You are currently browsing the Burbank Real Estate Report weblog archives for the day 11. November 2008.
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- 3. October 2009: Burbank Market Report's New Home
- 22. June 2009: Economic News for Burbank Area Real Estate Investors
- 16. June 2009: Housing Starts
- 13. June 2009: Valley Village Real Estate Sales for May 2009
- 12. June 2009: Studio City Real Estate Sales for May 2009
- 10. June 2009: Streamlined Short Sales Rules
- 9. June 2009: California Real Estate News
- 8. June 2009: Toluca Lake Real Estate Report
- 5. June 2009: First Time Homeowner Credit-Update!
- 3. June 2009: Real Estate Facts
Archive for 11. November 2008
Toluca Lake Real Estate Sales
11. November 2008 by Burbank Real Estate.
|
New |
Avg LP |
Under Contract |
Avg LP |
Sold |
Avg SP |
%SP/LP |
%SP/OLP |
Avg DOM |
|
29 |
$940,348 |
5 |
$598,720 |
7 |
$457,785 |
99.53% |
93.58% |
71 |
|
New |
Avg LP |
Under Contract |
Avg LP |
Sold |
Avg SP |
%SP/LP |
%SP/OLP |
Avg DOM |
|
217 |
$958,575 |
11 |
$652,863 |
58 |
$858,329 |
95.10% |
88.79% |
84 |
Average days on market are up 17 days from September and average sold price is down $211,915.
These statistics on face value don’t really tell us much in that there is such a diverse housing inventory in Toluca Lake. While we have seen pricing pressure, location, size and quality of housing all play a major role.
More information is obtained from looking at the year to date numbers for this time last year:
|
City |
New |
Avg LP |
Under Contract |
Avg LP |
Sold |
Avg SP |
%SP/OLP |
Avg DOM |
|
|
281 |
$1,136,730 |
7 |
$1,557,985 |
120 |
$1,040,808 |
91.51% |
64 |
Average days on market are up 20 days, year over year average sold price is down 18%.
Posted in Housing Information/Stats, Blogroll | Print | No Comments »
Studio City Monthly And Year To Date Real Estate Sales
11. November 2008 by Burbank Real Estate.
Property Type: Residential
|
New |
Avg LP |
Under Contract |
Avg LP |
Sold |
Avg SP |
%SP/LP |
%SP/OLP |
Avg DOM |
|
57 |
$1,044,623 |
19 |
$726,989 |
28 |
$921,946 |
95.64% |
92.14% |
68 |
Property Type: Residential
|
New |
Avg LP |
Under Contract |
Avg LP |
Sold |
Avg SP |
%SP/LP |
%SP/OLP |
Avg DOM |
|
700 |
$1,008,071 |
32 |
$743,771 |
279 |
$891,429 |
95.82% |
87.41% |
76 |
Average days on market are down 22% from September and average sold price is up 19%!!! Overall this is suggesting that we’ve tested the bottom and may have found it. About the same number of properties sold suggesting that we had more activity in the higher price points.
Posted in Housing Information/Stats, Blogroll | Print | No Comments »