Justin Tye

San Fernando, CA

Single-Family Homes

Active Realty I REAL



San Fernando, CA

Fri Jun 21 2024
This week the median list price for San Fernando, CA is $874,500 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 12. Click here to stay informed with the San Fernando market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

San Fernando, CA

Fri Jun 21 2024
This week the median list price for San Fernando, CA is $874,500 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 12. Click here to stay informed with the San Fernando market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Fernando market.
Median List Price $874,500
Median Price of New Listings $774,995
Per Square Foot $586
Average Days on Market 53
Median Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent
Market Action 57
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,085,000 2,086 4,500 - 6,500 sqft 3 3 85 0 0 189
$925,000 1,627 6,500 - 8,000 sqft 4 2 74 0 0 21
$790,000 1,496 4,500 - 6,500 sqft 3 2 83 3 0 0
$679,990 958 6,500 - 8,000 sqft 2 1 78 1 2 7