Westridge, Valencia Homes for Sale 9/7/10

Westridge, Valencia Homes for Sale

Below is the current home activity for sale in Westridge, Valencia in the past six weeks.

There are currently 18 active homes available for sale in a wide price range from $510,000-$3,495,000 in which 4 of these are Short Sales.

There are also 8 additional homes listed as a Short Sale, but they are in backup offers ranging from $460,000-$1,199,000.  In the case of a backup offer, this usually means that the seller is allowing backup offers to be submitted on the property, while the lien holder(s) is pending approval.  There is also 1 home in backup offer status that is a regular, standard sale, and 2 that are REO/bank owned.

Additionally, 4 homes are in pending status and are scheduled to close in escrow.  These range from $449,900-$949,000 at their list prices.

In the past six weeks, there are 5 homes that sold. The first home was a standard sale that sold for $711,500 which was 96% of list price at $259 per sq.ft.  The second home was a Short Sale that sold for $900,000 which was 117% of list price at $241 per sq.ft.  The third home was a Short Sale that sold for $799,000 which was 89% of list price at $228 per sq.ft.  The fourth home was a standard sale that sold for $1,060,000 which was 94% of list price at $242 per sq.ft.  The fifth home was a standard sale that sold for $1,200,000 which was 97% of the list price at $306 per sq.ft.

We will continue to keep you connected with the real estate market in this community.  Stay tuned or subscribe for future blog posts.

Side note: Westridge is a master-planned residential community built around The Tournament Players Club, Valencia which lies west of Interstate 5 in unincorporated Los Angeles County.  This area, situated on 800 gorgeous acres filled with lovely oaks and sweeping vistas, features townhomes, single family homes, and luxury estates.  Westridge offers many amenities including recreational centers, pools, and a new elementary, junior high, and high school.

Let us know.  Would you consider living in Westridge, Valencia?

If we can be of any assistance to you in buying or selling your home, please contact us.

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