April 2022 Real Estate update for Calabasas, West Hills, Woodland Hills
Despite the raising interest rates in April 2022, the real estate housing market in Calabasas, West Hills and Woodland Hills. and surrounding areas of San Fernando Valley remained strong. David Salmanson had a very busy month with multiple home sales and leases. He closed 4 homes sales in West Hills, Woodland Hills and Santa Clarita, leased a home in West Hills and opened escrow on 5 homes in Calabasas, Woodland Hills, Whittier and Canoga Park. In particular, the list to sale price of Calabasas sold homes went up by a lot, and averaged 128%, which is one of the highest over the past several years.
Comparatively to the month of March, here are some important real estate statistics for the month of April 2022.
Median Price Sold: $1,105,000 (+$5,000)
Sale to List Price: 107%
Median days on the Market: 13 Days
Median Price Sold: $1,725,000 (-$96,000)
Sale to List Price: 128%
Median days on the Market: 29 Days
Median Price Sold: $1,274,000 (+$34,500)
Sale to List Price: 106%
Median days on the Market: 12Days
If you are looking for a home to buy in the Western San Fernando Valley, contact David Salmanson, your Local Realtor with any questions. David is very knowledgeable about this area and specializes in buying and selling homes and offers free consultation for all his clients.