Pango Group

Reseda, CA

Single-Family Homes

www.pangogroup.com



Reseda, CA

Sun Mar 03 2024
This week the median list price for Reseda, CA is $999,999 with the market action index hovering around 66. This is an increase over last month's market action index of 61. Inventory has decreased to 19. Click here to stay informed with the Reseda 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.

Reseda, CA

Sun Mar 03 2024
This week the median list price for Reseda, CA is $999,999 with the market action index hovering around 66. This is an increase over last month's market action index of 61. Inventory has decreased to 19. Click here to stay informed with the Reseda 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 Reseda market.
Median List Price $999,999
Median Price of New Listings $850,000
Per Square Foot $602
Average Days on Market 59
Median Days on Market 35
Price Decreased 26%
Price Increased 11%
Relisted 11%
Inventory 19
Median Rent
Market Action 66
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,585,000 1,885 0.5 - 1 acre 4 4 83 0 0 77
$1,195,000 1,593 6,500 - 8,000 sqft 3 3 69 0 1 21
$929,000 1,712 6,500 - 8,000 sqft 4 2 70 0 1 77
$849,950 1,574 4,500 - 6,500 sqft 3 2 71 1 5 21