Buyer Optimism has been at an all time high in 2014! This just shows that there is a great deal of confidence in today’s real estate market. A healthy real estate market shows that we are having a strong economic standing in 2014 and going forward. For all your real estate needs in the San Fernando Valley, please feel free to contact me at ClarkSellsHomes@Gmail.com or call me at 818.384.1622
New property on the market!
16438 Gilmore St. Lake Balboa, CA 91406
This 3 Bedroom, 1.5 Bathroom home is located in a highly desirable pocket of Lake Balboa! 1,214 Sq.Ft. and needs some TLC. excellent opportunity for someone to purchase a good home in a great area!
Listed at $399,900!
For more information, please feel free to contact me at ClarkSellsHomes@yahoo.com or call me at 818.384.1622
Lake Balboa real estate remains very strong and is a great opportunity for both buyers and sellers. Sellers benefit from 23 months of strong price gains, which have brought prices to 5-year highs. Also, inventory remains fairly low with only 22 single family homes currently n the market. Considering tat one home is selling more than every two days, this represents less than one and a half months of supply!
Buyers also have an excellent opportunity to move to a fantastic neighborhood close to the park while interest rates remain historically low and rental prices are at all-time highs.
Below is a market snapshot for Lake Balboa:
Sales in last 6 months: 96
Current active listings: 22
Estimated length of current supply: 41 days
Average time on market: 42 days
Average sale price: $451,000
Average interior size: 1,496 Sq.Ft.
For all your real estate needs, please feel free to contact me at ClarkSellsHomes@yahoo.com or you can call me at 818.491.0194.