In February 2012, we saw growth in the volume of single family and condominium sales over the previous month and previous year. In addition, we saw an increase in the median and average sale prices of single family homes which is a good sign for the area housing market.
A great sign of economic growth in the area is the recent approval of Village at Westfield Topanga, a development that will combine with the company’s existing Woodland Hills malls to make one of Southern California’s largest shopping complexes. The Village at Westfield Topanga will include a brand new Costco, something that has been requested by local residents for years.
With such positive indicators of growth in Woodland Hills, it only makes sense that the property value of homes are going to rise. The combination of low prices and historically low interest rates makes now an ideal time to acquire a home in Woodland Hills.
If you’re in the market to buy or sell a home in Woodland Hills, contact me, Paul Drecksler, your local expert, at 1-800-287-1808 or (828) 273-3031. You can also reach me by e-mail at email@example.com
Here’s a sneak peak at new MLS listings in Woodland Hills (10 days on the market). Keep in mind that these homes include price reductions.
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