Real Estate Market Update for 91401 (Van Nuys, CA)

Video: Real Estate Community Tour for 91401 (Van Nuys, CA)

See Real estate community tour for 91401 (Van Nuys, CA)
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 6% from one year earlier, and up 6% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 700-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 24%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 740-thousand dollars. The number of units sold decreased 80% year-over-year, and decreased 50% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for 91401 (Van Nuys, CA)
Area Information for 91401 (Van Nuys, CA)
  • Population: 40,732
  • Median Age: 37.61 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 11,795/sq mi
  • Population Change Since 2000: .73%
  • Closest Airport: Bob Hope
  • Closest College: The Kings College And Seminary
  • Closest Jr. College: Los Angeles Valley College
  • Median Household Income: $49,893
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $575,000
  • Closest Major Sports Team: Los Angeles Dodgers
  • Change Avg. Household Income Since 2000: 34.84%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 91401 (Van Nuys, CA)
Median Age: 37.61 Married: 32% Number of Households: 14,936 Households with Children: 4,691
    • 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 School 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 0
      Laurence School 0.6 mi Private K-6 0 0
      Abc Little School 0.7 mi Private PRESCHOOL-1 0 0
      Sunrise School 0.8 mi Private K-12 0 0
      Village Glen 0.8 mi Private K-12 0 0
      Bridgeport 0.8 mi Private K-12 0 0
      Kittridge Street Elementary School 0.9 mi Public PRESCHOOL-5 2 0
      Chandler Learning Academy 0.9 mi Public K-5 4 0
      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 0
      Jack London Community Day School 1.0 mi Public 9-12 0 0
      Van Nuys Elementary School 1.1 mi Public PRESCHOOL-5 0 0
      Ararat Charter School 1.2 mi Public K-5 3 0
      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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 91401 (Van Nuys, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.