Hello Fellow Friends and Neighbors,
Hope all is well! The month of March was a very strong month for our community’s Real Estate values. I am very proud to announce that I was able to help my client achieve a record sale price for her unit in building 14. It was a 2 bedroom, 1st floor unit that sold for $434,000 which is the highest lower level 2 bedroom sale since 2006. Inventory levels for properties at the Met Woodland Hills has increased since February, but are still near record lows. This is creating a great opportunity for anyone who is looking to sell. 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. I’d love to help you make an informed decision. 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. Many properties are still moving very quickly in the Met Woodland Hills with my listings having a lot of buyer activity. I know of many buyers looking right now and the low inventory is creating high demand. 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. 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 Met Woodland Hills Real Estate Activity of March 2017 to February 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 March 2017 Totals
12 New Listings in March
6 Listings in Escrow in March
11 Listings Closed Escrow in March
Met Woodland Hills February 2017 Totals
8 New Listings in February
10 Listings in Escrow in February
5 Listings Closed Escrow in February
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 Inventory Level Today:
12 Active Listings
5 Listings in Escrow
March 2017 New Listings @ Met Woodland Hills
- 21500 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Listed for $299,500
- 21550 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Listed for $305,000
- 5500 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Listed for $315,000
- 5515 Canoga Ave, 3rd Floor, 1BR/1BA, 740SF, Listed for $325,000
- 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $419,900
- 21450 Burbank Blvd, 2nd Floor, 2BR/2BA, 910SF, Listed for $425,000
- 5535 Canoga Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $429,500
- 21400 Burbank Blvd, 1st Floor, 2BR/2BA, 920SF, Listed for $430,000
- 5530 Owensmouth Ave, 2nd Floor, 2BR/2BA, 1010SF, Listed for $434,000
- 5525 Canoga Ave, 3rd Floor, 2BR/2BA, 1050SF, Listed for $449,500
- 5530 Owensmouth Ave, 3rd Floor, 2BR/2BA, 1010SF, Listed for $450,000
- 21500 Burbank Blvd, 1st Floor, 2BR/2BA, 920SF, Listed for $450,000
March 2017 Listings Put in Escrow @ Met Woodland Hills
- 21500 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Listed for $299,500
- 21500 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Listed for $305,000
- 21500 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Listed for $315,000
- 5500 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Sold for $315,000
- 5535 Canoga Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $429,500
- 21400 Burbank Blvd, 1st Floor, 2BR/2BA, 910SF, Sold for $434,000
March 2017 Closed Sales @ Met Woodland Hills
- 5500 Owensmouth Ave, 2nd Floor, 1BR/1BA, 600SF, Sold for $300,000
- 5540 Owensmouth Ave, 3rd Floor, 1BR/1BA, 610SF, Sold for $304,000
- 5510 Owensmouth Ave, 2nd Floor, 1BR/1BA, 610SF, Sold for $310,000
- 5515 Canoga Ave, 2nd Floor, 1BR/1BA, 610SF, Sold for $312,000
- 5500 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Sold for $315,000
- 5515 Canoga Ave, 3rd Floor, 2BR/2BA, 820SF, Sold for $396,000
- 5515 Canoga Ave, 2nd Floor, 2BR/2BA, 1,000SF, Sold for $400,000
- 5550 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Sold for $405,000
- 5510 Owensmouth Ave, 3rd Floor, 2BR/2BA, 920SF, Sold for $417,000
- 21550 Burbank Blvd, 1st Floor, 2BR/2BA, 910SF, Sold for $420,000
- 21400 Burbank Blvd, 1st Floor, 2BR/2BA, 910SF, Sold for $434,000 (Sold by Kevin McDonald-Highest Lower Level 2 Bedroom Sale since 2006)
Latest Customer Testimonial:
“I have worked with Kevin in both renting out and selling my condo. Kevin is not only the most knowledgeable agent I have ever met but also a very caring human being. Gems like Kevin are hard to find. He not only provided me with a wealth of knowledge but helped me make decisions that were in my best interest and not his. Kevin will offer you superior service and peace of mind regardless of his interest.”
-shohreh22
Sold by Kevin McDonald-21400 Burbank Blvd APT 112, Woodland Hills, CA 91367
At Your Service,
Kevin McDonald
Realtor
Pinnacle Estate Properties
818-256-7514
Lic# 01810388
Click here to see my New Listing at the Met
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.
