Sherman Oaks, CA – Real estate agent Blayne Pacelli reports that the Sherman Oaks property market remained stable in February 2017. There were a total of 58 sales in February, with an average closing price of $1,084,033. This represented little change from January 2017’s total of 59 sales and an average price of $917,505.
Market forecast for April 2017
Pacelli predicts the Sherman Oaks property market will remain strong in April 2017. Inventory is expected to stay low, while sales remain strong. Interest rates are anticipated to hover in the mid 4’s. Despite the recent interest rate increase by the Federal Reserve, rates still remain historically low.
14001 La Maida St., Sherman Oaks, CA 91423
Welcome to this BRAND NEW constructed Cape Cod masterpiece located in the heart of Sherman Oaks on an amazing quiet tree lined street in the highly desirable Fashion Square neighborhood and close to Ventura Blvd., shops and restaurants. 14001 La Maida is spacious approx. 3,987 square feet is an exceptional and unique addition to Sherman Oaks fashion square neighborhood. This striking custom designed home is featuring 5 bedrooms, 5.5 bathrooms, Smart-home technology, wood flooring throughout, high ceiling and plenty of natural light throughout. Living room has a fireplace. Custom kitchen with top of the line Viking stainless steel appliances, oversized center island. Family room has a fireplace and a 12 feet wide bi-folding doors that opens up to the amazing backyard and outdoor living featuring a BBQ area, pool and spa. This home is fully wired throughout for Surround Sound, Home Automation, High Speed Internet and Security Systems. This eco-friendly smart-home offers tankless water heater and dual-zoned HVAC. The master suite showcases a balcony, his/hers vanities and two walk-in closets. All bedrooms have their own bathroom. 2-car garage with direct access. For more information, view the full listing.
Real estate agent Blayne Pacelli (CBRE #01364537) has been rated as a five-star agent every year since 2013. Blayne is dedicated to providing the highest level of service – and lowest amount of stress – possible. Blayne approaches real estate from a position of trust, honesty, and integrity. He provides guidance, education, and advice for his clients at every step of way. Visit Blayne’s website to see his featured listings. Blayne can be reached by telephone at (818) 392-8550 or by email at Sold@blaynepacelli.com.