Pango Group

West Hills, CA

Single-Family Homes

www.pangogroup.com



West Hills, CA

Sun Mar 03 2024
This week the median list price for West Hills, CA is $1,399,000 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has held steady at or around 25. Click here to stay informed with the West Hills 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.

West Hills, CA

Sun Mar 03 2024
This week the median list price for West Hills, CA is $1,399,000 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has held steady at or around 25. Click here to stay informed with the West Hills 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 West Hills market.
Median List Price $1,399,000
Median Price of New Listings $994,950
Per Square Foot $617
Average Days on Market 72
Median Days on Market 14
Price Decreased 24%
Price Increased 4%
Relisted 8%
Inventory 25
Median Rent
Market Action 54
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
$4,049,499 5,622 1 - 2.5 acres 5 5.5 20 0 0 126
$1,697,444 3,033 0.25 - 0.5 acre 5 4.5 47 1 1 45
$1,287,000 2,112 8,000 - 10,000 sqft 3 2.8 49 2 1 28
$949,900 1,449 6,500 - 8,000 sqft 4 2 65 5 4 0