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Foreclosure Homes in Panorama City, CA 91402

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Panorama City, CA Foreclosures

How much do homes sell for in Panorama City, CA?
The average home price is currently $746,748.
In Panorama City, CA, how many homes are available?
There are currently 60 active home listings available in Panorama City.
What’s the average rental cost in Panorama City, CA?
The average rental price in Panorama City is $2,284.
What is the most expensive home in Panorama City?
The most expensive home sold in Panorama City had a price of $96,647,568.
What is currently the cheapest priced home in Panorama City, CA?
The cheapest home for sale in Panorama City is priced at $63,873.

Living in Panorama City, CA

Panorama City, located in the heart of the San Fernando Valley, is a diverse community offering a lively urban lifestyle. The area features a variety of shopping, dining, and entertainment options that cater to a wide range of tastes. With great public transport links and access to parks and schools, it is an ideal neighborhood for families and young professionals alike.

Current Market Conditions in Panorama City, CA

Panorama City has seen a steady demand for housing, with property values showing signs of appreciation due to its proximity to downtown Los Angeles and a growing number of amenities. The rental market is active, driven by the area's affordability compared to neighboring districts. The home prices are on an upward trajectory as buyers seek to take advantage of what the neighborhood has to offer, leading to increased competition in the market.

Additionally, the commercial areas are thriving, with new businesses popping up regularly, attracting more residents who want to live close to work and leisure activities.

Home Value Estimator For Panorama City, CA

There are currently 9,087 real estate properties in Panorama City, CA, with a median automated valuation model (AVM) price of $632,777.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Panorama City, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Panorama City, CA, is $746,748.00, with the most expensive house in Panorama City, CA, topping out at $96,647,568.00 and the cheapest home in Panorama City, CA, clocking in at $63,873.00. In other words, there’s something for every potential homebuyer or savvy investor in Panorama City, CA!

Rent Prices In Panorama City, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Panorama City, CA, is on a rollercoaster ride. The average rent price in Panorama City, CA, is $2,284.00. Indeed, when looking to rent in Panorama City, CA, you can expect to pay as little as $760.00 or as much as $4,940.00, with the average rent median estimated to be $2,500.00. The good news is that finding an affordable and desirable property to rent in Panorama City, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Panorama City, CA 91402 Foreclosures


Market Trend for Panorama City, CA

Total Listings Available: 60

Market Values:

Home Prices from $63,873 to $96,647,568

Average Sales Price: $746,748

Rental Values:

Rental from $760 to $4,940

Average Rent Value: $2,284 / month

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