Burbank, CA - Real estate agent Julian Munoz reports that the Burbank property market appreciated for the month of June 2017 year over year by 4.5 percent. There were a total of 172 sales in June, with a mean closing price of $706,000 in 2016; the mean was $737,500 with 152 sales in 2017, an 11.5% decrease in sales sides. If we look at the second quarter as a whole the mean … [Read more...]
Calabasas Property Market Remained Stable in June 2017
Calabasas, CA - Real estate agent Kamyar Rezaie reports that the Calabasas property market remained stable in June 2017. There were a total of 33 sales in June, with an average closing price of $2.12million. This represented a slight change from May 2017's total of 18 sales and an average price of $1.49million. Market forecast for July 2017 Rezaie predicts the Calabasas … [Read more...]
Burbank Property Market Appreciates in May 2017
Burbank, CA - Real estate agent Julian Munoz reports that the Burbank property market appreciated for the 3 month rolling average for May 2017 year over year by 7.2%, with a mean value of $700,000. The 3 month rolling average mean price now has hovered steady since August 2016 at this level. There were a total of 71 sales in May 2016 with a mean closing price of $610,000; the … [Read more...]
Calabasas Property Market Remained Stable in May 2017
Calabasas, CA - Real estate agent Kamyar Rezaie reports that the Calabasas property market remained stable in May 2017. There were a total of 18 sales in May, with an average closing price of $1.49million. This represented a slight change from April 2017's total of 30 sales and an average price of $1.77million. Market forecast for July 2017 Rezaie predicts the Calabasas … [Read more...]
Sherman Oaks Property Market Remained Stable in May 2017
Sherman Oaks, CA - Real estate agent Blayne Pacelli reports that the Sherman Oaks property market remained stable in May 2017. There were a total of 92 sales in May, with an average closing price of $1,007,213. This represented increased volume from April 2017's total of 79 sales, as well as a stable average closing price compared to April's average closing price of … [Read more...]