LA submarket harvests gains prior to winter

  • Affordability issues and slowing sales activity are likely to negatively impact home prices moving forward.
  • Multiple buyers are no longer competing for quality properties.
  • Single-family homes account for roughly 70 percent of all listings in the submarket.

Get Smarter. Grow Your Referral Network.
Limited seating available for Inman Connect San Francisco

The San Fernando Valley submarket entered its seasonal slowdown in a much better position than a year ago. According to the Southland Regional Association of Realtors, during October the median price of a single-family home was $562,000 – up 7.9 percent year-over-year.