CALABASAS CA HOME SALES STATISTICS FOR THIRD QUARTER VS FIRST QUARTER OF 2015
On the Third Quarter (07/01/15 - 09/30/15) 83 homes were sold. The Minimum Listing Price$580,000, Selling Price $510,000, 2 bedrooms, 2 bath, 1355 sq ft home, 3679 sq ft lot.
Maximum Listing Price $4,999,000, Selling Price $4,800,000, 6 bedrooms, 8 baths, 7239 sq ft home, 145,238 sq ft lot, and 514 days on martket.
Average Listing Price $1,499,540, Selling Price $1,454,354, 4bedrooms, 3.9 baths, 3298 sq ft home, 18,878 sq ft lot, and 79 days on market.
Calabasas homes sold on third quarter: 3 were short sales, and 1 bank owned home, the rest were homes on standard sale.
On the First quarter (01/01/2015 to 03/31/2015) 52 homes were sold. The Minimum Listing Price $375,000 and Selling Price was $375,000 with 2 bedrooms, 1 baths, 766 square feet house and 5043 sq ft lot, and 13 days on market.
Maximum Listing Price $3,999,000 and Selling Price $3,825,000 with 6 bedrooms, 6 baths, 6995 sq ft home, 30,020 sq ft lot, and 114 days on market..
Average Listing Price $1,525,031 and Selling Price $1,466,339 with 4 bedrooms, 4 baths, 3477 sq ft home 53,340 sq ft lot and 110 days on market. 4 sales were in the price range of 900K to 1000,000 and 8 sales on the $1,100,000 to $1,200,000. From all the sales 4 were short sales and the rest standard sales.
More homes were sold on third quarter, also the minimum and maximum listing and selling price increase compared to the first quarter.
MORTGAGES AND INTEREST RATE
Conventional Loan 30 year fixed it's at 4.125% 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.
Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
