Woodland Hills real estate market update for October 2022
Despite rising mortgage interest rates, the real estate market in Woodland Hills, CA, remained steady in October 2022. With 50 homes sold and 84 new listings coming on the market, Woodland Hills remained the “sellers” market. Although the Median Sold Price decreased by $47,875 falling to $1,112,125 from $1,160,000, the Sale-to-List price went up to 101%, increasing by 3%. This means that the sellers were able to sell their properties above or at the listing price. Homes only stayed on the market for about 30 days, only 1 day less than in September. With homes selling fast and for a good price, Woodland Hills is still a great market to list and sell your home.
If you are a home owner and you are interested in selling your home in Woodland Hills, it is a good time to sell. Please call your Woodland Hills realtor David Salmanson at 818-421-2170 and he will help you sell your home fast and for a great price.