Woodland Hills Real Estate update for November 2022
With November 2022 fluctuating mortgage interest rates home buyers were able to negotiate better sale prices and sellers were able to close escrow in under 60 days.
Active Median Price for homes in Woodland Hills, CA in November was $1,324,450 and the Median Sold Price was $985,000, down from $1,112,125. Inventory of homes available for sale decreased from 84 new listings in October to 32 new listings in November. However 46 homes sold which is relatively close to the 50 homes sold in October. Sale to List price decreased in November to 97% from 101% in October.
Median Sold Price: $985,000 (-$127,125)
Sale to List Price: 97%
Days on the Market: 50
If you own a home and you are interested in selling your home in Woodland Hills, inventory is low and 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.