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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chatsworth is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Chatsworth has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Chatsworth, CA

How much do homes in Chatsworth, CA cost?

Median Sold Price

$1,095,783

$521/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$150,583(+15.9%)

Key Takeaway

Homes in Chatsworth have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Chatsworth was $1,095,783 in November 2024, up 15.9% from last year, and the median price per square foot was $521.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $385K$420K
+9.1%
2 $566K$625K
+10.4%
3 $840K$840K
0.0%
4 $1.0M$1.1M
+10.6%
5+ $1.9M$2.1M
+9.0%

Summary: Chatsworth housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 10.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Neighborhoods

Chatsworth
+15.9%
Porter Ranch
+11.6%
Winnetka
+8.0%

Housing Supply in Chatsworth, CA

How many homes are available in Chatsworth, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
149144-3.4%

Summary: The Chatsworth real estate market had 144 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1914
-26.3%
3 2728
+3.7%
4 4245
+7.1%
5+ 6157
-6.6%

Summary: The Chatsworth 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 decreased by 26.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 6.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3427-20.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chatsworth, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Chatsworth in November 2024, down by 20.6% month-over-month. Of the 27 sold homes, 37% were sold under asking, 22% were sold at asking, and 41% were sold over asking.

Days on Market for Chatsworth, CA

How long does it take to sell a home in Chatsworth, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days37 Days+34.7%

Summary: Homes in Chatsworth had an average of 37 days on market in Nov 2024, up by 34.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 27 homes were sold in Chatsworth; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% 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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