Hello Fellow Friends and Neighbors,
Hope all is well! The month of June was a great month for our community’s Real Estate with many great sales and lots of properties going into escrow. I am very proud to announce that I sold a first floor 2 bedroom listing that is only the second lower level 2 bedroom unit to sell for at least $430,000 this year. I sold the first one in March of this year as well. 🙂
Market activity in the Met Woodland Hills is still very active with most listings selling within the first 14 days of going on the market. The pace of new listings dropped this month with 10 listings coming out in June compared to 20 in May which was the busiest month of the year. 2 bedroom unit inventory has dropped recently.
I’d recommend anyone who has their unit as a rental property contact me to discuss the market conditions before you decide to rent the property out for another year or sell. I’d love to help you make an informed decision with no pressure or obligation. While the market is definitely booming there are still some units still sitting unsold. I would guess that the reason for this is either being overpriced, in a less desirable location or both. This is why it is important to consult with someone who is an expert in the complex so you don’t waste time on the market at a price that the market will not respond to. I can also advise on what improvements can net you the best ROI when it comes time to sell.
Many properties are still moving very quickly in the Met Woodland Hills with my listings having a lot of buyer activity and going into escrow at record prices. I know of many buyers looking right now and the low inventory is creating high demand of high quality buyers. It may be a good time to consider selling for anyone thinking about taking their equity and purchasing a new home either to get more space or shorten your commute especially as more inventory is projected to come out in the summer. There are still many opportunities out there for anyone looking to move up to a bigger home or move closer to shorten your commute. The information below compares the Real Estate Activity of June 2017 to May 2017 as reported by the Southland Regional Association of Realtors MLS.
I am here to help you! Please feel free to contact me at [email protected] or 818-256-7514 if you have any questions.
Met Woodland Hills June 2017 Totals
10 New Listings in June
14 Listings in Escrow in June
9 Listings Closed Escrow in June
Met Woodland Hills May 2017 Totals
20 New Listings in May
13 Listings in Escrow in May
10 Listings Closed Escrow in May
Met Woodland Hills April 2017 Totals
7 New Listings in April
8 Listings in Escrow in April
3 Listings Closed Escrow in April
Met Woodland Hills Inventory Level Today:
9 Active Listings
18 Listings in Escrow
June 2017 New Listings
- 21450 Burbank Blvd 1st Floor, 1BR/1BA, 610SF, Listed for $319,000
- 5550 Owensmouth Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $449,000
- 5540 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Listed for $325,000 (Listed by Kevin McDonald)
- 21400 Burbank Blvd 3rd Floor, 2BR/2BA, 1050SF, Listed for $445,000
- 5530 Owensmouth Ave, 3rd Floor, 3BR/2BA, 1020SF, Listed for $449,500
- 5530 Owensmouth Ave, 3rd Floor, 3BR/2BA, 1130SF, Listed for $437,950
- 5545 Canoga Ave, 3rd Floor, 3BR/2BA, 1088SF, Listed for $444,000
- 5515 Canoga Ave, 2nd Floor, 1BR/1BA, 610SF, Listed for $329,900
- 21500 Burbank Blvd, 1st Floor, 1BR/1BA, 610SF, Listed for $315,000
- 21500 Burbank Blvd, 3rd Floor, 1BR/1BA, 610SF, Listed for $319,000
June 2017 Listings Put in Escrow
- 5540 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Listed for $325,000 (Listed by Kevin McDonald)
- 21400 Burbank Blvd 3rd Floor, 2BR/2BA, 1050SF, Listed for $445,000
- 5530 Owensmouth Ave, 3rd Floor, 3BR/2BA, 1020SF, Listed for $449,500
- 5530 Owensmouth Ave, 3rd Floor, 3BR/2BA, 1130SF, Listed for $437,950
- 5545 Canoga Ave, 3rd Floor, 2BR+Loft, 1088SF, Listed for $444,000
- 5500 Owensmouth Ave, 1st Floor, 2BR/2BA, 1010SF, Listed for $395,000
- 5540 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $405,000
- 5550 Owensmouth Ave, 1st Floor, 2BR/2BA, 820SF, Listed for $419,500
- 5525 Canoga Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $396,000
- 21400 Burbank Blvd 2nd Floor, 2BR/2BA, 920SF, Listed for $415,000
- 5515 Canoga Ave, 1st Floor, 3BR/2BA, 1020SF, Listed for $439,550
- 5545 Canoga Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $460,000
- 21450 Burbank Blvd, 2nd Floor, 2BR/2BA, 920SF, Listed for $399,950
- 5515 Canoga Ave, 2nd Floor, 2BR/2BA, 960SF, Listed for $399,000
June 2017 Closed Sales
- 5540 Owensmouth Ave, 2nd Floor, 1BR/1BA, 610SF, Sold for $310,000
- 21400 Burbank Blvd 3rd Floor, 1BR+Loft, 740SF, Sold for $339,000
- 5545 Canoga Ave, 2nd Floor, 2BR/2BA, 910SF, Sold for $402,000
- 5545 Canoga Ave, 2nd Floor, 2BR/2BA, 920SF, Sold for $415,000
- 21500 Burbank Blvd 1st Floor, 2BR/2BA, 920SF, Sold for $430,000
- 5500 Owensmouth Ave, 3rd Floor, 2BR/2BA, 1050SF, Sold for $437,000
- 5525 Canoga Ave, 3rd Floor, 2BR/2BA, 1050SF, Sold for $439,000
- 5545 Canoga Ave, 3rd Floor, 2BR/2BA, 1089SF, Sold for $443,000
- 5510 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Sold for $420,000
Latest Customer Testimonial:
“Our experience with Kevin was outstanding from the beginning to the end. He was able to get our property sold quickly and was on top of everything. Kevin was very proactive in the way he helped the get the property ready and how he marketed the property, and worked with the other agent and the buyers. What I liked was how up to date Kevin kept us in his constant communication we had with him on the progress of the sale. He was also easy to reach and was on call whenever we had questions. Kevin made the sale of our property so seamless and easy because he is such a diligent agent and has such a strong work ethic. We truly appreciate what he has done for us and would highly recommend him to anyone looking for a top notch agent.”
Jason and Natalie W., Sellers of 21500 Burbank Blvd #113
At Your Service,
Kevin McDonald
Realtor
Pinnacle Estate Properties
818-256-7514
Lic# 01810388
Click Below to See My Latest Activity at the Met Woodland Hills and Warner Center:
Great Location 1 Bedroom in Building 10
Fully Upgraded Unit in Building 4
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 Woodland Hills” as reported through the Southland Regional Association of Realtors multiple listing service.
