Pango Group

Pacoima, CA 91331

Single-Family Homes

www.pangogroup.com



Pacoima, CA 91331

Tue Jul 16 2024
This week the median list price for Pacoima, CA 91331 is $825,000 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has decreased to 19. Click here to stay informed with the Pacoima market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Pacoima, CA 91331

Tue Jul 16 2024
This week the median list price for Pacoima, CA 91331 is $825,000 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has decreased to 19. Click here to stay informed with the Pacoima market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Pacoima market.
Median List Price $825,000
Median Price of New Listings $824,000
Per Square Foot $549
Average Days on Market 25
Median Days on Market 21
Price Decreased 5%
Price Increased 16%
Relisted 0%
Inventory 19
Median Rent
Market Action 73
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift 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
$1,137,500 2,219 8,000 - 10,000 sqft 4 2.5 72 1 0 42
$890,000 1,751 6,500 - 8,000 sqft 5 3 74 1 3 28
$759,999 1,283 4,500 - 6,500 sqft 3 2 71 2 3 14
$630,000 1,080 6,500 - 8,000 sqft 3 2 74 0 2 7