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Archive for the Housing Information/Stats Category

Toluca Lake Real Estate Sales

sold-sign.png

Toluca Lake Monthly Activity Report: 10-2008

 

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

 

Toluca Lake YTD Activity Report: 1/1/2008 through 10/31/2008

 

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:

Toluca Lake YTD Activity Report: 1/1/2007 through 10/31/2007

 

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%.

Studio City Monthly And Year To Date Real Estate Sales


sold-sign.png

Studio City Monthly Activity Report: 10-2008

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

 

 

Studio City YTD Activity Report: 1/1/2008 through 10/31/2008

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.

Burbank Real Estate Sales Report For October 2008


New

Avg List Price

Under Contract

Avg List Price(LP)

Sold

Avg Sale Price(SP)

%SP/LP

%SP/Over LP

Avg DOM

 

93

$558,531

      39

$535,440

59

$555,834

97.80%

93.40%

54

Prices for real estate in both the Burbank and the San Fernando Valley areas are starting to stabilize as we are testing the bottom, especially in the lower ranges. Average days on market in Burbank came down quite a bit from September’s 74 day average.

We’ll see what the coming wave of mortgage resets brings, but banks are saying they will be working to prevent foreclosures. If they do it will further stabilize pricing and help with the rebound that will eventually come.  This is a great time to buy.  If you need a competent, knowledgeable real estate agent, call me at 818-795-8474.

Burbank Real Estate Foreclosures

This is the current inventory of Burbank foreclosure and short sale properties. It does change daily, so if you see a property that you are interested in, please call me at 818-795-8474 for more information or to schedule an appointment.

 

RES

MLS #

Address

Bd

B t/f

Sty

Gar

SqFt

Yr Blt

Price

1

 F1781518

 

240 W Verdugo Q 

2/1 

2   

901 

1978 

$199,000 

2

 B2103355

 

619 E Olive Ave E 

2/2 

2   

887 

1964 

$249,000 

3

 B2104317

 

1706 Grismer Ave 212 

3/3 

2   

921 

1990 

$249,942 

4

 P659932

 

310 E Providencia Ave 214 

3/3 

2   

1,193 

1990 

$299,000 

5

 F1755096

 

400 N 6th St 302 

3/2 

0   

1,400 

1994 

$325,000 

6

 B2104213

 

2444 N Myers St  

1/1 

2   

836 

1940 

$330,000 

7

 B2103611

 

630 S Lake St 202 

2/2 

2   

861 

1990 

$354,000 

8

 F1772703

 

544 E Magnolia Blvd H 

3/1 

2   

1,164 

1981 

$365,000 

9

 B2103223

 

1711 Grismer Ave 53 

2/1 

2   

1,256 

1975 

$379,000 

10

 B2103624

 

626 E Orange Grv 206 

2/2 

2   

1,110 

2005 

$399,000 

11

 F1782346

 

465 E SAN JOSE Ave 103 

2/2 

2   

1,670 

2006 

$399,000 

12

 F1786735

 

201 E Angeleno Ave 124 

2/2 

2   

1,250 

2005 

$399,000 

13

 B2103602

 

565 E San Jose Ave 304 

3/2 

2   

1,268 

2004 

$419,000 

14

 F1788080

 

7740 Shady Cove Ave  

1/1 

2 A 

1,426 

1950 

$422,500 

15

 I101558

 

1937 N Rose St  

1/1 

1 D 

1,419 

1939 

$425,000 

16

 F1788285

 

1334 N Myers St  

2/2 

0   

1,406 

1949 

$429,900 

17

 F1787561

 

414 E Valencia Ave 206 

2/1 

2 D 

1,560 

2006 

$439,900 

18

 B2104320

 

465 E San Jose Ave 203 

2/2 

2   

1,670 

2006 

$439,900 

19

 F1778607

 

2014 FAIRVIEW St  

1/1 

2   

906 

1943 

$450,000 

20

 B2104222

 

1800 Rosita Ave  

2/1 

2 A 

1,244 

1942 

$465,000 

21

 C103078

 

421 E Santa Anita Ave 304 

3/2 

2   

1,390 

2005 

$492,000 

22

 F1748609

 

201 E Angeleno Ave 306 

2/2 

2   

1,942 

2005 

$499,000 

23

 B2104112

 

916 N 6th St  

1/1 

2 D 

1,481 

1931 

$499,000 

24

 B2104331

 

917 E Elmwood Ave  

2/2 

2 D 

1,460 

1924 

$529,900 

25

 F1784361

 

414 E VALENCIA Ave 308 

3/2 

2   

1,443 

2006 

$530,000 

26

 B2104019

 

710 S San Fernando Blvd 103 

2/2 

2 A 

1,380 

2006 

$539,000 

27

 B2104088

 

2731 N Lamer St  

1/1 

2   

1,150 

1950 

$549,000 

28

 F1783582

 

432 W Valencia Ave  

2/1 

2 D 

1,297 

1938 

$549,900 

29

 F1785426

 

801 S Bel Aire Dr  

2/1 

2 D 

1,180 

1920 

$579,000 

30

 B2103915

 

2612 N Brighton St  

3/2 

2 D 

2,139 

1950 

$619,000 

31

 I101421

 

