Westridge, Valencia Housing Market Recap 6/27/11

Westridge, Valencia Housing Market Recap

Below is the current home activity for sale in Westridge, Valencia for single family residences in the past 30 days.

There are currently 21 active Westridge homes available for sale in a price range from $585,000-$3,495,000 in which 3 of these are Short Sales.

There are also 2 additional homes listed as a Short Sale, but they are in backup offers ranging from $449,000-$675,000.  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 are also 2 homes in backup offer status that are standard sales.

Additionally, 4 homes are in pending status and are scheduled to close in escrow.  These range from $630,000-$1,499,000 at their list prices.

In the past 30 days, there were 2 homes in Westridge that sold. These homes ranged from $641,000-$717,000 and had an average sale price of $679,000 or $219 per sq.ft.  The homes averaged 363 days on the market and sold at 97% of their sale price over their list price.

I 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.

Would you consider living in Westridge, Valencia?

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

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Comments

No comments available.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>