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Real Estate Market Update for Pacoima CA Jan/2014

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Real Estate Agent with Equity Union BRE # 01828994

Real Estate Market Update for Pacoima CA Jan/2014

pacoima map

Pacoima is a city in the San Fernando Valley, Los Angeles county.

Zip codes: 91331, 91333, 91334.

Pacoima is located between Mission Hills(W), San Valley and Shadow Hills(SE), Arleta(NW), and the city of San Fernando(N).

According to the local MLS:

Medan Estimated Home Value: $322,000.

Average Price/sqft: $230.

Median Sale/List price: +102%!!

Change over last month: +8%.

Change over last 12 months: +28%.

27 Homes for Sale( Active sfr)

8 Condos for Sale( Active)

Min LP $90,000 max LP $750,000)

17 are sold in December,

69 are  sold in last 3 months,

105 listings are currently in Escrow( Pending).

Comparing to the same perioud 1 year ago, the median sales home price increased, and the number of home sales decreased. With only two months of inventory to sell, Pacoima is a definite seller's market. 

Want to sell your house? Wait no more! Now it is time to take action and list your house for sale. If you list your home now, chances are you'll have multiple buyers bidding on your home at the same time, making it possible to you to sell your home fast and at top dollar. If you want to sell your house, now would be a good time to take advantage of a strong seller's market.

My team and I are here for you! Call/text: 310-867-0698.

Some helpful links and information:

Pacoima Schools Finder.

Average Monthly Temperature:

Avg. January Min. Temp: 45F vs Max. Temp: 65F

Avg. July Min. Temp: 55F vs  Max. Temp: 95F.

pacoima real estateDemographic Facts.

 

 

 

 

 

 

 

 

 

 

 

Good deal never last long, especially when buyers flood the market in the upcoming spring/summer months. To find the perfect house that will suit your needs, consider working with an experienced local agent. Feel free to ask a question or hire me to arrange fast, free home tour with no obligation.

Get started right now by checking out Pacoima homes fro sale on my website.

 

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This Active Rain post is created by Inna Ivchenko.

Thank you so much for checking my blog,  likes and comments! 

 

                                           

Comments(2)

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AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Inna - A very good overview and analysis of the Pacoima real estate market, you are the natural choice for anyone looking to buy or sell in the community.  Best wishes for a great 2014.

Jan 16, 2014 04:52 AM
Inna Ivchenko
Equity Union - Calabasas, CA
REALTOR® | Residential & Commercial

Thanks AJ!

We are here short on listings in most of areas. Certainly, I can not give any guarantees that the market will continue to improve, but right now I'm seeing bidding wars going on with the houses( it is almost a year now: prices go up. By the end of this year, predicted, it will be another 10% increase in home prices).

Jan 16, 2014 05:52 AM