Is San Fernando, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Fernando is a seller's market

Buyer's
Market

Difference Since October 2021

At the same time last year, San Fernando was a Neutral Market.

Key Takeaway

San Fernando is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in San Fernando, CA cost?

Median Sold Price

$690,000

$533/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$97,500(+16.5%)

Key Takeaway

Homes in San Fernando have sold for 16.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $532.5K$600K
+12.7%
3 $599.9K$720K
+20.0%
4 $702.5K$795K
+13.2%
5+ $739K$831K
+12.4%

Median Sold Price Compared To Nearby Cities

San Fernando
+16.5%
San Fernando Valley
+9.4%
Los Angeles
+9.1%

How many homes are available in San Fernando, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
2019-5.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 47
+75.0%
3 129
-25.0%
4 33
0.0%
5+ 10
-100.0%

Number of Homes Sold

Sep 2022Oct 2022%
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Fernando, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
16 Days34 Days+117.2%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Fernando are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About San Fernando, CA

There are 19 homes are for sale in San Fernando, CA real estate market. The number of listings in San Fernando, CA decreased by 5% between September 2022 and October 2022. The median list price of listings available in October 2022 was $690,000, while the average time on the real estate market was 34 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 12.7%, prices of 3 bedrooms properties increased by 20%, 4 bedrooms properties prices increased by 13.2%, prices of 5 bedrooms properties increased by 12.4%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went up by 75%, volume of 3 bedrooms homes went down by 25%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes decreased by 100%. In October 2022, from all listings sold in San Fernando, CA there were more than 3 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.

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