Tuesday, October 27, 2009

Encino Real estate Market Report

Here is the market update for Encino Real Estate .  The number of homes for sale in Encino has fallen 37% since September of '08.  Median sold price has fallen 14% to $683,500 from $799,000 during this time period.  The number of homes in escrow has risen 18%.  Average days on market for a home in Encino is around 38 days.

Here is the breakdown of active home for sale in Encino:
Encino Luxury Homes and Estates - 75 active homes
Encino Short Sale Homes and homes in pre-foreclosure - 23 active homes
Encino Bank Owned Homes - REO and Foreclosures - 3 active homes
Encino Single Family Homes - 97 active homes
Encino Condos and Townhomes - 39 active condos

Currently there is a total supply of 136 active homes for sale in Encino.

If you own a home in Encino, visit Encino home values to get your free market snapshot report.

Source: Terradatum, Homes.LA, Realtytech, SOCALmls
Data as of October 27, 2009
Encino Notary

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