Hello Fellow Friends and Neighbors,
Hope all is well! The month of April was a busy month for our community’s Real Estate with many units coming on the market and going into escrow quickly. I am very proud to announce that I brought out 3 listings in the complex this month with two of them going into escrow within the first week and much activity on the other one. April was a slower month in terms of closed escrows as we only had 3 properties close escrow. The main reason for this is due to the lack of inventory coming out at the Met Woodland Hills. All of the closed sales in April were 1 bedroom units with 2 out of the 3 closing over $300k.
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. We had four units go through price reductions in April. This doesn’t worry me as the units were units in less desirable locations are priced above what things have sold for recently. 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. 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 Real Estate Activity of April 2017 to March 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.
April 2017 Met Woodland Hills Totals
7 New Listings in April
8 Listings in Escrow in April
3 Listings Closed Escrow in April
March 2017 Met Woodland Hills Totals
12 New Listings in March
6 Listings in Escrow in March
11 Listings Closed Escrow in March
February 2017 Met Woodland Hills Totals
8 New Listings in February
10 Listings in Escrow in February
5 Listings Closed Escrow in February
Met Woodland Hills Inventory Level Today:
9 Active Listings
10 Listings in Escrow
April 2017 Met Woodland Hills New Listings
- 21400 Burbank Blvd, 3rd Floor, 1BR+Den, 740SF, Listed for $373,000
- 5500 Owensmouth Ave, 1st Floor, 2BR/2BA, 1010SF, Listed for $409,000 (Listed by Kevin McDonald)
- 5520 Owensmouth Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $420,000 (Listed by Kevin McDonald)
- 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $419,000 (Listed by Kevin McDonald)
- 5565 Canoga Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $407,000
- 5545 Canoga Ave, 3rd Floor, 2BR/2BA, 1089SF, Listed for $429,950
- 5540 Owensmouth Ave, 3rd Floor, 2BR/2BA, 1030SF, Listed for $439,950
April 2017 Met Woodland Hills Listings Put in Escrow
- 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $419,000 (In Escrow with Kevin McDonald)
- 5520 Owensmouth Ave, 2nd Floor, 2BR/2BA, 920SF, Listed for $419,900
- 5525 Canoga Ave, 3rd Floor, 2BR/2BA, 1130SF, Listed for $420,000
- 5515 Canoga Ave, 3rd Floor, 1BR/1BA, 740SF, Listed for $325,000
- 5565 Canoga Ave, 1st Floor, 2BR/2BA, 920SF, Listed for $407,000 (In Escrow with Kevin McDonald)
- 5545 Canoga Ave, 3rd Floor, 2BR/2BA, 1089SF, Listed for $429,950
- 5540 Owensmouth Ave, 3rd Floor, 2BR/2BA, 1030SF, Listed for $439,950
- 21400 Burbank Blvd, 1st Floor, 2BR/2BA, 920SF, Listed for $412,000
April 2017 Met Woodland Hills Closed Sales
- 5500 Owensmouth Ave, 1st Floor, 1BR/1BA, 610SF, Sold for $296,000
- 21550 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Sold for $308,000
- 21500 Burbank Blvd, 2nd Floor, 1BR/1BA, 610SF, Sold for $315,000
Latest Customer Testimonial:
Kevin has been fantastic in assisting us find our home. His professionalism and enthusiasm sets him apart from all other realtors I have dealt with in the past. His response time and service have been impeccable. I will definitely be referring any friends and family looking to purchase property.
Peter L., Purchased a Home Using Kevin McDonald
At Your Service, Kevin McDonald Realtor Pinnacle Estate Properties 818-256-7514 [email protected] Lic# 01810388
Click Below to See My Latest Activity 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.
