Thursday, June 11, 2015
Woodland Hills CA Homes Sold On 1st Quarter 2015
WOODLAND HILLS CA HOME SALES STATISTICS FOR FIRST QUARTER 2015
In the First quarter (01/01/2015 to 03/31/2015) 150 homes were sold. The Minimum Listing Price $299,000 and Selling Price was $299,000 with 2 bedrooms, 1 baths, 830 square feet house and 2851 sq ft lot.
Maximum Listing Price $2,299,000 and Selling Price $2,175,000 with 7 bedrooms, 7 baths, 6743 sq ft home, 44,153 sq ft lot, and 359 days on market..
Average Listing Price $750,547 and Selling Price $736,532 with 4 bedrooms, 2.75 baths, 2329 sq ft home 11,498 sq ft lot and 78 days on market. 34 sales were in the price range of 600K to 700K and 34 sales on the $700K to 800K. From all the sales 5 were short sales, 6 reo aka bank owne, 2 probates and the rest were standard sales.
MORTGAGES AND INTEREST RATE
Conventional Loan 30 year fixed it's at 3.244% there is a 5% down payment for purchases with no Private mortgage Insurance. Fha Loans at 3.75% 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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