Is Arleta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Arleta was a Seller's Market.
Housing Prices in Arleta, CA
How much do homes in Arleta, CA cost?
Median Sold Price
$735,000
$534/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Arleta was $735,000 in March 2024, up 0.7% from last year, and the median price per square foot was $534.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $447.5K | $676.2K | +51.1% |
3 Bedrooms | $725K | $735K | +1.4% |
4 Bedrooms | $760K | $815.3K | +7.3% |
5+ Bedrooms | $870K | $1.0M | +19.8% |
Summary: Arleta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 19.8%.
Median Sold Price Compared To Nearby Neighborhoods
Pacoima | $650K | $675K | +3.8% |
The San Fernando Valley | $878.1K | $897.4K | +2.2% |
Arleta | $730K | $735K | +0.7% |
Sun Valley | $761K | $765K | 0.5% |
Mission Hills | $761K | $762K | 0.1% |
Housing Supply in Arleta, CA
How many homes are available in Arleta, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 30 | -3.2% |
Summary: The Arleta real estate market had 30 homes for sale in March 2024, a 3.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 17 | 13 | -23.5% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Arleta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Arleta in March 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Arleta, CA
How long does it take to sell a home in Arleta, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 29 Days | -19.8% |
Summary: Homes in Arleta had an average of 29 days on market in Mar 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Arleta; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.