Hot Summer Sales!
The real estate market in the summer of 2021 remains hot in West Hills, Woodland Hills and Calabasas. Homes are flying off the market in 20 days of less, and escrows are closing in record times. With home inventory shortages and record low mortgage rates, homes are selling 1%-7% over asking price and receiving multiple offers. Median selling prices are up and over 20% from summer 2020.
Woodland Hills:
Median price: $1,049,500
Days on Market: 20
Sale to list price: 105%
West Hills:
Median price: $920,000
Days on Market: 15
Sale to list price: 107%
Calabasas:
Median price: $1,399,909
Days on Market: 37
Sale to list price: 101%
If you own a home in Calabasas and surrounding areas, and you are thinking of selling, the time is now! Call your Calabasas experienced real estate agent David Salmanson for a free consultation at 818-421-2170.
