$10,000 Closing Credit*
$949,999
1,660 SqFt
3 Beds
•2 Full Baths
Edmond Hartoonians, Listing Office: Equity Union
Is Arleta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Arleta has remained a Seller's Market.
Key Takeaway
Arleta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arleta, CA
How much do homes in Arleta, CA cost?
Median Sold Price
$764,975
$534/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$34,975(+4.8%)
Key Takeaway
Homes in Arleta have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Arleta was $764,975 in August 2024, up 4.8% from last year, and the median price per square foot was $534.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $582.5K | $670K | +15.0% |
| 3 Bedrooms | $720K | $750K | +4.2% |
| 4 Bedrooms | $759.6K | $862.4K | +13.5% |
| 5+ Bedrooms | $851K | $1.0M | +19.1% |
Summary: Arleta housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 19.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Pacoima | $640K | $695.6K | +8.7% |
| The San Fernando Valley | $860K | $930.8K | +8.2% |
| Mission Hills | $753.5K | $814K | +8.0% |
| Sun Valley | $745K | $800K | +7.4% |
| Arleta | $730K | $764.9K | +4.8% |
Housing Supply in Arleta, CA
How many homes are available in Arleta, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The Arleta real estate market had 41 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Arleta housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 13 | +333.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arleta, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Arleta in August 2024, up by 333.3% month-over-month. Of the 13 sold homes, 15% were sold under asking, 15% were sold at asking, and 69% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 21 Days | 19 Days | -8.9% |
Summary: Homes in Arleta had an average of 19 days on market in Aug 2024, down by 8.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arleta are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 13 homes were sold in Arleta; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.