New Weakening in Contracts for Pacoima Real Estate Market

Sales fell to 17 homes sold in the Pacoima market over the last 30 days. Furthermore, a solid downturn in the number of pending transactions continued, with nine completed in the same period. Prices are rising in Pacoima, and the median sales price this period increased from $411,000 to $420,000. With only three months of inventory to sell, Pacoima is a still seller's market, even after taking into consideration the falling contracts numbers.

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Demographic facts for Pacoima:

  • This area has a total of 4,595 households.
  • The unemployment rate is 12.5%.
  • The average school expenditure per student is $5,799. ($5,691 = national average)

Data reported through 1/11/2017


Ask a local expert about this area:
Rodeo Realty
4 reviews
Century 21 Peak
Snapped 2 homes in this area
Berkshire Hathaway Homeservices
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
77 snaps in this area
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