December Bell Canyon Real Estate Update
Inventory Level Today:
11 Active Listings
2 Listings in Escrow
December New Listings
3 New Listings
December Listings Put in Escrow
2 Listing Put in Escrow
December Closed Sales
3 Sales
Here’s a link to the current inventory:
BELL CANYON QUARTERLY SALES ACTIVITY
2024 TOTALS
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | |
| # of Sales | 4 | 7 | 5 | 7 |
| Highest Sale Price | $2,335,000 | $6,250,000 | $4,800,000 | $3,500,000 |
| Lowest Sale Price | $1,575,000 | $1,250,000 | $1,830,000 | $1,847,500 |
San Fernando Valley Real Estate Market Statistics Comparison
Single Family Homes
December 2024
# of Active Listings
1202 (Down ~21% from November)
# of Homes Under Contract (Escrows Opened)
334 (Up ~2.1% from November)
# of Escrows Closed
557 (Up ~20% from November)
Median List Price
$1,435,000 (Up ~2.5% from November)
Median Sale Price
$1,075,000 (Up ~5.3% from November)
If you are a homeowner looking to sell and purchase, sellers are now more willing to take contracts from buyers contingent on selling. If you are considering selling at this time, We would highly recommend sitting down with your realtor (hopefully us) and discussing your specific unit and how it compares to the current inventory. We’d love to interview with you if you do not currently have a realtor.
The market is currently changing with homes staying on the market longer before selling. Please contact me if you have any questions about how the market will be moving forward.
We’d recommend anyone who has their property as a rental contact me to discuss the market conditions before you decide to rent the property out for another year or sell.
I’d love to help you make an informed decision with no pressure or obligation. This is why it is important to consult with someone who is an expert in the complex so you don’t waste time on the market at a price that the market will not respond to. We can also advise on what improvements can net you the best ROI when it comes time to sell.
It may be a good time to consider selling for anyone thinking about taking their equity and purchasing a new home. There are still many opportunities out there for anyone looking to move up to a bigger home, downsize or move closer to shorten your commute.
See what people are saying about Kevin!
The dictionary does not have enough words to describe the extraordinary service, attention and knowledge of my Agent, Kevin Godley and his great team, Team Godley. Professionalism is Kevin Godley personified. I can only say that is you are planning to buy or sell, especially in Bell Canyon, you need to contact Kevin Godley. Thank you Kevin. I am forever grateful to you.
-Maureen S. Sold Hackamore Lane Bell Canyon Home with Kevin
Kevin Godley
Realtor
Pinnacle Estate Properties
818-402-9763
Lic#01216088
If your property is currently listed with another Broker, this is not intended as a solicitation of that listing. This information is based on all homes closed in Bell Canyon as reported through the Southland Regional Association of Realtors multiple listing service as of 12/31/24.