May 2017 Met Woodland Hills Real Estate Update……The Busiest Month so Far

Kevin McDonald
Published on June 2, 2017

May 2017 Met Woodland Hills Real Estate Update……The Busiest Month so Far

 

Hello Fellow Friends and Neighbors,

 

 

Hope all is well! The month of May was the busiest month of the year so far for our community’s Real Estate with twenty units coming on the market and most going into escrow quickly. I am very proud to announce that I sold 3 listings in the complex this month. May was the top month for new listings on the market and listings put in escrow. Sales prices this month were great across the board with year to date highs for many of the different floor plans and locations.

 

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.

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 May 2017 to April 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.

 

May 2017 Totals

 

20 New Listings in May

13 Listings in Escrow in May

10 Listings Closed Escrow in May

 

April 2017 Totals

 

7 New Listings in April

8 Listings in Escrow in April

3 Listings Closed Escrow in April

 

March 2017 Totals

 

12 New Met Woodland Hills Listings in March

6  Met Woodland Hills Listings in Escrow in March

11 Met Woodland Hills Listings Closed Escrow in March

 

Met Woodland Hills Inventory Level Today:

 

16  Active Listings

11  Listings in Escrow

 

 

May 2017 New Met Woodland Hills Listings

  1. 21550 Burbank Blvd 2nd Floor, 1BR/1BA, 760SF, Listed for $335,000
  2. 5525 Canoga Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $396,000
  3. 5515 Canoga Ave, 2nd Floor, 2BR/2BA, 960SF, Listed for $399,000
  4. 5500 Owensmouth Ave, 3rd Floor, 2BR/2BA, 900SF, Listed for $399,500
  5. 21450 Burbank Blvd 2nd Floor, 2BR/2BA, 987SF, Listed for $399,950
  6. 5540 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $405,000
  7. 5530 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $409,000
  8. 21400 Burbank Blvd 2nd Floor, 2BR/2BA, 920SF, Listed for $415,000
  9. 21450 Burbank Blvd 1st Floor, 2BR/2BA, 910SF, Listed for $415,000
  10. 5550 Owensmouth Ave, 1st Floor, 2BR/2BA, 820SF, Listed for $429,500
  11. 5515 Canoga Ave, 1st Floor, 3BR/2BA, 1020SF, Listed for $439,550
  12. 5530 Owensmouth Ave, 3rd Floor, 2BR/2BA, 920SF, Listed for $449,000
  13. 5510 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $419,500
  14. 21500 Burbank Blvd, 1st Floor, 2BR/2BA, 920SF, Listed for $429,900 (Listed by Kevin McDonald)
  15. 5540 Owensmouth Ave, 2nd Floor, 1BR+1BA, 610SF, Listed for $315,000
  16. 5545 Canoga Ave, 2nd Floor, 2BR/2BA, 910SF, Listed for $399,950
  17. 5545 Canoga Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $410,000
  18. 5550 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $420,000
  19. 5500 Owensmouth Ave, 3rd Floor, 2BR+Loft, 1050SF, Listed for $429,950
  20. 21500 Burbank Blvd, 3rd Floor, 2BR+Loft, 1,050SF, Listed for $419,000

 

 

 

May 2017 Met Woodland Hills Listings Put in Escrow

  1. 5540 Owensmouth Ave, 2nd Floor, 1BR+1BA, 610SF, Listed for $315,000
  2. 21400 Burbank Blvd 3rd Floor, 2BR/1BA, 740SF, Listed for $373,900
  3. 5510 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $419,500
  4. 21500 Burbank Blvd, 1st Floor, 2BR/2BA, 920SF, Listed for $429,900 (Listed by Kevin McDonald)
  5. 5525 Canoga Ave , 3rd Floor, 2BR+Loft, 1050SF, Listed for $449,500
  6. 5545 Canoga Ave, 2nd Floor, 2BR/2BA, 910SF, Listed for $399,950
  7. 5545 Canoga Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $410,000
  8. 21400 Burbank Blvd, 1st Floor, 2BR/2BA, 920SF, Listed for $412,000
  9. 5500 Owensmouth Ave, 3rd Floor, 2BR+Loft, 1050SF, Listed for $429,950
  10. 5550 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $420,000
  11. 5520 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Sold for $410,000
  12. 21450 Burbank Blvd, 2nd Floor, 2BR/2BA, 910Sf, Sold for $405,000
  13. 21500 Burbank Blvd, 3rd Floor, 2BR+Loft, 1,050SF, Sold for $420,000

 

 

 

May 2017 Met Woodland Hills Closed Sales

  1. 21500 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Sold for $307,000
  2. 5515 Canoga Ave, 3rd Floor, 1BR/1BA, 740SF, Listed for $335,000
  3. 21450 Burbank Blvd, 2nd Floor, 2BR/2BA, 910SF, Sold for $405,000
  4. 5565 Canoga Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $410,000 (Sold by Kevin McDonald)
  5. 5520 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Sold for $410,000 (Sold by Kevin McDonald)
  6. 5525 Canoga Ave, 3rd Floor, 2BR/2BA, 1,130SF, Sold for $418,000
  7. 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Sold for $419,000 (Sold by Kevin McDonald)
  8. 21500 Burbank Blvd, 3rd Floor, 2BR+Loft, 1,050SF, Sold for $420,000
  9. 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Sold for $420,000
  10. 5540 Owensmouth Ave, 3rd Floor, 2BR+Loft, 1,030SF, Sold for $440,000

 

 

 

 

Latest Customer Testimonial:

 

Kevin helped sell my condo recently in Woodland Hills. I had no clue how the process worked, but Kevin helped me through it. He made the process very easy and kept me up to date on what needed to be done. Whenever I had questions he answered them quickly and thoroughly. I never felt uneasy during the entire process. I am sad that i had to leave the area, but if I knew of anyone that was buying/selling there I would definitely recommend Kevin as their agent.

 

Janice Y., Seller of 5520 Owensmouth Ave #218, Met Woodland Hills

 

 

At Your Service,

 

Kevin McDonald

Realtor

Pinnacle Estate Properties

818-256-7514

[email protected]

Lic# 01810388

www.KevMcdonald.com

 

Click Below to See My Latest Activity at the Met Woodland Hills and Warner Center:

 

Fully Upgraded Unit in Building 4

 

Warner Center Townhouse

 

 

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.