Life In Sherman Oaks

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During the week ending October 4, 2009 – 4 homes were newly listed in Sherman Oaks in the under $650K price range. 1. $375,000. 5517 Willis. 3 bedrooms, 1 bath. 1140 sq. ft/ lot size=7425. This is a short sale. 2. $449,775. 14719 Greenleaf. 2 bed/ 1 bath. 990 sq. ft/ lot size = 10,750. This is a REO sale. 3. $494,500. 13415 Margate. 1 bed/1 bath 862 sq. ft./ [...]

No one can guarantee that your home will sell at any price. But I can tell you what the average sale price per square foot was for the homes that have sold this year. Studio City: If you price your home at or below $497 per square foot, it is more likely to sell than a home that is priced higher than that — provided all other things are fairly [...]

As of September 15, 2009 — there are 84 homes on the market in Studio City (14), Sherman Oaks (21) and Encino (49) in the $2 million plus price range. Since January 1 of this year, 22 homes in this price range have sold: Studio city (6), Sherman Oaks (5) and Encino (11). The majority of these homes sold for cash. If you’re a seller in this range, or potential [...]

There are 8 homes today available in the 91423 zip code priced at or under $650,000. All are north of the boulevard and 4 are either short sales or lender owned. They are: 1. 3 bedroom/3 bath at 4947 Fulton listed for $524,900. Lender Owned. 2. 4 bedroom/3 bath at 4712 Van Nord for $549,989. A Short Sale. 3. 2 bedrooms/2 bath at 12959 La Maida for $580,000. 4. 3 [...]

In August 2009, north of the boulevard, 5 homes sold; 4 of which were either short sales or REO’s. The average price of the homes sold was $544,000 — while the average price per square foot was $240.00. This represents a drop from 2008, when 8 homes sold., with an average sale price of $647, and an average price per square foot price of $285. In 2009, the most anyone [...]

In August 2009, 6 homes sold south of the boulevard in the 91423 zip. The average price was $1,126,000. The average price per square foot was $396.00. In August 2008, 9 homes south of the boulevard sold at an average price of $1,913,000. The average price per square foot was $453.00 The average square feet of these homes was 4,054. So the conclusion we can draw from this is the [...]