Real Estate Market Update for 91401 (Van Nuys, CA)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 10% from one year earlier and down 37% from the previous month Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month... was just over 660-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 29% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 380-thousand dollars. The number of units sold Decreased 47% year-over-year and held steady month-over-month Even though sales figures were down from a year ago, the current inventory of excellent listings remains strong. 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 91401 (Van Nuys, CA)
Area Information for 91401 (Van Nuys, CA)
  • Community Character: Moderate Residential Turnover
  • Population: 40,896
  • Median Age: 33.53 yr
  • Median Commute Time: 29.11 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 115
  • Sales Tax: 11%
  • Population Density: 11,504/sq mi
  • Population Change Since 2000: -1%
  • Closest Airport: Bob Hope
  • Closest College: Kings College And Seminary
  • Closest Jr. College: Los Angeles Valley College
  • Median Household Income: $53,346
  • Annual Residential Turnover: 20.11%
  • Median Years in Residence: 2.76 yr
  • Median Home Sales Price: $396,888
  • Closest Major Sports Team: Los Angeles Dodgers
  • Change Avg. Household Income Since 2000: 52%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 91401 (Van Nuys, CA)
Median Age: 33.53 Married: 35% Number of Households: 15,144 Households with Children: 5,263
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 91401 (Van Nuys, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Montessori House Of Children 0.4 mi Private PRESCHOOL-1 0 0
      Erwin Elementary School 0.5 mi Public K-5 2 3
      Laurence School 0.6 mi Private K-6 0 4
      Abc Little School 0.7 mi Private PRESCHOOL-2 0 4
      Village Glen School 0.9 mi Private K-12 0 4
      Bridgeport School 0.9 mi Private K-12 0 0
      Sunrise School 0.9 mi Private K-1 0 4
      Kittridge Street Elementary School 0.9 mi Public K-5 3 4
      Chandler Elementary School 0.9 mi Public K-5 4 3
      Ulysses S. Grant Senior High School 0.9 mi Public 9-12 2 3
      Jack London Continuation School 1.0 mi Public 9-12 1 5
      Jack London Community Day School 1.0 mi Public 9-12 1 3
      Van Nuys Elementary School 1.1 mi Public PRESCHOOL-5 1 3
      Ararat Charter School 1.2 mi Public K-5 3-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 91401 (Van Nuys, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.