Saturday, October 10, 2015

Burbank CA Home Sales Statistics For 3rd Quarter vs 2nd Quarter


BURBANK CA HOME SALES STATISTICS FOR 3RD QUARTER vs 2ND QUARTER OF 2015
 In the Third Quarter  (07/01/2015 to 09/30/2015) 172 vs 175  homes were sold. The Minimum Listing Price $415,00 vs $395,000 and Selling Price $400,000 vs $395,500 with 1 vs 1 bedroom, 1 bath vs 1bath, , 652 vs 642 square feet house, and 2395 vs 2480 sq ft lot.
 Maximum Listing Price $2,300,000 vs  $2,950,000 and Selling Price $2,400,000 vs $2,835,000,  5 vs 6 bedrooms, 5 vs 6 baths, 3613 vs 5952 sq ft home, 17,106 vs 20302 sq ft lot, and 383 vs 442 days on market.
 Average Listing Price $732,998 vs $750,295 and Selling Price $737,258 vs $748,778 with 3 vs 3 bedrooms, 2 vs  2 baths, 1572 vs 1679 sq ft home, 7130 vs 7191 sq ft lot and 51 vs 50 days on market.  
49 vs 47 sales were in the price range of 600K to 700K and 31 vs 38 sales on the 500K to 600K range.
2 vs 3 probate sales, 4 vs 4 short sales and the rest were stadard sales.
 MORTGAGES AND INTEREST RATE
 Conventional Loan 30 year fixed it's at 4% there is a 5% down payment for purchases with no  Private mortgage Insurance. Fha Loans at 3.875% 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.
 WEBSITES
 If you are interested in documentaries, then check http://www.pbs.org/programs/  For International News check: www.wherever.tv/tv-channels/BBC-News-24.jsf  and for videos in general check: https://www.youtube.com/watch?v=xaFg2s-pY8g

 Want to have an update on your Home Value?  Go To: http://www.findoutyourhomevalue.com/

Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com  Real Estate News, Mortgages, Trends

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