Thursday, April 30, 2009

Valley Village Real Estate

Valley Village Real Estate Market Update
April 30, 2009


The number of homes for sale in Valley Village is down 37% compared to a year ago this March for single family homes. What this means is that home-buyers are starting to purchase single family homes in Valley Village. The graph below indicated this trend.


The number of homes under contract (pending-in escrow) in Valley Village has increased 56% compared to a year ago this March for single family homes in Valley Village. This is the result of home-buyers writing offers on Valley Village bank owned homes and Valley Village short sale homes. The graph below illustrates this trend.

There are currently 48 available homes for sale in Valley Village. Of these homes, 12 are considered Valley Village short sale homes and 7 homes are Valley Village bank owned homes.
Also, there is a total of 21 condos and townhouses for sale in Valley Village.
If you are interested to purchase a home in Valley Village, it's important you work with a Valley Village realtor. A Valley Village real estate agent will know the area and can help you pinpoint your next dream home. If you are a home-seller in Valley Village, be sure you sign-up for my Valley Village Market Snapshot report. This report lists Active, Pending, and SOLD homes near your home.
Written by: Richard Johnston, Rodeo Realty
Valley Village Real Estate Realtor Professional
818-730-4128
Graphs by Terradatum
Valley Village Notary Service

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