Market Report on Whittwood Homes for Sale in Whittier, California - September 10, 2010

This Market Report is for the Whittier, California neighborhood known as Whittwood. Here is information about Whittwood homes for sale, as well as homes that have sold in Whittwood.
First, let me tell you what part of Whittier I am talking about. The Whittwood area is bordered on the west by Colima Road, on the north by Whittier Boulevard, on the east by First Avenue and on the south by Lambert Road. Basically, the Whittwood neighborhood is centered around the Whittwood Town Center, south of Whittier Boulevard. All homes referenced in this article are within this Whittwood neighborhood.
This Market Report on Whittwood Homes for Sale will focus on Single Family Residences in this Whittier, California neighborhood.
As of today, there are 15 Single Family Residences for sale in the Whittwood area.
Ten homes are currently in escrow.
Two homes were sold during the month of August.
The average home in Whittwood that sold in August took 53 days to sell.
The average home sale price was $397,500, or an average cost per square foot of $272.07.
Over the past six months, 21 homes were sold in Whittwood, with an average sale price of $378,185, a cost per square foot of $251.25, and 43 days to sell.
It would take 7.5 months, at the current rate of sales, for all the current Whittwood homes on the market to sell.
A Sellers' Market is when there is less than 5 months of supply. Whittwood is currently in a Buyers' Market, making it more advantageous for the buyer at this time.
The rest of Whittier is in a balanced market, as you can see in my Whittier Market Report on September 7.
Below are details of Whittwood Home Sales over the past year.
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