In Van Nuys thirty homes closed escrow during December 2021. Inventory is at 56.5% of december sales, which means this is going to continue all the way to summer. Unless interest rates increases then the sales may go down.
Minimum Sold Price $713,000, house with3 bedrooms 3 baths, 1,692 sq ft, lot 1,961 and 11 days on the market.
Average Sold Price $931,483, house with 3 bedrooms, 2 baths, 1,676 sq ft, lot 7,600 and 24 days on the market.
One was a trust sale, and one probate, and twenty-eight standard sales
Maximum Sold price $2,825,000, house with 4 bedrooms, 5 baths, 3,285 sq ft, lot 25,534 sq ft and 10 days on the market
Eight homes sold below the original asking price, four at price and eighteen above.
Curious about your home value, go to: www.findoutyourhomevalue.com
Mortgage Interest Rates: Conventional 3%, Fha and Va at 2.750% all fixed for 30 years
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