$8,669 Closing Credit*
$730,000
1,228 SqFt
3 Beds
•1 Full Bath, 1 Partial
Dulce Vazquez, Listing Office: Park Regency Realty
Is Sun Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sun Valley has remained a Seller's Market.
Key Takeaway
Sun Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sun Valley, CA
How much do homes in Sun Valley, CA cost?
Median Sold Price
$827,000
$585/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,000(+12.2%)
Key Takeaway
Homes in Sun Valley have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Sun Valley was $827,000 in November 2024, up 12.2% from last year, and the median price per square foot was $585.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $263.5K | $330K | +25.2% |
| 2 Bedrooms | $575K | $715K | +24.3% |
| 3 Bedrooms | $750K | $820K | +9.3% |
| 4 Bedrooms | $810K | $957K | +18.1% |
| 5+ Bedrooms | $1.0M | $1.1M | +8.4% |
Summary: Sun Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Sun Valley | $737K | $827K | +12.2% |
| Arleta | $722.5K | $775K | +7.3% |
| Pacoima | $655K | $700K | +6.9% |
| North Hollywood | $826.5K | $865K | +4.7% |
| Shadow Hills | $1.0M | $1.0M | +4.4% |
Housing Supply in Sun Valley, CA
How many homes are available in Sun Valley, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 94 | -5.1% |
Summary: The Sun Valley real estate market had 94 homes for sale in November 2024, a 5.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 36 | 35 | -2.8% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Sun Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sun Valley, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Sun Valley in November 2024, the same as the previous month. Of the 17 sold homes, 24% were sold under asking, 24% were sold at asking, and 53% were sold over asking.
Days on Market for Sun Valley, CA
How long does it take to sell a home in Sun Valley, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 28 Days | +26.2% |
Summary: Homes in Sun Valley had an average of 28 days on market in Nov 2024, up by 26.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sun Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Sun Valley; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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.