Sales volume, average sales price, and median sales price of homes and condos in Woodland Hills CA.
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There was a decrease in sales volume for single family homes and condos in Woodland Hills compared to last month, but a 10% increase in single family home sales and an 8% increase in condo sales when compared to November 2011. This slowdown in volume is most likely attributed to seasonality so expect it to
The Woodland Hills real estate market is closing the summer in a good way. While condo sales remained steady the volume of single family homes is up more than 30% month over month and year over year. The average price of condos fell slightly but the median price was unchanged when compared to July. Single family home prices increased slightly.
Woodland Hills saw mixed results in July. Volume was down but prices were up. This goes for both product types, single family homes and condos. Economic forces dictate that as prices rise, there is less demand. Movement like this is not concerning as they should be expected. It means the market is working itself out. Hopefully this is a sign that supply and demand levels are stabilizing.
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There were 67 homes and 20 condos sold in Woodland Hills CA during May 2012, which is an increase over the previous month and May of last year. The average price of homes sold in the Woodland Hills decreased by 16% over the previous month which might just be because distressed homes are selling quickly
It’s Spring Time. What does that mean? The selling season has arrived. Historically, spring is a big month for real estate. April 2012 in Woodland Hills, is certainly showing positive signs in the single family sector. While volume was down across the board when compared to March, April 2011 was blown away, showing huge gains |
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