Tuesday, June 30, 2009

30 showings in one day; 21 offers in one weekend. I know, I know; this news is getting old.

This is 5523 Strohm in North Hollywood. It's a 3+1 and is almost 1100 square feet. Yes, it's very cute, and many buyers have also thought so. It listed Friday night for $325,000 and had 21, yes, 21 offers on it by Monday night. Apparently, the sellers had over 30 showings on Sunday alone. Although I don't know what the actual sales price is, I think it's safe to say that it is probably considerably over the list price of $325,000. I'll say it again: we need more housing inventory on the market!!

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