In the picturesque community of Shadow Hills, the real estate market has recently displayed some compelling trends, making it a topic of interest for buyers, sellers, and homeowners alike. As of March 2024, Shadow Hills boasts active listings at a median price of $1,442,500, with the price per square foot landing at $730. Notably, the median sold price stands at $1,050,000. Compared to the previous month’s data, these figures reveal a dynamic and evolving market. This information is crucial for buyers to make informed decisions about entering the market at the right time. On the other hand, sellers can leverage this data to strategize their listings and pricing. Homeowners in the area can also benefit from understanding these trends, as they provide valuable insights into the potential growth or changes in their property’s value. The equestrian lifestyle and upscale living in Shadow Hills add a unique dimension to this market, making it all the more essential for stakeholders to stay informed and agile in their real estate decisions.
March 2024 Housing Market Stats (30 days)
- Active Listings: 10
- Median Listing Price: $1,442,500
- Price Per Square Foot: $730
- Median Sold Price: $1,050,000
- Average Time on Market: 37 days
- Number of Solds: 3
February 2024 Housing Market Stats (30 days)
- Active Listings: 10
- Median Listing Price: $1,260,000
- Price Per Square Foot: $667
- Median Sold Price: $910,000
- Average Time on Market: 20 days
- Number of Solds: 4
Comparing the two months, March saw a notable increase in both the median listing price and the median sold price, indicating a potentially strengthening market. The price per square foot also rose from $667 in February to $730 in March, suggesting increased property value. However, the average time on the market increased from 20 to 37 days, indicating that while properties are valued higher, they take longer to sell. The number of sold properties decreased slightly, from 4 in February to 3 in March.
Shadow Hills, located in California, offers a unique equestrian lifestyle. Known for its spacious properties and community-oriented environment, it’s an ideal location for horse lovers and those seeking a more rural yet upscale living experience. With trails and facilities catering to equestrian activities, Shadow Hills represents a blend of luxury living and the great outdoors.
Shadow Hills Homes Currently listed for sale
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