Northridge, CA – Real estate agent Marite Cochard reports that the Northridge property market softened slightly in February 2017. There were a total of 54 sales in February, with an average closing price of $610,828. This represented a decrease from January 2017’s total of 55 sales and an average price of $667,585.
Market forecast for April 2017
Cochard predicts the Northridge property market will rebound in Spring and Summer 2017. The market is already stronger compared to the first quarter last year. More buyers are entering the market, often motivated by the prospect of increasing interest rates raising borrowing costs in the near future. But, despite more buyers entering the market, inventory is not increasing. This drives the average sale price higher, and it is expected to continue increasing into the Spring months.
16513 Halsted St., Northridge, CA 91343
Exceptional remodeled family home is situated in a desirable pocket of Northridge offers three bedrooms, two bathrooms, 1,776 sqft. of open living space, over 8,000 sqft. lot, a family room and a luxurious backyard. The inviting brick front porch entry welcomes you into the spacious floor plan with a remodeled kitchen featuring contemporary cabinetry, a gas oven/range, a dishwasher, a microwave, tile flooring, a breakfast bar, recessed lighting and adjacent dining room. The cozy living room boasts a fireplace, recessed lighting, solar lighting and tile flooring. The large step down family room is perfect for entertaining family and friends for the big game featuring tile flooring, recessed lighting, a ceiling fan and sliding door to the backyard patio area. The master bedroom offers rich laminate wood floors, a ceiling fan and loads of closet space. The hallway bathroom boasts a dual sink vanity, tile throughout, recessed lighting and custom fixtures. The second half bathroom offers designer tile, vanity and custom fixtures. The luxurious private backyard features a covered patio with flat screen TV, tiled throughout, recessed and custom accent lighting, mature landscaping, a BBQ area, storage closet, fruit trees and RV parking.
Marite Cochard (CalBRE: #01867409) has been a Northridge resident all her life, and has been selling real estate in Los Angeles County for 4 years. She loves understanding and navigating the real estate market, especially negotiating the best price for her clients, whether they are buying or selling. Marite is also a Certified Short Sale Specialist. Visit her website to see both Featured Listings and Recent Sales. Marite can be reached by telephone at (818) 534-4186 or by email at email@example.com.