Northridge Real Estate Market Sees Sales Fall

The Northridge remained below its 12-month average sales volume this week as sales fell 21.0% to hit 49 homes sold over the last 30 days. In comparison, the Van Nuys neighborhood had 65 sales in the same time frame, the most of all neighborhoods in the area. Prices are falling in Northridge, and this period the median price of all sales fell from $549,750 to $530,000. There are only three months of inventory available in Northridge, so it's a seller's market, even with the decrease in sales.

Looking for adequate space in your home? Check out these listings in Northridge that provide large living areas:

$3.1M   $2M   $1.5M  

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

Demographic facts for Northridge:

  • The current population is 73,432.
  • The safety rating here is 58. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 33 minutes.

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Keller Williams Realty
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Coldwell Banker Gene Armstrong
Snapped 4 homes in this area
THE ROCKnROLL REALTOR
Snapped 3 homes in this area

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