Pango Group

Tujunga, CA

Single-Family Homes

www.pangogroup.com



Tujunga, CA

Sun Apr 14 2024
This week the median list price for Tujunga, CA is $1,209,000 with the market action index hovering around 58. This is less than last month's market action index of 60. Inventory has increased to 14. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tujunga, CA

Sun Apr 14 2024
This week the median list price for Tujunga, CA is $1,209,000 with the market action index hovering around 58. This is less than last month's market action index of 60. Inventory has increased to 14. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tujunga market.
Median List Price $1,209,000
Median Price of New Listings $598,888
Per Square Foot $826
Average Days on Market 103
Median Days on Market 25
Price Decreased 29%
Price Increased 0%
Relisted 7%
Inventory 14
Median Rent
Market Action 58
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,799,999 1,748 0.5 - 1 acre 3 2 61 1 1 105
$1,299,999 1,757 0.5 - 1 acre 3 2 69 0 0 49
$1,198,944 1,362 0.25 - 0.5 acre 2 2 75 0 1 21
$624,444 1,046 4,500 - 6,500 sqft 2 1.5 97 2 4 3