• In 2015, more than 6,000 single-family sales will have closed in the San Fernando Valley.
  • The market's median home price remains above $500,000.
  • Condo values are up noticeably from a year ago.

Affordability issues and a lack of inventory continue to limit resale activity in the San Fernando Valley. During November 458 single-family homes sold, a month-over-month drop of 65 sales. The noticeable drop in activity occurred following a period, March to October, when monthly resale totals consistently eclipsed 500. The top month this year for single-family sales was July, with 603 closings.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top