Friday, June 12, 2015
West Hills California Homes Sold 1st Quarter of 2015
WEST HILLS CA HOME SALES STATISTICS FOR FIRST QUARTER 2015
In the First quarter (01/01/2015 to 03/31/2015) 98 homes were sold. The Minimum Listing Price $399,999 and Selling Price was $412,500 with 2 bedrooms, 1 baths, 1160 square feet house and 5004 sq ft lot.
Maximum Listing Price $1,299,000 and Selling Price $1,250,000 with 5 bedrooms, 4 baths, 3650 sq ft home, 38,537 sq ft lot, and 48 days on market..
Average Listing Price $614,444 and Selling Price $658,163 with 4 bedrooms, 2.5 baths, 1990 sq ft home 26,750 sq ft lot and 62 days on market. 24 sales were in the price range of 400K to 500K and 35 sales on the $500K to 600K. From all the sales 5 were short sales, 4 reo aka bank owned and the rest were standard sales.
MORTGAGES AND INTEREST RATE
Conventional Loan 30 year fixed it's at 3.84% there is a 5% down payment for purchases with no Private mortgage Insurance. Fha Loans at 4.03% 30 year fixed with 3.5% down payment
There is a 100% loan available for low and medium income families with NO Private Mortgage Insurance. VA Loans are for Veterans, it is a 100% loan, with NO Private Mortgage Insurance.
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