Home Sales Down in Sylmar Real Estate Market

The Sylmar market slowed with a 10.2% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (49.6) with 53 homes sold. Meanwhile, the Northridge neighborhood reported 75 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Sylmar, and for this period the median sales price slid from $439,000 to $435,000. There are only three months of inventory available in Sylmar, so it's a seller's market, even with the decrease in sales.

Trying to find a more traditional home in Sylmar? Then check out these listings that were built before most others in the market:

$399K   $400K   $439K  

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

Demographic facts for Sylmar:

  • The population growth rating is 61. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 257.5 physicians.
  • The health cost index score in this area is 110.6. (100 = national average)
  • Residents who travel to work by car account for 73.8% of all commuters, while carpools account for 18.4%, and public transit makes up 3.2%.

Data reported through 10/19/2016

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