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October 2021 Real Estate updates for Southern California

Posted by David Salmanson on October 31, 2021
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Just like in previous months, the Southern California home prices are hitting new highs, however the market is cooling off just a little. Although the sales are slowing down just a little, it is still the sellers’ market with prices remaining high, and homes still selling over asking price and inventory remains low. Buyers are still motivated by rock bottom mortgage rates. Homes in Calabasas still experienced a big 9% increase in selling price

Over the past 30 days

Woodland Hills:
Median price: $1,049,500 (-$12,000)
Days on Market: 23
Sale to list price: 103%

West Hills:
Median price: $920,000  (-$25,000)
Days on Market: 11
Sale to list price: 102%

Calabasas:
Median price: $1,531,500  (+$132,000)
Days on Market: 30
Sale to list price: 101%

October 2021 real estate sales in woodland hills west hills calabasas

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