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Tujunga Market Update

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 ...

Van Nuys Market Update

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...

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Sylmar Market Update - October 2022

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 ...

North Hollywood Market Update - October 2022

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...

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Burbank Market Update - October 2022

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...

Absorption Rate Analysis: May 2023 – Surprise! More Seller’s Favor Surges

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...

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Absorption Rate Analysis: December 2023 – Secretly Good News for Buyers?

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...

City of Dreams: Unveiling the Dynamics of the 2024 Los Angeles Real Estate Market

In 2024, the Los Angeles real estate market continues to stand out with its robust activity and distinctive trends, despite broader national shifts towards stabilization. This detailed analysis explores the intricate dynamics of rising property prices, especially in coveted neighborhoods and the burgeoning suburbs, underpinned by significant governmental policies and local economic factors. Fro...

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Real Estate Trends in Granada Hills: A Snapshot of Current Market Conditions

Granada Hills, a vibrant neighborhood in Los Angeles, exhibits a dynamic real estate market that caters to a variety of home buyers and investors. The recent data from active and closed listings provides a clear picture of the market's behavior and trends. Here’s a detailed analysis based on the latest real estate statistics. Active Listings Overview As of now, there are 44 acti...

Granada Hills Real Estate Market Update - July 2024

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 ...