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September 2022 Real Estate Updates

Posted by David Salmanson on October 19, 2022
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With interest rates still climbing home sales slowed down a little in Calabasas, West Hills and Woodland Hills in September 2022. List to sale price stayed pretty close, with escrows closing within 2% off the listing price. Median Sold price in Calabasas went up by a significant $350,500, but went down by 2%-7% in West Hills and Woodland Hills. With luxury home market remaining strong in Calabasas, where home prices vary from $1,000,000 to over $30,000,000 for a luxury mansion,  the city median prices stayed high. Homes stayed on the market for about a month in West Hills and Woodland Hills and about 50 days in Calabasas.

September 2022 real estate update for calabasas west hills and woodland hills

Here is a real estate summary for Calabasas, West Hills and Woodland Hills.

West Hills
Median Price Sold: $960,000  (-$79,000)
Sale to List Price: 99%
Median days on the Market: 36 Days

Calabasas
Median Price Sold: $1,612,000   (+$350,500)
Sale to List Price: 98%
Median days on the Market: 50 Days

Woodland Hills
Median Price Sold: $1,160,000  (-$29,500)
Sale to List Price: 98%
Median days on the Market: 31 Days

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.

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