• calendar_month February 19, 2024
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Market Update 91342

Nestled in the picturesque San Fernando Valley of Los Angeles, Sylmar 91342 beckons with its scenic landscapes, rich cultural tapestry, and vibrant community spirit. As we venture into February 2024, let's delve into the pulse of the local real estate market, unraveling key insights into active listings, median prices, and recent trends shaping the neighborhood.

Active Listings and Median Listing Price: Sylmar 91342 boasts a robust real estate landscape, with 31 active listings offering prospective buyers a diverse array of housing options. The median listing price, standing at $865,000, reflects the allure of this dynamic enclave and the desirability of its residential offerings. From cozy bungalows to contemporary estates, there's something to suit every taste and lifestyle within this thriving community.

Price Per Square Foot: The price per square foot serves as a pivotal metric for evaluating the relative value and affordability of properties. At $622 per square foot, Sylmar 91342 presents an attractive proposition for homebuyers seeking quality craftsmanship and modern amenities amidst the backdrop of scenic vistas and verdant surroundings.

Homes Sold and Median Sold Price: In February 2024, Sylmar 91342 witnessed the sale of 11 homes, reflecting a dynamic marketplace where properties garner swift interest from eager buyers. The median sold price, standing at $750,000, underscores the value and affordability of homes within this vibrant neighborhood, making it an appealing destination for individuals and families seeking a blend of comfort and convenience.

Average Time on Market: The average time on the market, measured in days, offers valuable insights into the pace of sales and market dynamics. With an average of 12 days on the market, Sylmar 91342 reflects a bustling marketplace where properties transition swiftly from listing to sale, underscoring the strong demand and competitive nature of the local real estate landscape.

As prospective buyers and sellers navigate the dynamic terrain of Sylmar 91342's real estate market, it's essential to partner with experienced professionals who understand the nuances of the local community and can offer valuable insights and guidance. Whether you're in search of your dream home or considering strategic investment opportunities, leveraging expertise and market intelligence can empower you to make informed decisions that align with your goals and aspirations.

In essence, Sylmar 91342 embodies the essence of Southern California living, offering residents a harmonious blend of urban convenience and suburban tranquility. As February unfolds, may the spirit of exploration and possibility inspire you to embark on a journey of discovery and fulfillment in Sylmar 91342, where every street is infused with the magic of home.

As February unfolds, may the spirit of exploration and possibility guide you on your quest for the perfect place to call home in Sylmar 91342, where the promise of vibrant living and enduring community awaits.

Lucy Zohrabi

Lucy Zohrabi

JohnHart Real Estate

DRE - 02060911
Direct - 818.731.1266, Office - 818.246.1099

Contact Lucy Today!