West Hills Real Estate Trends June 2019

West Hills Real Estate Trends June 2019

Yesterday, I covered a little of the West Hills Real Estate market trends for June 2019. My goal is to educate you on the housing prices so you can make good investment decisions when it comes to purchasing or selling a house in West Hills, California.

Let’s recap from my article about my new listing at 7456 Sale Ave West Hills and review home pricing deeper.


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How is the West Hills Real Estate Trends ?

The average West Hills house is selling for $728,538 in 42 days after being listed for sale.  Last year in June 2018, it took 34 days to sell a home on average.  The reason it is taking a little longer is that there are more homes for sale in West Hills in 2019 than 2018.

West Hills homes are selling for 97.80% of the listed price.

The Hottest Price Ranges for West Hills Real Estate Trends June 2019

So, I went to our California Regional Multiple Listing Service and search for housing prices by range.  When I determine the current market value for a home seller or home buyer, this is where I go to do my research for you.  I don’t go to popular marketing companies like Zillow that just give you an estimate of value.  That estimate can be off by as much as 30%.

Yikes.

 

West Hills Housing Prices by Price Range in 2019

Here are the hottest West Hills price ranges for January 2019 to June 30th, 2019.   You can see a trend below in closed sales pricing.  The most competitive pricing is from $600,000 to $700,000 with 107 sales in this price range.

If you price your home over $1 million dollars, it is going to take more time to sell your home.  If you study the chart below, you will get some insights into trends.  When you have questions or want to know the value of your home, go to my home evaluations page or call me at 818-422-7447.

The number in parentheses ( )  the chart below that says something like “List Price: $300,000 – $400,000 (1)” the number 1 represents the number of homes that sold in this given price range year to date.  From January 2019 to June 30th, 2019.

 

List Price: $300,000 – $400,000 (1)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min399,9000415,0001119486127,098
Max399,9000415,0001119486127,098
Avg399,9000415,0001119486127,098
Sum399,900415,000
List Price: $400,000 – $500,000 (4)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min445,0000358,0001119428066,907
Max489,00027501,0003219611,19621,378
Avg464,90015449,7503219551,07510,795
Sum1,859,6001,799,000
List Price: $500,000 – $600,000 (46)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min510,0000498,0002219261,1442,146
Max599,999285632,0004320182,22493,308
Avg577,27639573,2453219661,4269,558
Sum26,554,67826,369,269
List Price: $600,000 – $700,000 (107)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min600,0000575,0002219331,1501,000
Max699,950152726,0005320192,63716,536
Avg658,31136654,1123219641,5867,962
Sum70,439,33069,989,969
List Price: $700,000 – $800,000 (63)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min700,0003615,0003219561,3614,373
Max799,999251815,0005420183,0821,490,870
Avg755,79946745,6634319681,98280,983
Sum47,615,34746,976,775
List Price: $800,000 – $900,000 (32)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min800,0003750,0003219591,8425,000
Max899,900261932,0005420183,50817,436
Avg855,87945846,2284319752,39610,060
Sum27,388,11327,079,305
List Price: $900,000 – $1,000,000 (21)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min909,5001855,0004319612,2746,600
Max999,0001761,005,0005420183,58515,359
Avg953,33651937,9534319852,72410,294
Sum20,020,06419,697,020
List Price: $1,000,000 – $1,100,000 (11)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min1,000,0000980,0004319652,4499,659
Max1,089,0001761,120,0006520184,05170,526
Avg1,047,195421,028,6954419893,09418,719
Sum11,519,14711,315,647
List Price: $1,100,000 – $1,200,000 (3)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min1,149,000351,075,0004319682,5637,898
Max1,175,000891,175,0005519954,14722,746
Avg1,158,000701,115,0005419843,13513,595
Sum3,474,0003,345,000
List Price: $1,200,000 – $1,300,000 (3)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min1,229,000151,190,0005519953,36310,300
Max1,299,0001791,285,0006720174,01514,116
Avg1,265,667761,243,3335620033,59011,872
Sum3,797,0003,730,000
List Price: $1,300,000 – $1,400,000 (1)
List PriceDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min1,324,9902771,275,0004520183,61026,602
Max1,324,9902771,275,0004520183,61026,602
Avg1,324,9902771,275,0004520183,61026,602
Sum1,324,9901,275,000
List Price: All (292)
Overall NumbersDays On MarketClose PriceBedsBathsYear BuiltSqftLot Sqft
Min399,9000358,0001119266121,000
Max1,324,9902851,285,0006720194,1471,490,870
Avg734,22042726,0004219691,90724,968
Sum214,392,169211,991,985

 

Overall Pricing Chart for West Hills Real Estate Trends June 2019

West Hills Real Estate Pricing June 2019 Pricing

 

What is the current market value of your home in West Hills or another city in Southern California?  Request a free home valuation of your property today.

 

West Hills Homes for Sale

Melinda Bonini

Melinda Bonini loves real estate. Her passion is to help people with whatever their particular needs are in real estate. As a resident of Valley Glen, she knows the San Fernando Valley, Beverly Hills, Bel Air, Malibu and Westside of Los Angeles well. Most of her clients are personal referrals and a good percentage are increasing from the internet. Follow her on Facebook and call her for a free real estate consultation at (818) 422-7447.