Is San Fernando, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, San Fernando has remained a Seller's Market.
Housing Prices in San Fernando, CA
How much do homes in San Fernando, CA cost?
Median Sold Price
$720,000
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in San Fernando was $720,000 in June 2024, up 7.5% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $485K | $494.5K | +2.0% |
2 Bedrooms | $575K | $540K | -6.1% |
3 Bedrooms | $727.5K | $730K | 0.3% |
4 Bedrooms | $685K | $800K | +16.8% |
5+ Bedrooms | $722.5K | $880K | +21.8% |
Summary: San Fernando housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Cities
San Fernando | $670K | $720K | +7.5% |
San Fernando Valley | $889.4K | $952.2K | +7.1% |
Los Angeles | $957.5K | $1.0M | +4.7% |
Housing Supply in San Fernando, CA
How many homes are available in San Fernando, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Summary: The San Fernando real estate market had 29 homes for sale in June 2024, a 3.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The San Fernando housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in San Fernando in June 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for San Fernando, CA
How long does it take to sell a home in San Fernando, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
24 Days | 12 Days | -50.8% |
Summary: Homes in San Fernando had an average of 12 days on market in Jun 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 7 homes were sold in San Fernando; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.