Monday, December 07, 2015

Canoga Park Ca Home Sales Comparison First and Third Quarters of 2015

CANOGA PARK CA HOME SALES STATISTICS FOR FIRST QUARTER 2015
 In the First quarter (01/01/2015 to 03/31/2015) 35 homes were sold. The Minimum Listing Price $210,000 and Selling Price was $180,000 with 2 bedrooms, 1 baths, 696 square feet house, 4731 sq ft lot and 4 days on market.
 Maximum Listing Price $649.000 and Selling Price $649,000 with 5 bedrooms, 4 baths, 2428 sq ft home, 14,179 sq ft lot, and 258 days on market..
 Average Listing Price $440,420 and Selling Price $435,620 with3 bedrooms, 2 baths, 1530 sq ft home 7376 sq ft lot and 48 days on market.  
From all the sales, 19 were in the price range of 400K to 500K and 6 sales on the $500K to 600K;  Also 4 of the sales were short sales, 3 bank owned aka reo and 1 probate and the rest were standard sales.

HOME SALES STATISTICS FOR THIRD QUARTER OF 2015
On the Third quarter (07/01/2015-09/30/2015) 44 homes were sold. The Minimum Listing Price $ 350,000, Selling Price $350,000 with 2 bedroms, 1 bath, 744 sq ft home, and 5,004 sq lot.
Maximum Listing Price $669,000, Selling Price $655,000, with 5 bedrooms 3 bath, 2599 sq ft home, 9,538 sq ft lot and 149 days on market.
Average Listing Price $464,538, Selling Price $464,236, 3 bedroom, 2 bath, 1467 sq ft home, 7.091 sq ft lot and 54 days on market.
From all the sales, 1 homes was on  short sale with notice of default, 1 bank repo aka foreclosure and the rest standard sales.
The number of sales incresed 25.8%, while the minimum listing price increased 67%, the sales price increased 94%. The maximun listing price increased 3%, the sales price increased 1%. The average listing price incresed 5.5%, the sales price increase 5.6%
 MORTGAGES AND INTEREST RATE

 Conventional Loan 30 year fixed it's at 3.848% there is a 5% down payment for purchases with no Private mortgage Insurance. Fha Loans at 4.625% 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.
The conventional increased to 4.125% , and the Fha decreased to 3.875%
 MOVIES TO WATCH WINTER 2015 and 2016

Taxi from the Iranian Director Jafar Panahi, it is a documentary.  Bridge of Spies, Directed by Steven Spielberg and performed by Tom Hanks, he may get a nomination as leading actor. Truth with Robert Redford and Cathe Blanchet may have an Oscar nomination as well.   
Want to have an update on your Home Value?  Go To: 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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