New Weakening in Contracts for Panorama City Real Estate Market

Over the last 30 days, the Panorama City market had a lift in home sales with 17. But as sales edged up, the number of pending transactions continued to decline, with a total of 14 contracts during the same period. Potential buyers should note that prices are coming down in Panorama City, and for this period the median sales price slid from $450,000 to $445,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Panorama City is a definite seller's market.

Curious as to which homes have been getting the most attention in Panorama City? These listings have stirred up interest and produced the most views:

$399K   $435K   $269K  

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

Demographic facts about Panorama City:

  • The median age of all homes in the area is 53 years old.
  • The rating in which jobs are expected to grow is 46. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,891. ($5,691 = national average)

Data reported through 10/12/2016

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Rodeo Realty
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Keller Williams Realty
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