230 homes in zoned to Independence Continuation
Lake Balboa, CA

About Lake Balboa: Independence Continuation 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 inside the attendance boundary for Independence Continuation in Lake Balboa (Topfind School Score: 1/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 295 active listings.
Topfind Market Read
The picture is mixed here. Sale prices are up 5% over the last six months and 11% over the past year, yet 8.0 months of supply is more than current demand absorbs, and 41% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$815K
↑ 11% 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
8.0 months of supply
Ample Supply295 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~52 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 18% 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 $954K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.9M)
Price Reductions
121 listings have reduced their price
41% of active listings
Average reduction: 7.5% (~$61K)
Independence Continuation serves students at the high level within the Los Angeles Unified district. Its Topfind School Score is 1. Buyers in the Independence Continuation attendance zone are looking at a median list price of $815,000. Compared with Lake Balboa overall, that is an 18.5% discount. Since February, the median price has moved up about 21.6% to $1.1M as of July. The Independence Continuation attendance zone has 295 active listings on the market right now. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Independence Continuation.
Browse homes for sale in cities near Lake Balboa
There are currently 295 homes for sale in Independence Continuation Area, ranging from $149,999 to $29,995,000. 29 of them hit the market within the last week.
The median list price in Independence Continuation Area is $815,000. Price per square foot averages $574. Prices are up 11.0% compared to a year ago.
Homes in Independence Continuation Area currently average 52 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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