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| Homes for Sale | Sep '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes for Sale | 2,547 |
2%
|
46%
|
| For Sale by Owner | 56 |
9.8%
|
50%
|
| Median List Price | $410K |
2.7%
|
4.5%
|
| Median List $/SqFt. | $274 |
2.2%
|
4.9%
|
| Homes Sold | Jul '09 | vs. Prev. Month | vs. Prev. Year |
| # Homes Sold | 908 |
11.4%
|
1.4%
|
| Median Sold Price | $350K |
4.1%
|
10.3%
|
| Median Sold $/SqFt. | $243 |
2%
|
11%
|
| % Sale to List | 99.6% |
0.5%
|
2.5%
|
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 | 46 | 53 | 48 |
| % Homes with Reductions | 31% | 28.9% | 30.4% |
| # Of Reductions | 1 | 1 | 1 |
| Total % Reduction | 9.3% | 9.4% | 9.3% |
Based on homes sold or taken off the market between
Jul 28 and Oct 26.
Learn more about this data.
Neighborhoods Near South Valley
| Nearby Neighborhood | Median List $ | $/Sq. Ft. | % Sale to List |
| South Valley | $459K | $288 | 98.2% |
| Encino | $800K | $352 | 96.8% |
| Lake Balboa / West Van Nuys | $319K | $241 | 100.7% |
| Woodley | $950K | $363 | - |
| Tarzana | $850K | $316 | 99.4% |
| Reseda | $299K | $215 | 97.9% |
| Van Nuys | $295K | $211 | 98.8% |
| Winnetka | $330K | $214 | 97.8% |
| Warner Center | $424K | $288 | - |
| North Hills West | $392K | $229 | 103.8% |
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