Monday, October 26, 2015
Encino Homes Sold on 3rd Quarter vs 2nd Quarter of 2015
In the Thirdst quarter (07/01/2015 to 0/30/2015) 124 homes were sold. The Minimum Listing Price $445,000 and Selling Price was $490,00,000 with 2 bedrooms, 1 baths, 802 square feet house, 5246 sq ft lot.
Maximum Listing Price $4,995,000 and Selling Price $4,725,000 with 7 bedrooms, 8 baths, 7,500 sq ft home, 43,905 sq ft lot, and 286 days on market..
Average Listing Price $1,370,438 and Selling Price $1,329,605 with 4 bedrooms, 3.45 baths, 2,898 sq ft home, 13,099 sq ft lot and 54 days on market. 13 sales were in the price range of 600K to 700K and 14 on the 500K to 600K. Only 1 sale was reo aka bank owned home and the rest stadard sales.
ENCINO CA HOME SALES STATISTICS FOR SECOND QUARTER OF 2015
130 Homes sold on the 2nd quarter (04/012015-06/30/2015). Minimum Listing Price $400,000 Sales Price 440,500, 2 bedrooms, 1 bath, 752 sq ft home and 5,291 sq ft home.
Maximum Listing Price $5,995.000 Sales Price $5,770,000, 7 bedrooms, 9 baths, 8,522 sq ft home, 94,531 sq ft lot, and 313 days on market.
Average Listing Price $1,349,091, Sales Price $1,323,705, 4 bedrooms, 3.35 baths, 2,803 sq ft home, 13,800 sq ft lot, and 54 days on market. 14 sales were in the price range of 500k to 600k and 17 on the 600k to 700K. 4 were short sales and 3 of them with notice of default and 1 bank owned aka foreclosure.
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 3.75% 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.
Be up today with financial and world news at: www.wsj.com. Are you into learning www.ted.com and for free online courses check: www.coursera.com.
Want to have an update on your Home Value? Go To: www.findoutyourhomevalue.com
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com Real Estate News, Mortgages, Trends