Sherman Oaks, CA – Real estate agent Blayne Pacelli reports that the Sherman Oaks property market remained stable in April 2017. There were a total of 79 sales in April, with an average closing price of $1,005,585.14. This represented decreased volume from March 2017’s total of 99 sales, but a stable average closing price compared to March’s average closing price of $1,038,150.
Market forecast for May 2017
Blayne Pacelli predicts the Sherman Oaks property market will continue steadily in May 2017. Continually low inventory, with almost all properties receiving multiple offers, will keep prices strong. Properly priced properties will allow sellers to benefit from the market dynamics by receiving multiple competitive offers in a relatively short period of time.
4942 Varna Ave, Sherman Oaks, 91423
This is an amazing Mediterranean 2 story home with high ceilings throughout, and a beautiful backyard. From the moment you walk into to this grand house you are in awe with a beautiful foyer with room for a large piano. To the left is a lovely stairway with wrought iron handrails. As you walk through the foyer you notice a large dining room, perfect for entertaining. To the left of the dining room is a decent sized living room and towards the back of the house is a nice size family room. The kitchen is wonderfully done with granite counters, a large island with marble and stainless steel appliances. There is one bedroom with a full bath downstairs and 4 bedrooms, including a large master, with 4 full bathrooms upstairs. The master has an incredible bathroom with a large shower and a nice size walk in closet. The first floor has limestone 24 by 24 inch tiles, surround sound speakers and a security system. The custom pool changes colors with your mood with gas pits that shoot fire. 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.