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 October 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

$943,500

$629/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$143,500(+17.9%)

Key Takeaway

Homes in Tujunga have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Tujunga was $943,500 in October 2024, up 17.9% from last year, and the median price per square foot was $629.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $495K$627.5K
+26.8%
2 $675K$705K
+4.4%
3 $845K$960K
+13.6%
4 $1.0M$1.2M
+19.0%
5+ $1.4M$1.2M
-13.6%

Summary: Tujunga housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.8%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 13.6%.

Median Sold Price Compared To Nearby Neighborhoods

Tujunga
+17.9%
Shadow Hills
+8.4%
Crescental Highlands
+7.6%
Sunland
+6.0%
The Verdugos
+5.9%

Housing Supply in Tujunga, CA

How many homes are available in Tujunga, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5158+13.7%

Summary: The Tujunga real estate market had 58 homes for sale in October 2024, a 13.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1115
+36.4%
3 2627
+3.8%
4 1213
+8.3%
5+ 11
0.0%

Summary: The Tujunga housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tujunga, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Tujunga in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 27% were sold under asking, 7% were sold at asking, and 67% 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

Oct 2023Oct 2024CHANGE
34 Days22 Days-34.9%

Summary: Homes in Tujunga had an average of 22 days on market in Oct 2024, down by 34.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 15 homes were sold in Tujunga; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% 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 4 Days Ago

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