Pango Group

Granada Hills, CA

Single-Family Homes

www.pangogroup.com



Granada Hills, CA

Sun Mar 03 2024
This week the median list price for Granada Hills, CA is $1,225,000 with the market action index hovering around 53. This is an increase over last month's market action index of 48. Inventory has decreased to 33. Click here to stay informed with the Granada Hills 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.

Granada Hills, CA

Sun Mar 03 2024
This week the median list price for Granada Hills, CA is $1,225,000 with the market action index hovering around 53. This is an increase over last month's market action index of 48. Inventory has decreased to 33. Click here to stay informed with the Granada Hills 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 Granada Hills market.
Median List Price $1,225,000
Median Price of New Listings $1,399,900
Per Square Foot $568
Average Days on Market 67
Median Days on Market 28
Price Decreased 30%
Price Increased 12%
Relisted 9%
Inventory 33
Median Rent
Market Action 53
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
$2,874,975 4,473 0.5 - 1 acre 5 5 30 1 0 28
$1,474,250 2,352 0.25 - 0.5 acre 4 3 59 4 1 105
$1,182,500 1,977 0.25 - 0.5 acre 4 2.5 63 3 4 14
$839,000 1,564 6,500 - 8,000 sqft 3 2 71 1 1 42