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| Homes for Sale | Oct '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes for Sale | 162 |
2.5%
|
29.3%
|
| For Sale by Owner | 1 | 0% |
80%
|
| Median List Price | $320K |
6.7%
|
7.2%
|
| Median List $/SqFt. | $235 |
3.5%
|
10%
|
| Homes Sold | Aug '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes Sold | 52 |
20.9%
|
136.4%
|
| Median Sold Price | $300K |
11.8%
|
18.9%
|
| Median Sold $/SqFt. | $230 |
12.7%
|
17.1%
|
| % Sale to List | 101.6% |
3%
|
1.8%
|
How to Use This Data
Learn more about how this listing data and sold data can help you get a better understanding of market trends.
Should I Wait for a Price Reduction?
How should I use this?
Gray bars show homes that went off market with no price reductions.
Blue bars indicate one or more reductions.
Learn more about this data.
| Price Reductions |
House
|
Condo
|
Both
|
| Days on Redfin | 28 | 61 | 35 |
| % Homes with Reductions | 19.2% | 39.1% | 22.4% |
| # Of Reductions | 1 | 1 | 1 |
| Total % Reduction | 8.6% | 4% | 6.1% |
Based on homes sold or taken off the market between
Aug 25 and Nov 23.
Learn more about this data.
Neighborhoods Near Lake Balboa / West Van Nuys
| Nearby Neighborhood | Median List $ | $/Sq. Ft. | % Sale to List |
| Lake Balboa / West Van Nuys | $320K | $236 | 102.6% |
| Woodley | $1,200K | $412 | - |
| South Valley | $449K | $286 | 98.6% |
| Van Nuys | $295K | $211 | 101.1% |
| Encino | $749K | $349 | 97.3% |
| Reseda | $300K | $218 | 99.6% |
| North Hills West | $395K | $226 | 101.7% |
| North Hills | $334K | $201 | 100.6% |
| North Hills East | $250K | $152 | 100.7% |
| Northridge | $576K | $250 | 98.3% |
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