Van Nuys, CA Home Values & Market Trends
Real estate market trends reflect that there have been 790 transactions over the past year in Van Nuys. The median value for residential home transactions that occurred over the previous year is $874,057.9. The number of current listings in Van Nuys is 91, and the percentage of properties for sale in the city is 91.00%. Van Nuys, CA currently has 41 properties in foreclosure, 3 bank owned properties, 17 properties headed for auction, and 91 properties for sale.
Van Nuys, CA Real Estate Market Overview
Housing Market Summary for Van Nuys, CA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $882K | $882.1K | 0.01% |
Median Sold Price | $912.6K | $882.1K | -3.34% |
Homes For Sale | 52 | 89 | 71.15% |
Homes Sold | 732 | 750 | 2.46% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Van Nuys, CA
Browse Homes in Van Nuys, CA
Van Nuys home values range from $126,963 to $3,581,000. The median estimated value of a home in Van Nuys is $874,057.9. The median list price of a home is 879,000, and the total count of properties in the city is 22,123.
- Pre-ForeclosurePre-foreclosure homes account for 0.09% of all residential properties in Van Nuys, CA with 91406 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Van Nuys, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,116,750 in 91401 to the lowest home value of $422,000 in 91411.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Van Nuys, CA ranges from the highest value of $1,059,950 in 91406 to the lowest value of $797,500 in 91406. Bank owned homes and properties account for 0.01% of properties in Van Nuys, CA. There are 4 zips within Van Nuys, CA; 91406 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions91405 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Van Nuys, CA. Auction homes and other auction properties account for 0.08% of all properties in Van Nuys, CA. There are 4 zips within Van Nuys, CA; of those zips, the median estimated home value for homes going to auction ranges from $874,000 in 91411 to the lowest value of $459,750 in 91411.
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Guide for Van Nuys, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.