Swing your partner up to the Community House for a Square Dance! This Friday, September 30th, will be a fun night, with a bake sale and a cash bar. You don’t need to know how to square dance, as caller Susan Michaels will take you right through the steps. Some people dress up in fancy petticoats, others just wear whatever. Make a plan with friends & neighbors!
While you are there, make sure to sign up to become a member of the Topanga Community Club. It is a great facility run by volunteers who really put their hearts, heads, and hands into making it a great gathering place for our community. Bring your talents to help!
Topanga is a unique market – a huge price range with just a few homes in each price bracket. Here are the current on market and sale numbers for 90290*:
There are 44 Total Topanga Homes for Sale
- 33 in Active Status
- 8 in Active Under Contract Status
- 2 in Pending Status
- 1 in Hold Status
There were 69 Topanga homes Sold since January 1st
- Lowest sale price $450,000
- Highest sale price $3,375,000
- Average Selling Price to Average Listing price 97.91%
Average Days on Market for YTD 2016
- Active homes – 82
- Active Under Contract – 148
- Pending – 54
- Sold – 86
This puts the numbers ahead of sales for the same period of 2015 in which 55 Topanga homes were sold.
The Topanga Home Market inventory is very low. Well priced, desirable homes are coming on the market and going into escrow quickly at or above list price. There are buyers who have been shopping in Topanga for a while who are desperate for new inventory. Our starter homes are in the $700,000s, now, and scarce. It is very slim inventory for the $700,000 to $1.2 million range right now.
Appraisals should be well supported on an accurately priced home. Buyers have heard the news reports stating that mortgage rates will be rising before the end of the year, which may have more buyers coming out to beat the increases. Buyers should come to the market with a thorough pre-approval in their hands to know their best price range and to make an attractive, solid offer. Use a lender that KNOWS Topanga.
If you would like to discuss the Topanga Home Market and get an accurate report on your home’s value, please call me right now. Our inventory is low, and a well-prepared, well-marketed home will attract some great offers right now.
*Statistics do not include the Top o’ Topanga Manufactured/Mobile Home Park Sales Market
Wherefore art thou, Topanga art patrons? You can help bring the arts to kids who would not otherwise have the experience. You can help make it happen!
Come enjoy the fruits of these students’ labors at the City Hearts Shakespeare Challenge, Recital & Photography Exhibition. On May 31st, in the beautiful outdoor amphitheater of the Will Geer Theatricum Botanicum, students from Compton, Pacoima, and Boyle Heights will perform and display their work.
Who brings these talented kids to our stage? City Hearts: Kids Say Yes to the Arts, a non-profit established by Topangans Sherry & Bob Jason to provide enrichment and inspiration to some of the most disadvantaged children in Los Angeles. Through training with professional practicing artists in Dance, Music, Shakespeare, Musical Theater, Playwriting, Photography, and Visual Arts, these kids get to personally experience being creators and artists.
How can YOU help make it happen?
Please support the Shakespeare Challenge through the City Hearts Indiegogo campaign!
I’ve seen the photography produced by some of the students. It is wonderful! Each brings a unique perspective to the lens. Each is an artist discovering his or her own talent and possibilities. This day will be a celebration of potential and hope.
Saturday, May 31, 2014
10am to 2:30pm
The Will Geer Theatricum Botanicum, 1419 Topanga Canyon Blvd., Topanga, CA
For more information: www.cityhearts.org
Topanga Canyon Real Estate Market for March and the First Quarter of 2014:
There were 42 Total Topanga Homes for Sale
- 32 in Active status*
- 7 in Looking for Backup (Contingency) Status
- 9 in Pending Status
- 2 in Hold Status
There were 10 Topanga homes Sold in March 2014
- Lowest sale price $489,500
- Highest sale price $2,600,000
- Average selling price to Average Listing price 96.6%
- Homes sold in 1st Quarter 2014 – 22
Average Days on Market for March 2014
- Active homes – 83
- Backup – 107
- Pending – 69
- Sold – 80
This puts the numbers slightly ahead of sales for First Quarter 2013 in which 20 Topanga homes were sold. We did have a slow start to listing inventory for Spring 2014 season, but the market is really jumping now. Three more homes closed in the first half of April.
Well priced, desirable homes are coming on the market and going into escrow quickly at or above list price. There are buyers who have been shopping in Topanga for a while who are desperate for new inventory. The market is looking good for sellers with some great comparable properties set to close within the next month or so. Appraisals should be well supported on an accurately priced home going into the summer. Buyers have heard the news reports stating that mortgage rates will be rising towards the end of the year.
If you would like to discuss the Topanga Home Market and get an accurate report on your home’s value, please call me right now. Topanga Canyon is beautiful in Spring – your house will look great!
Elaine Hanson 310-924-1032
*I should mention that I left out the home at the North end of the canyon which is priced at $15.99 million. It is a singular estate that skews the statistics.
Don't get shut out of a great home buying or selling season by sitting on the sidelines.
The Topanga Film Institue and Festival is a non-profit which supports the efforts of independent filmakers around the globe. They promote storytellers that inspire and move us to act to make this world a better place. The beautiful films capture people and places, but it is the stories that move us. Who’s up for a great story?
Come see the beautiful works lovingly created by local artisans this Saturday, February 2, 2013, at the Hearts and Crafts Fair at the Topanga Community House. Find all kinds of beautiful gifts for your Valentine or maybe just pamper yourself a little bit with a new treasure.
Proceeds will benefit the rebuilding of the Playground at the Community House. Join the Hearts and CraftsEvent on Facebook and show your support by sharing!
The 2013 Topanga Real Estate Market is starting out strong. Buyers are feeling confident that the market is in recovery and they are actively searching for their next home. The problem is, there are not a lot of homes from which to choose. This last year, homes that were coming on the market properly priced were receiving multiple offers. The activity began in the lower dollar markets and we are now seeing it roll up to the higher priced markets. Buyers with great credit are finding financing and BUYING!
The Topanga 90290 2012 inventory level of homes for sale declined sharply throughout 2012. If you would like to sell your home, call me to discuss our Topanga Market conditions in detail and to get a thorough Market Analysis of your home’s value. I’ll help you with each step – from advising you how to prepare your home to be show ready for buyers through to a successfully closed transaction. Let’s talk!
Topanga Artist Catherine Tirr’s Gorgeous Watercolors will be on sale at Vidiots on Pico in Santa Monica, Saturday, October 6, 12:30 – 3:30 p.m. Catherine is a long-time Topangan whose works have been exhibited at LACMA, The Armand Hammer Museum, and various other venues, both here in L.A. and internationally. She also teaches art with a gentle, enjoyable approach.
Perfect for early holiday shopping for a very special someone, there are over 500 paintings, many of which are demonstrating particular painting techniques. Browse through the selections, and pick out your favorites. I’m warning you – it will be tough to narrow down your selections. I won’t even pretend to know anything technical about art, but I LOVE Catherine’s work. Something about the way her paintings have a dreamy and deep feeling…..yeah, I’ll leave the critique to the professionals.