Real Estate Market Update for
91343 (North Hills, CA)
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 79% from one year earlier and down 19% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just over 350-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 47% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 330-thousand dollars. Overall, The number of units sold Decreased 7% year-over-year and Increased 37% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 91343 (North Hills, CA)
Area Information for 91343 (North Hills, CA)
Community Character:High Percentage of Family Households, Stable Population, Moderate Residential Turnover
Population:61,184
Median Age:33.36 yr
Median Commute Time:27.56 mins
Educational Climate*:3
Recycling Likelihood**:104
Sales Tax:5%
Population Density:10,285/sq mi
Population Change Since 2000:6%
Closest Airport:Bob Hope
Closest College:Ca State University Northridge
Closest Jr. College:Maric College
Median Household Income:$53,878
Annual Residential Turnover:16.36%
Median Years in Residence:3.35 yr
Median Home Sales Price:$290,000
Closest Major Sports Team:Los Angeles Dodgers
Change Avg. Household Income Since 2000:28%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 91343 (North Hills, CA)
Median Age: 33.36Married: 37%Number of Households: 17,190Households with Children: 8,410
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)