Here are some home sales statistics from the last three months regarding homes for sale in Sylmar. You can see that the sold prices for properties have been dropping, but look at the prices for single family homes in February. They actually went up a bit from January. Does this mean we’ve already hit bottom on home prices and homes for sale here in Sylmar? Hmm. Hard to tell. I’ll keep watch and post the March figures on homes for sale in Sylmar as soon as they become available.
Data Source: SoCal MLS, March 1, 2009. Deemed reliable but not guaranteed.
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