Pango Group

Valley Village, CA

Single-Family Homes

www.pangogroup.com



Valley Village, CA

Sun Mar 03 2024
This week the median list price for Valley Village, CA is $1,995,000 with the market action index hovering around 51. This is an increase over last month's market action index of 46. Inventory has decreased to 15. Click here to stay informed with the Valley Village 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.

Valley Village, CA

Sun Mar 03 2024
This week the median list price for Valley Village, CA is $1,995,000 with the market action index hovering around 51. This is an increase over last month's market action index of 46. Inventory has decreased to 15. Click here to stay informed with the Valley Village 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 Valley Village market.
Median List Price $1,995,000
Median Price of New Listings $1,468,000
Per Square Foot $812
Average Days on Market 75
Median Days on Market 63
Price Decreased 53%
Price Increased 13%
Relisted 13%
Inventory 15
Median Rent
Market Action 51
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
$4,999,900 6,000 0.25 - 0.5 acre 6 8 1 0 0 126
$2,989,500 4,101 8,000 - 10,000 sqft 4 3 81 0 3 59
$1,612,500 1,852 6,500 - 8,000 sqft 3 2.5 70 1 0 63
$1,290,000 1,870 4,500 - 6,500 sqft 3 3 67 0 3 42