2019 closed out very strong with 46 total condo sales and 2020 looks like it will be another positive year. The California Association or Realtors is predicting a modest price increase of 2-3% for the average property in 2020 and I predict that the market for Granada Hills condos will align with that trend. This is a slower rate of appreciation than we have had the past few years. Prices are reaching a point that excludes many potential buyers. There is still plenty of demand, but the financial capability is slipping and demand is falling somewhat. It’s an election year, and the run-up and outcome of the election process could affect the market as well. I will keep you posted with regular market updates, but contact me with any questions.
15633 Odyssey Dr. #60
Granada Hills, CA 91344
Sold for $579,900!
The best unit in the best complex is now for sale in Granada Hills. Fantastic end-unit location near the back of the complex is near pool, spa, and guest parking. Rare 4+4 unit features a contemporary kitchen with granite counters & stainless appliances and opens to the living room and dining room with views. Master bedroom features walk-in closet and ensuite bathroom with dual sinks and beautiful tile shower. Light and bright unit with lots of windows, high ceilings, and recessed lights. Features include attached garage with direct access, 3 ensuite bathrooms, private patio, and accessible downstairs bedroom. Contemporary touches like chrome fixtures, bullnose corners, and dual pane windows create a usable space for a modern owner.
For more information on the home selling process, please feel free to contact me at ClarkSellsHomes@gmail.com or call 818.384.1622
2018 was another great year for Granada Hills condos. There were far fewer sales in 2018 than in 2017, but the median price is up over 10%. Perhaps most impressive is the fact that almost 3/4 of sales were over $400k.
The market is starting to cool off as interest rates have moved up pretty considerably. 2019 is predicted to have modest price gains if any. But entry-level properties are still the hottest sector of the market for now.
Happy Holidays and a Fantastic New Year to everyone. Watch for more updates next year and please contact me if you would like to know the current value of your property. Thank you.