Sylmar Real Estate Market Hits Price Cuts High Point

last October was the last time there were so many price reductions in the Sylmar market, with 42 reported over the last 30 days. The market also had 57 homes change hands. In comparison, Northridge county led all other close-by neighborhoods with 80 price reductions. Prices are falling in Sylmar, and this period the median price of all sales fell from $447,000 to $439,000. With only two months of inventory, Sylmar is still a definite seller's market, despite the rising price reductions.

With these listings in Sylmar recently dropping in price, this may be the last time to see them before they come off the market:

$499K   $655K   $795K  

Get started right now by checking out Sylmar homes for sale or reviewing Sylmar real estate trends.

Demographic facts about Sylmar:

  • The average elevation is 1,221 feet.
  • The median income is $56,825 per household.
  • There are 733 students for every counselor. (513 = national average)

Data reported through 10/12/2016

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Rodeo Realty
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