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Russ-Gelston-Woodland Hills-February 2021

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FEBRUARY 2021 REAL ESTATE MARKET REPORT

NO HOMES FOR SALE

TAKE ADVANTAGE OF A

SELLER’S MARKET

NO HOMES AVAILABLE

Jonathan and Angela-Marie,

Now is a great time to list your home for sale! If you are planning in transitioning out of your home this year, please call me today at 301.370.6005 to get the conversation started.

8

1

HOMES SOLD (SINCE 08/01/20)

HOME PENDING

Woodland Hills Homes Sold Since August 1st, 2020 BEDS

TOTAL BATHS

1315 Carlsbad Drive

3

3.50

1814 Windjammer Way

3

3.50

Sold

1424 Wake Forest Drive

3

2.75

1,438

$363,000

11/09/20

Sold

1621 Tanyard Hill Road

3

2.75

1,496

$379,000

10/02/20

Sold

1532 Tanyard Hill Road

3

2.50

1,496

$319,990

09/30/20

Sold

216 High Timber Court

3

2.75

1,736

$373,000

09/04/20

Sold

1927 Windjammer Way

3

2.75

1,360

$349,000

08/27/20

Sold

1319 Carlsbad Drive

3

3.50

1,584

$355,000

08/14/20

STATUS

ADDRESS

Sold Sold

EST. SQ. FT.

SOLD PRICE

SOLD DATE

1,584

$415,000

12/30/20

1,496

$375,000

12/01/20

Russ Gelston and RE/MAX Realty Group are not in any way affiliated with Woodland Hills Owners Association, nor is this in any way an official advertisement or publication of Woodland Hills. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Bright MLS between August 1st, 2020 and January 18th, 2021. Listings and sales may not be those of RE/MAX Realty Group. The Bright MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.


2021 HOUSING FORECAST KEY HOUSING TRENDS IN 2021 REMOTE WORK

Despite high expectations of returning to the office, remote workers are choosing properties with dedicated office space.

SUBURBAN MIGRATION

Home shoppers are looking for an affordable space to shelter, work, learn, and live and are reporting increases in willingness to have a commute to work.

+7.0%

Mortgage rates on the move

Strong demand and more homes hitting the market equal a healthy rate of growth.

by end of 2021

Home sales are going up

65.9%

Homeownership Rate

3.4% +5.7% Home prices will hit new heights

PREPARED ESPECIALLY FOR JONATHAN AND ANGELA-MARIE WILLIAMS

Russ Gelston RESIDENT REALTOR® Associate Broker MD & VA Property Manager RE/MAX Realty Group The Wineman Team

301.370.6005

Office Phone: 301.258.7757 WinemanTeam@gmail.com www.RealEstateSold.com www.RussSellsWoodlandHills.com Each Office Independently Owned and Operated.

This postcard is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

Homes in Woodland Hills are in high demand! With no homes on the market, now is the perfect time to take advantage of the sellers market. If you are considering a move, call me today at 301.370.6005 to take advantage of these new trends. Published by Danielle Hale, Realtor.com on December 2nd, 2020

RE/MAX Realty Group 6 Montgomery Village Ave., Suite 200 Gaithersburg, MD 20879


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