Is Now The Time To Sell?
August saw the highest monthly sales prices for a Single Family Home in The San Fernando Valley since 2007.
The median home price jumped almost 8% from last August to $625,000. This is the highest median price in any month for nine years.
Find out what's happening in Studio Cityfor free with the latest updates from Patch.
The median Price for condominiums/Townhomes rose 4.1% to $385,000.
The 545 single family homes sold in August shrunk 5.5% from last year Sales volumes. The 210 condominium sales is up 6.9% from last August.
Find out what's happening in Studio Cityfor free with the latest updates from Patch.
Low Inventory and low interest rates are fuelling this seller's market in the San Fernando Valley.
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