Pango Group

Sunland, CA 91040

Single-Family Homes

www.pangogroup.com



Sunland, CA 91040

Sun Mar 03 2024
This week the median list price for Sunland, CA 91040 is $1,400,000 with the market action index hovering around 51. This is an increase over last month's market action index of 47. Inventory has decreased to 15. Click here to stay informed with the Sunland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Sunland, CA 91040

Sun Mar 03 2024
This week the median list price for Sunland, CA 91040 is $1,400,000 with the market action index hovering around 51. This is an increase over last month's market action index of 47. Inventory has decreased to 15. Click here to stay informed with the Sunland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sunland market.
Median List Price $1,400,000
Median Price of New Listings $669,900
Per Square Foot $672
Average Days on Market 122
Median Days on Market 42
Price Decreased 7%
Price Increased 7%
Relisted 20%
Inventory 15
Median Rent
Market Action 51
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,900,000 4,567 0.5 - 1 acre 4 5 72 0 0 301
$1,545,000 2,810 0.5 - 1 acre 3 3.5 76 0 1 14
$1,299,500 2,054 0.25 - 0.5 acre 4 3 60 0 2 28
$1,097,500 1,320 0.5 - 1 acre 3 2 69 1 4 66