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Topanga’s Real Estate Market is Gaining Steam

The enjoyable spell of warm weather we are having is not the only thing that has heated up in Topanga. The real estate market has moved into high gear.  Since February first, we’ve had 17 new listings hit the market. Big news? Considering that Topanga’s average number of active listings circles right around 70 active homes for sale, that is a big chunk.

But that’s not all.

Along with new listings just entering the market, 16 homes have entered escrow and are in either Looking for Backup or Pending status.

Nice.

Along with the numbers on the MLS, there has been an upsurge in active buyers cruising through open houses and showing tours.  Considering we are not even quite halfway through March, it’s a good sign for our spring-summer season.

If you would like a personalized market report for the type of home you are looking for, or an evaluation of your own home, give me a call.