294 homes in near Daniel Pearl Journalism & Communications Magnet
Homes for Sale near Daniel Pearl Journalism & Communications Magnet
Lake Balboa, CA
About Homes near Daniel Pearl Journalism & Communications Magnet
About Lake Balboa: Daniel Pearl Journalism & Communications Magnet is located in Lake Balboa. Lake Balboa is a neighborhood in the San Fernando Valley region of Los Angeles, California. The area was previously part of Van Nuys.
These are homes for sale within about 2 miles of Daniel Pearl Journalism & Communications Magnet in Lake Balboa (Topfind School Score: 7/10). The area around the school has 302 active listings.
Daniel Pearl Journalism & Communications Magnet Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 40% of sellers have trimmed their asking price, and supply sits at 5.8 months, roughly in step with demand. At the same time, sales volume is up 17% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$800K
↑ 4% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
5.8 months of supply
Balanced Supply302 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~51 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 6% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 52% of current listings are under 30 days old, while the rest have been up longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $612K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.5M)
Price Reductions
122 listings have reduced their price
40% of active listings
Average reduction: 7.6% (~$61K)
Daniel Pearl Journalism & Communications Magnet Area Market Overview
Daniel Pearl Journalism & Communications Magnet serves students at the high level within the Los Angeles Unified district. Its Topfind School Score is 7. Listings on this page are selected by distance to Daniel Pearl Journalism & Communications Magnet, not by a confirmed attendance boundary. Confirm enrollment with the district. The median list price in the Daniel Pearl Journalism & Communications Magnet area is $799,975. That is about 23.8% below the Lake Balboa median. Current inventory stands at 302 active listings. February to July saw the median price go from $797,500 to $770,000, down about 3.4%.
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Frequently Asked Questions about Homes near Daniel Pearl Journalism & Communications Magnet
How many homes are for sale in Daniel Pearl Journalism & Communications Magnet Area, CA?
There are currently 302 homes for sale in Daniel Pearl Journalism & Communications Magnet Area, ranging from $149,999 to $10,495,000. 30 of them hit the market within the last week.
What is the median home price in Daniel Pearl Journalism & Communications Magnet Area?
The median list price in Daniel Pearl Journalism & Communications Magnet Area is $799,975. Price per square foot averages $569. Prices are up 3.8% compared to a year ago.
How fast do homes sell in Daniel Pearl Journalism & Communications Magnet Area?
Homes in Daniel Pearl Journalism & Communications Magnet Area currently average 51 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.