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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tujunga is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Tujunga, CA

How much do homes in Tujunga, CA cost?

Median Sold Price

$935,000

$640/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$126,250(+15.6%)

Key Takeaway

Homes in Tujunga have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in Tujunga was $935,000 in November 2024, up 15.6% from last year, and the median price per square foot was $640.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $503.5K$627.5K
+24.6%
2 $675K$710K
+5.2%
3 $850K$950K
+11.8%
4 $1.0M$1.2M
+19.0%
5+ $1.4M$1.2M
-15.3%

Summary: Tujunga housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Neighborhoods

Tujunga
+15.6%
Crescental Highlands
+6.9%
Sunland
+5.5%
The Verdugos
+5.4%
Shadow Hills
+4.4%

Housing Supply in Tujunga, CA

How many homes are available in Tujunga, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
53530.0%

Summary: The Tujunga real estate market had 53 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1516
+6.7%
3 2423
-4.2%
4 1212
0.0%
5+ 11
0.0%

Summary: The Tujunga 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 6.7%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tujunga, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Tujunga in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Tujunga, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days24 Days+41.5%

Summary: Homes in Tujunga had an average of 24 days on market in Nov 2024, up by 41.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Tujunga; 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.

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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