Valley Village Real Estate Market Report - Los Angeles, California
Valley Village, California - Los Angeles
| Market Commentary Provided by Balmore Flores If you can qualify, now is an exceptional time to buy a home in Valley Village. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 818-359-7543 |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Balmore Flores
Brightlight Properties Valley Village, California 818-359-7543 balmore_flores@sbcglobal.net Agent Home Page  |
|||
| Nearest Metro Area | Los Angeles | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Limited Supply | ||||
| Average Home Price | $700,000 - View Graph Trend | ||||
| Best Selling Price Range | $500,000 - $549,000 | ||||
| Worst Selling Price Range | $1,000,000+ | ||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Valley Village is | Decreasing | ||||
| Seller Activity for the past 90 days in Valley Village is | Decreasing | ||||
| Is Financing Available For Qualified Buyers in Valley Village? | Yes | ||||
| Existing Home Prices for the past 90 days are | Increasing | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 25-30% | ||||
| Housing Hot Spots | Most cities within the Los Angeles County area are considered 'Housing Hotspots' | ||||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Valley Village! | ||||
| Average Sold Price | $700,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
|||||
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
California Homes for Sale |
California Real Estate News | Homes for Sale |
Real Estate Market News | Hot Markets
“Your #1 resource for finding Homes for Sale, How Much My Home is Worth, Community Information and Real Estate Agents!”
© Copyright 1995-2009 HouseHunt Inc - All Rights Reserved