In April 2008 there were a total of 10,596 properties listed in the San Fernando Valley MLS. That was an increase of over 50% from February 2008. Based on today's trends this total represents about a 16-month inventory (5-6 months represents a balanced market). The median sales price was $525,000 which is down 13.9% from 1 year ago but UP 5% from January 2008. This gives YOU the Buyer a better chance of finding your dream home. More inventory = more choices = more negotiating leverage For more information on these or any other Sherman Oaks, Studio City or San Fernando Valley Listings Please call me, Heather Farquhar at 818-388-2743 or
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