The number of sellers reducing prices in the Arleta market trended up to 12 over the last 30 days, extending a six-week streak. During the same period, 18 sales were completed. With the trend projected to continue over the next few weeks, price reductions are expected to rise even further. The median sales price rose to $380,000 over the latest reporting period for Arleta, up from $371,000. The rising sales and a low three months of inventory point to Arleta being a seller's market.
Looking to get the most out of your money? Check out these bargain listings in Arleta that recently had price cuts:
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