Kathleen Finnegan

Winter Market Report

Let’s take time to review some of the changes that have taken place and what that may mean for future home sellers and buyers. By tracking the data (seen below) found in LA County we can plan ahead, understand the current climate, and utilize the current benefits of buying and selling now. 

As seen above, the median sale price has increased! Excellent news for sellers with a premium offering. Median price increases are especially positive for those found in the valley area (Woodland Hills, Studio City, etc).

As seen above, sold prices, though increasing, are consistently lower than the listing price. There is a huge decrease in sold prices during the holidays around December. This is great to note for future home buyers who are currently looking for a home this December through February. 

Did you enjoy this quick market report? Have any additional questions? I’d be happy to help. Contact me here. 

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This entry was posted on Friday, December 1st, 2017 at 3:19 pm and is filed under Community Events, Homeowner Misc, Interesting Statistics, Item of Value, Market Report. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.