Friday, March 30, 2018
Sylmar Homes Sold In March 2018
Sylmar CA MAP
There are 2 freeways that are part of Sylmar. Freeway 5 on the south side of the city and and the 210 on the north side,
The Average Sold Price was $540,749, house with 3 bedrooms , 2 baths, 1570 sq ft, 21,149 sq ft lot and 40 days on the market. House in move in condition with city view located on a hill top.on the south side of sylmar.
The Highest Sold Listing Price was $740,0000, house with 5 bedrooms, 3 baths, 2,503 sq ft home, 18,035 sq ft lot and 131 days on the market. This house was fully remodeled, flooring, ceiling, lighting, baths, bedrooms, fresh paint and much more.
From all the sales 11 homes had price reductions, and 13 had price increases, it seems to be a mix market and only one sale was a bank repo. the rest were standard sales.
Nine sales were in the 400K to 500K, sixteen in the 500K to 600K, and twelve on the 600K to 700K.
In January were 27 sales, in February 30 and March 41, it seems that spring and summer sales are going to increase quite a bit.Home values will increase as well unless something unexpected happens.
Conventional and Fha mortgage loans are at 4.375% and VA at 4.5% fixed for 30 years.