New Weakness in Price Cuts for Verdugo Woodlands Real Estate Market

This week in the Verdugo Woodlands market, sales fell to eight homes sold over the last 30 days, coinciding with an identifiable downward trend in price reductions, with four in the same time frame. While the number of sellers reducing prices were soft, months of inventory were further reduced to three, extending a downward trend to four weeks. In spite of the decrease in sales, the lack of inventory signals that Verdugo Woodlands is still a seller's market.

If you're looking for a more established home, then be sure to see these listings in Verdugo Woodlands that were built before most others in the market:

$2.3M   $1.2M   $1.1M  

Get started right now by checking out Verdugo Woodlands homes for sale or reviewing Verdugo Woodlands real estate trends.

Demographic facts for Verdugo Woodlands:

  • The average age is 45 years old for the population in this area.
  • The health cost index score in this area is 110.6. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (22.4%), 15-29 min (35.8%), 30-44 min (22.6%), 45-59 min (7.7%), >60 min (11.5%).

Data reported through 10/12/2016

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Ask a local expert about this area:
Keller Williams Realty Los Feliz
3 reviews
Partners Trust
Snapped 1 home in this area
Keller Williams Realty
Snapped 4 homes in this area

Agents that specialize in this area
4 snaps in this area
3 snaps in this area
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