In a continuation of our ongoing measurement of your neighborhood’s real estate activity, we bring you the updated Market Watch for The Canyons – Chevy Chase Canyon, Glenoaks Canyon and Glenmore Canyon!
I report on the same statistics every time, and I’ll tell you if that number is more or less than the last report- it’s kind of like a stock market ticker. Note the change of value mentioned in the parentheses below for the difference between this market update and last market update. This way, you will have a weekly update for a sense of how your home’s “value” is trending.
Here are the statistics:
Active– the single family homes available at the time I pull the report
In Escrow– all single family homes under contract at the time I pull the report
Sold– all single family homes that closed escrow within 6 months from the time I pull the report
Median Price– the median price all single family homes that sold within 6 months from the time I pull the report.
Days on Market– the average days it takes to put a home under contract
So, here it is, Glendale Canyons, your updated market watch:Active: 17 (-7), In Escrow: 23 (-5), Sold: 62 (-8), Median Price: $621k (-$5k), DOM 64 (+3)
Check back again next week for another update.
I hope you are enjoying this feature and that it will provide you with some valuable information about your home!
Here is a sample of homes available for sale in The Canyons!