$10,000 Closing Credit*
$869,000
1,666 SqFt
4 Beds
•2 Full Baths
Joey Menendez, Listing Office: Realty One Group United
Is Arleta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$550/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+6.9%)
Key Takeaway
Homes in Arleta have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Arleta was $775,000 in October 2024, up 6.9% from last year, and the median price per square foot was $550.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $650K | $665K | +2.3% |
| 3 Bedrooms | $715K | $759.9K | +6.3% |
| 4 Bedrooms | $766.5K | $865K | +12.9% |
| 5+ Bedrooms | $946.5K | $980K | +3.5% |
Summary: Arleta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Sun Valley | $737K | $825K | +11.9% |
| Mission Hills | $753.5K | $820K | +8.8% |
| The San Fernando Valley | $870.2K | $937.5K | +7.7% |
| Pacoima | $650.5K | $700K | +7.6% |
| Arleta | $725K | $775K | +6.9% |
Housing Supply in Arleta, CA
How many homes are available in Arleta, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 33 | -23.3% |
Summary: The Arleta real estate market had 33 homes for sale in October 2024, a 23.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 25 | 19 | -24.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Arleta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 24%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 8 | -52.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arleta, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Arleta in October 2024, down by 52.9% month-over-month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 21 Days | +40.2% |
Summary: Homes in Arleta had an average of 21 days on market in Oct 2024, up by 40.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 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 October 2024, 8 homes were sold in Arleta; 75% of homes were sold within 30 days, 25% 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.