150 homes in near Balboa Gifted/High Ability Magnet Elementary
Homes for Sale near Balboa Gifted/High Ability Magnet Elementary
Northridge, CA
About Homes near Balboa Gifted/High Ability Magnet Elementary
About Northridge: Balboa Gifted/High Ability Magnet Elementary is located in Northridge. Northridge is a neighborhood in the San Fernando Valley region of the City of Los Angeles. The community is home to California State University, Northridge and the Northridge Fashion Center.
These are homes for sale within about 2 miles of Balboa Gifted/High Ability Magnet Elementary in Northridge (Topfind School Score: 10/10). The area around the school has 150 active listings.
Balboa Gifted/High Ability Magnet Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 25% versus six months ago, yet 35% 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
$1.00M
↓ 1% 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
3.9 months of supply
Balanced Supply150 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 ~46 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 25% 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 51% 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 $284K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$389K)
Price Reductions
53 listings have reduced their price
35% of active listings
Average reduction: 6.2% (~$62K)
Balboa Gifted/High Ability Magnet Elementary Area Market Overview
Balboa Gifted/High Ability Magnet Elementary is an elementary school in the Los Angeles Unified district. Its Topfind School Score is 10. Homes in the Balboa Gifted/High Ability Magnet Elementary area carry a median list price of $1M. That runs roughly 9.1% lower than Northridge as a whole. The median price moved from $825,000 in February to $867,500 in July, a 5.2% increase over six months. Right now 150 homes are on the market in the Balboa Gifted/High Ability Magnet Elementary area. The homes shown here are near Balboa Gifted/High Ability Magnet Elementary rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Frequently Asked Questions about Homes near Balboa Gifted/High Ability Magnet Elementary
How many homes are for sale in Balboa Gifted/High Ability Magnet Elementary Area, CA?
There are currently 150 homes for sale in Balboa Gifted/High Ability Magnet Elementary Area, ranging from $320,000 to $3,300,000. 10 of them hit the market within the last week.
What is the median home price in Balboa Gifted/High Ability Magnet Elementary Area?
The median list price in Balboa Gifted/High Ability Magnet Elementary Area is $1,000,000. Price per square foot averages $572. Prices are down 1.4% compared to a year ago.
How fast do homes sell in Balboa Gifted/High Ability Magnet Elementary Area?
Homes in Balboa Gifted/High Ability Magnet Elementary Area currently average 46 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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