Pango Group

Canoga Park, CA

Single-Family Homes

www.pangogroup.com



Canoga Park, CA

Sun Mar 03 2024
This week the median list price for Canoga Park, CA is $1,028,999 with the market action index hovering around 70. This is an increase over last month's market action index of 65. Inventory has increased to 22. Click here to stay informed with the Canoga Park 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.

Canoga Park, CA

Sun Mar 03 2024
This week the median list price for Canoga Park, CA is $1,028,999 with the market action index hovering around 70. This is an increase over last month's market action index of 65. Inventory has increased to 22. Click here to stay informed with the Canoga Park 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 Canoga Park market.
Median List Price $1,028,999
Median Price of New Listings $934,999
Per Square Foot $528
Average Days on Market 20
Median Days on Market 7
Price Decreased 9%
Price Increased 0%
Relisted 0%
Inventory 22
Median Rent
Market Action 70
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
$1,399,000 2,690 0.25 - 0.5 acre 4 3 63 0 0 14
$1,199,000 2,304 0.25 - 0.5 acre 4 3 58 2 1 7
$972,500 1,523 8,000 - 10,000 sqft 3 2 66 2 2 7
$769,500 1,361 6,500 - 8,000 sqft 3 2 66 2 2 7