service,
Kevin McDonald
Realtor & Fellow Met Woodland Hills Home Owner
Pinnacle Estate Properties
818-256-7514
Lic# 01810388
I’ve Helped Many of Your Neighbors….Click Here to See What They Think About Me
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.
