January 12, 2008
Comparative Market Analysis For Northridge Condos
I ran a CMA on the MLS for attached condos in Northridge, for the past year, 1200-1500 sq/ft , and with 3 bedrooms.
Here’s what I found.
The average listing price is: $400,000
The average sold price is: $435,000
This data is showing a $35,000 drop in values (list to sold). Usually listings are priced higher than selling prices.
