Market Report - Ventura Corridor October 16 - 22, 2022
David M. Emanuel
Director Luxury Estates AKG x Christies | #4 in the US | $10 Billion in Total Sales Ranked Top 1000 agents across the nation amongst 1.6 million agents
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Week of October 16 - 22, 2022
Woodland Hills has shown an increase in the number of listings this week, however the overall inventory has decreased. More homes have gone into escrow than the previous week, with 5 new escrows this week.
Tarzana inventory has increased, with 5 more active listings as well as an overall increase in escrow. There seems to be an increase in duration of escrow, with only one closed sale during this time.
In Encino, the numbers are relatively unchanged with marginal differences in overall active listings and new escrows. It seems the market is stabilizing, and buyers are still buying, but the duration of escrows may have increased a bit.
Interested in having a discussion about your home and market trends in your neighborhood? I would love to meet with you.
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