October 2021 Real Estate updates for Southern California
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%
Call Realtor David – David Salmanson at 818-421-2170, your Calabasas Realtor and Real estate agent and schedule a free consultation. Follow David on Facebook
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Calabasas Realtor: David Salmanson – Rodeo Realty Calabasas
Call David at 818-421-2170 with any home buying or selling questions.
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