Pango Group

Tujunga, CA

Single-Family Homes

www.pangogroup.com



Tujunga, CA

Sun Jul 14 2024
This week the median list price for Tujunga, CA is $1,099,888 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has decreased to 25. Click here to stay informed with the Tujunga market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Tujunga, CA

Sun Jul 14 2024
This week the median list price for Tujunga, CA is $1,099,888 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has decreased to 25. Click here to stay informed with the Tujunga market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tujunga market.
Median List Price $1,099,888
Median Price of New Listings $699,000
Per Square Foot $623
Average Days on Market 69
Median Days on Market 28
Price Decreased 32%
Price Increased 8%
Relisted 20%
Inventory 25
Median Rent
Market Action 53
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,674,999 2,164 0.5 - 1 acre 3 2 64 0 0 31
$1,264,500 2,043 6,500 - 8,000 sqft 3 3 48 0 3 28
$997,000 1,621 8,000 - 10,000 sqft 3 2 69 0 3 28
$699,000 1,384 4,500 - 6,500 sqft 3 2 97 1 2 49