WOODLAND HILLS, CA Real Estate Market Update and Home Values as of 2/16/22
Real Estate Market Update
– Still a very strong Sellers Market.
– Low Inventory is still driving up the prices.
– Interest Rates are going up
– Multiple offers and over asking price sales prices are still happening
– Some people are renting their homes out instead of selling some are selling and buying a new one and transferring their property taxes to the new home.
– Market is very fluid. Could turn either way within a few months.
– YOUR HOME MOST LIKELY HAS NEVER BEEN WORTH MORE THAN NOW.
– Thinking of Selling or renting out your home?
Happy to help you come up with the right plan.
ANDREA VOLORE
Realtor
818-398-2539
BHHS CA Properties
DRE #01169526
