Sales Decline in Northridge Real Estate Market

While home sales in the Northridge market have been above average, in this week's report they dropped 9.6% to 75 homes sold over the last 30 days. Meanwhile, the Encino neighborhood reported 67 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices went up in Northridge, with the median for this period rising from $549,950 to $575,000. With only two months of inventory to sell, Northridge is a definite seller's market, in spite of the dip in sales.

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

$419K   $719K   $450K  

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

Demographic facts for Northridge:

  • This area has a rating of 61 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 257.5 physicians.
  • This area has a health cost index score of 110.6. (100 = national average)
  • The breakdown of residents commuting to work is 73.9% by car, 12.3% by carpool, and 4.2% by public transit.

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty
10 reviews
Real Estate eBroker Inc.
Snapped 5 homes in this area
Calfornia Homes Network
Snapped 15 homes in this area

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