While the Southland Association of Realtors (SRAR) recently stated that median home prices in the San Fernando Valley have hit a temporary plateau; declining supply, high demand and recent month-over-month price growth indicate new price peaks may be reached in the valley come this summer.
- There is 2.8 months of supply in the San Fernando Valley.
- January condo values are only $7,500 from their previous peak.
- The valley median single-family home price could surpass $600,000 this summer.
Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018