723 E Harvard Rd  

3/3 

2   

2,495 

1939 

$650,000 

32

 F1787109

 

612 S Lake St  

2/2 

2   

2,130 

1925 

$650,000 

33

 F1787265

 

1022 Sherlock Dr  

3/3 

1   

2,781 

1962 

$749,900 

34

 B2104128

 

2838 N Myers St  

3/3 

2   

3,286 

1950 

$770,000 

35

 F1774495

 

805 E Olive Ave  

4/3 

1   

3,149 

1965 

$799,000 

36

 P660921

 

1005 Country Club Dr  

3/3 

3 A 

3,674 

1980 

$799,400 

37

 P661889

 

1041 E Magnolia Blvd  

4/4 

2   

2,990 

2007 

$799,400 

38

 B2104139

 

733 E Grinnell Dr  

3/3 

2   

2,435 

1940 

$995,000 

39

 F1781511

 

240 W Verdugo Ave O 

2/1 

2   

901 

1978 

$244,900 

40

 F1771170

 

151 Maple 108 

1/1 

2   

616 

1987 

$275,000 

41

 F1788350

 

254 W Ash Ave  

3/2 

2   

992 

1991 

$289,000 

42

 F1779878

 

3116 W Victory Blvd  

1/1 

1   

893 

1948 

$349,000 

43

 B2104235

 

346 Victory Ct  

1/1 

1 A 

1,192 

1939 

$359,900 

44

 F1767637

 

1427 N Edison Blvd  

1/1 

2   

1,048 

1945 

$380,000 

45

 R808988

 

1307 Scott Rd  

1/1 

1   

910 

1941 

$395,000 

46

 B2104143

 

1337 N Sparks St  

2/1 

2 D 

1,183 

1941 

$399,000 

47

 F1787810

 

2101 N Frederic St  

2/2 

2   

1,101 

1947 

$399,000 

48

 F1787703

 

1516 N ONTARIO St  

1/1 

2 D 

788 

1938 

$400,000 

49

 B2103610

 

1111 S Lake St  

1/1 

1   

864 

1925 

$401,000 

50

 B2103347

 

344 N Niagara St  

1/1 

1 A 

1,012 

1927 

$419,000 

51

 B2103620

 

1147 N Valley St  

2/1 

1 A 

1,400 

1941 

$435,000 

52

 F1781754

 

1223 N Whitnall Hwy  

1/1 

0 D 

1,092 

1944 

$435,000 

53

 F1783044

 

340 N Mariposa St  

1/1 

1 D 

934 

1947 

$449,900 

54

 F1784778

 

1008 W Riverside Dr 36 

3/3 

2   

1,635 

1980 

$449,900 

55

 F1762071

 

1142 N Cordova St  

2/1 

0   

1,300 

1939 

$450,000 

56

 I101721

 

1210 N Fairview St  

2/2 

0 D 

1,471 

1947 

$450,000 

57

 F1782705

 

551 N Beachwood Dr  

1/1 

2 D 

1,106 

1939 

$450,000 

58

 B2103714

 

739 N Niagara St  

1/1 

1 D 

1,042 

1936 

$479,000 

59

 F1787355

 

2116 N Dymond St  

2/2 

2 D 

1,572 

1944 

$484,900 

60

 F1785189

 

1016 N Brighton St  

2/2 

2   

2,029 

1979 

$489,900 

61

 B2102646

 

2036 N Valley St  

2/1 

1   

1,424 

1940 

$499,999 

62

 B2104351

 

715 N Keystone St  

2/2 

2 D 

1,471 

1949 

$519,000 

63

 P648270

 

537 N Cordova St  

2/2 

2 D 

1,508 

1947 

$520,000 

64

 F1786948

 

2020 KENWOOD St  

2/2 

2   

1,733 

1940 

$520,000 

65

 F1771010

 

316 N Catalina St  

1/1 

1   

1,211 

1947 

$524,900 

66

 F1785582

 

325 N Keystone St  

2/1 

2 D 

1,200 

1937 

$529,900 

67

 B2104298

 

1101 N Catalina St  

3/3 

2   

2,196 

1948 

$530,000 

68

 F1785724

 

312 N Myers St  

1/1 

3 D 

1,156 

1937 

$549,000 

69

 B2102012

 

1428 N Ontario St  

2/1 

2 D 

1,459 

1940 

$575,000 

70

 F1768477

 

640 S Orchard Dr  

2/1 

2   

1,122 

1939 

$599,000 

71

 C102434

 

835 N Catalina St  

3/3 

1   

2,149 

1940 

$600,000 

72

 F1739030

 

4119 W Hood Ave  

3/3 

2   

1,730 

2003 

$619,000 

73

 F1765803

 

524 S Parish Pl  

2/1 

2   

1,428 

1938 

$625,000 

74

 B2104097

 

1516 W Clark Ave  

2/2 

2 D 

1,804 

1938 

$639,000 

75

 B2102656

 

601 N Priscilla Ln  

2/1 

2 D 

1,629 

1941 

$646,900 

 

 Software Copyright © First American MLS Solutions, Inc. 1997 - 2008 All Rights Reserved v3.0
If a listing displays “Short Sale/Subj to Lender Approval**” then that listing has been identified by the seller and the listing broker as a “short sale”. This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lienholder(