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Here is a quick rundown of how the market in Panorama City fared in the month of September. There are currently a total of 35 active listings at a median list price of $790,000. Most of the homes on the market in this area have 3 beds and 3 baths. The median square footage of the homes are 1,739 square feet and a 5,648 square foot lot size. In the month of September, 11 homes ...
Here is the Market update for Tujunga in the month of September! Below is the absorption rate and market update for Tujunga - 91042 in the month of September 2022. Active Listings - 28 Median List Price - $812,500 Average Price per square foot - $665 Homes Sold - 14 Average Days on Market - 33 days Average Sales Price - $790,000 Absorption ...
Here is a market update and absorption rate for Van Nuys in the month of September 2022 Active Listings - 63 Median List Price. - $875,000 Average Price Per Sqft - $579 Homes Sold Last 30 Days - 23 Average Days on Market - 41 Days Median Sales Price - $979,000 Absorption Rate - 37% For more information on this current zip code or any other zip co...
Here is a market update and absorption rate for Sylmar in the month of October 2022 Active Listings - 65 Median List Price. - $799,999 Average Price Per Sqft - $474 Homes Sold Last 30 Days - 21 Average Days on Market - 20 Days Median Sales Price - $766,000 Absorption Rate - 32% For more information on this current zip code or any other ...
Here is a market update and absorption rate for North Hollywood in the month of October 2022 Active Listings - 76 Median List Price. - $998,000 Average Price Per Sqft - $630 Homes Sold Last 30 Days - 19 Average Days on Market - 28 Days Median Sales Price - $825,000 Absorption Rate - 25% For more information on this current zip code or any ot...
Here is a market update and absorption rate for North Hollywood in the month of October 2022 Active Listings - 63 Median List Price. - $1,295,00 Average Price Per Sqft - $774 Homes Sold Last 30 Days - 40 Average Days on Market - 13 Days Median Sales Price - $1,150,000 Absorption Rate - 63% What is an Absorption Rate? An absorption r...
At first glance, January seems like it was a big month for the Los Angeles housing market… at least in some neighborhoods. The absorption rate had massive drops toward a buyer’s market in Northridge and Burbank. Then there was a significant drop in Encino which we’ll also examine a bit more in just a moment. That’s not to detract from decent bumps further into seller&rs...
We hope you enjoyed last month’s drops (in all but two of our neighborhoods, anyway) closer to buyer’s territory. Because a good amount of those same neighborhoods are snapping right back up like a bungee cord, rocketing us even further into the seller’s favor. Sure, there are a couple of neighborhoods still powering on with the plummet. But if you thought the era of...
As our absorption rate analysis blogs have likely emphasized by now, statistics are often at the whim of interpretation. These numbers are concrete: they tell us something that actually happened. A certain number of homes were sold in a given area. A certain number of homes were on the market in that same area. Anything beyond that is an assigned meaning that we’ve come to through a mixtu...
As the summer heats up, so does the real estate market in Granada Hills. Whether you're a potential buyer, seller, or simply keeping an eye on the market trends, the latest statistics paint a vivid picture of the local real estate landscape. Key Market Statistics Active Listings: 47 Median Listing Price: $1,249,900 Price Per Square Foot: $574 Homes Sold: 38 Average Time on ...
