Is Arleta, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arleta is a seller's market

Buyer's
Market

Difference Since November 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

$775,000

$553/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$52,500(+7.3%)

Key Takeaway

Homes in Arleta have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Arleta was $775,000 in November 2024, up 7.3% from last year, and the median price per square foot was $553.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $671.2K$660K
-1.7%
3 $710K$750K
+5.6%
4 $773K$865K
+11.9%
5+ $1.0M$975K
-11.0%

Summary: Arleta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 11%.

Median Sold Price Compared To Nearby Neighborhoods

Sun Valley
+12.2%
Mission Hills
+8.9%
Arleta
+7.3%
Pacoima
+6.9%
The San Fernando Valley
+6.7%

Housing Supply in Arleta, CA

How many homes are available in Arleta, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
34340.0%

Summary: The Arleta real estate market had 34 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2022
+10.0%
4 44
0.0%
5+ 74
-42.9%

Summary: The Arleta housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arleta, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Arleta in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% 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

Nov 2023Nov 2024CHANGE
11 Days13 Days+26.4%

Summary: Homes in Arleta had an average of 13 days on market in Nov 2024, up by 26.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Arleta; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

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