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 October 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

$1,084,925

$521/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$153,925(+16.5%)

Key Takeaway

Homes in Chatsworth have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Chatsworth was $1,084,925 in October 2024, up 16.5% from last year, and the median price per square foot was $521.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $385K$420K
+9.1%
2 $568K$620K
+9.2%
3 $840K$840K
0.0%
4 $1.0M$1.1M
+12.4%
5+ $1.9M$2.0M
+9.0%

Summary: Chatsworth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 9.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Neighborhoods

Chatsworth
+16.5%
Winnetka
+7.9%
Porter Ranch
+6.5%

Housing Supply in Chatsworth, CA

How many homes are available in Chatsworth, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
157165+5.1%

Summary: The Chatsworth real estate market had 165 homes for sale in October 2024, a 5.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2016
-20.0%
3 3128
-9.7%
4 4049
+22.5%
5+ 6471
+10.9%

Summary: The Chatsworth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 10.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32320.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chatsworth, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Chatsworth in October 2024, the same as the previous month. Of the 32 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% 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

Oct 2023Oct 2024CHANGE
32 Days36 Days+12.8%

Summary: Homes in Chatsworth had an average of 36 days on market in Oct 2024, up by 12.8% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 32 homes were sold in Chatsworth; 59% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 6% 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 20 Days Ago

Newest Listings in Chatsworth, CA

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