- Single family
- 5 beds
- 3.0 bath
- 2,557 sqft
- Lot 5,580 sqft (so, not too much yard here)
- Built in 1961
So the number of sales DataQuick now reports each month will be significantly higher than it would have been prior to January, 2007 and thus the decline is even worse than it appears to be at first glance. Check it out here.
To count as an "arm's-length" sale for our sales counts, the logic we've used insisted that there be a seller, a buyer, and that money changed hands. We've now expanded this to include transactions where there was a purchase loan if no price was apparent.
We're also now including multiple sales transactions. If three homes were bought in the same transaction, we now count them as three home sales, not one sale.
These changes increase monthly sales counts by an average of 10 percent. Intra-family transfers are not included, nor are foreclosures until a home is re-sold to a new buyer.
Price Reduced: 09/18/07 -- $1.390M to $1.249M
Price Reduced: 11/02/07 -- $1.249M to $1.150M
Price Reduced:12/26/07 -- $1.150M to $995k (down 28.42%!)
This 6 bed/4 bath house is priced at $1.39M Zestimate™ $2,088,389. It's another fixer -- this one appears to have been a groovy seventies bachelor's pad. The lot sports really fabulous views and it's a very private location. The pool is smaller but I think it's ideally sized for the lot and you can see the whole valley from it. While the lot is huge ( 28,500 Sq. Ft.) it's mostly hillside but the flat part of the lot is maximized. I can't tell whether this is a great price or not -- it'll be interesting to see if it moves.
I think that I'm safe in statin',
She will be waitin'
When my lonely journey is done
And kindly old Rev'rend Thomas made us a promise,
He will make the two of us one.
So I'm hittin' the trail to the cow country,
You can forward my mail care of R.F.D.,
I'm gonna settle down and never more roam
And make the San Fernando Valley my home.