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Northridge is the quiet standout in September's numbers. Fewer homes closed — 28, down about a third from August — but h...
10/12/2026

Northridge is the quiet standout in September's numbers. Fewer homes closed — 28, down about a third from August — but homes are selling faster: median days on market fell 11.4% to 31 days. Northridge is the only one of the five areas where time-on-market improved.

Median sold price came in at $1,072,500 (down 5%), and buyers got a touch of room at 98.1% of list. Inventory is up month over month but down 13% from last year, so the longer trend is still tightening.

Here's the buyer case for Northridge: the largest homes of any area I track — 2,141 sqft median for new listings — at $546 per square foot. If square footage per dollar is your metric, this is the value play in the Valley.

Full September report with charts for all five areas is on the blog — link in the comments.

For buyers needing space: does Northridge's price-per-square-foot make it the best deal in the Valley right now?

Granada Hills had the most interesting supply story in September: new listings jumped 50% from August — 60 fresh homes h...
10/12/2026

Granada Hills had the most interesting supply story in September: new listings jumped 50% from August — 60 fresh homes hit the market, the biggest increase of the five areas I track.

Here's the thing, though: sellers aren't cutting prices to move that inventory. The median sold price rose 9.7% to $957,500, and homes sold at 101% of list on average. When new supply gets absorbed at full price, that's a healthy market.

Two more data points buyers should know: Granada Hills has the largest homes of the group (1,938 sqft median for new listings) at the lowest cost per square foot ($556). If you need space, this is arguably the best value in the Valley right now. The one soft spot: estimated property values are down 3.2% year over year, the weakest of the five.

Full September market report with all the charts is on the blog — link in the comments.

What do you think — does a 50% jump in listings mean sellers sense a top, or is it just normal fall activity?

Burbank remains the tightest market I follow. September inventory sat at just 2.4 months — and notably, it's down 8.4% f...
10/12/2026

Burbank remains the tightest market I follow. September inventory sat at just 2.4 months — and notably, it's down 8.4% from last year, the only area of the five where supply is shrinking year over year.

The median sold price hit $1,192,500, the highest of the five areas. Interesting dynamic on the seller side: new listings surged 28.8% in September with median list prices up 25% — sellers are clearly testing how high the market will go.

For buyers, there's one modest opening: homes sold at 98% of list on average, so unlike Glendale, there's a little room to negotiate. But with inventory this thin, I'd expect well-priced homes to keep moving fast (21 days median).

Full September breakdown for all five areas is on the blog — link in the comments.
Honest question: at a $1.19M median, are Burbank buyers getting priced out, or is the demand just that durable?

Glendale is running away from the pack. In September, buyers paid an average of 102.3% of list price — that's over askin...
10/12/2026

Glendale is running away from the pack. In September, buyers paid an average of 102.3% of list price — that's over asking as the norm, not the exception. Median sold price climbed 15.8% to $1,115,000, and homes moved in just 17 days.

Inventory did tick up (3.58 months, up about 13% from August), but demand is absorbing it: 38 closings, up 28%, and 55 new pendings. For buyers, the message is pretty clear — in Glendale right now, the well-prepared offer wins.

I broke down all five areas I track in the September market report on the blog — link in the comments. If you're thinking about buying or selling in Glendale, that's your starting point.

Question for the group: with homes going over asking in 17 days, are Glendale sellers leaving money on the table by not listing?

September was a strange month in Sunland-Tujunga. The median sold price fell 27.5% to $769,000 — but only 11 homes actua...
10/12/2026

September was a strange month in Sunland-Tujunga. The median sold price fell 27.5% to $769,000 — but only 11 homes actually closed, so that number says more about which homes sold than where the market is going.

Here's what I think actually matters: 29 homes went pending (up 61% from August), pending volume doubled, and sellers are still getting 100.8% of their asking price. Inventory also tightened to 3.33 months. That's not a weakening market — that's a market where buyers are quietly moving.

I put together the full September breakdown with charts on the blog — link in the comments. Worth a read if you're watching the foothills.

Curious: does a price dip like this make you more likely to start looking, or do you wait to see if it holds?

Freddie Mac's weekly number is out: the 30-year fixed is now 7.40%, up from 7.28% last week — the highest since November...
10/11/2026

Freddie Mac's weekly number is out: the 30-year fixed is now 7.40%, up from 7.28% last week — the highest since November 2023 and the seventh straight weekly increase.

Here's the angle that matters for buyers: when rates climb this fast, sellers start negotiating again — price cuts, closing-cost credits, rate buydowns. That's real money back in your pocket.

👉 I wrote up what to do about it (pre-approval, concessions, the real math) on the R3ES blog: https://r3es.com/blog/mortgage-rates-just-hit-7-40-heres-why-la-buyers-should-pay-attention/

📗 If you're thinking about buying in Sunland-Tujunga or the Valley, start with the numbers — the free Home Buyer's Guide walks through the whole process: https://buyer.r3es.com

If you own a home in Sunland-Tujunga, wildfire preparedness is becoming an increasingly important part of homeownership....
09/15/2026

If you own a home in Sunland-Tujunga, wildfire preparedness is becoming an increasingly important part of homeownership.

There has been a lot of discussion about California’s proposed “Zone 0” rules — the first five feet immediately surrounding a home — but there has also been plenty of confusion about what is actually in effect right now.

I put together a straightforward overview of where the regulations currently stand, what homeowners should be paying attention to, and why buyers and sellers in our foothill communities should understand this issue.

Read the full article here:
https://r3es.com/blog/zone-0-rules-sunland-tujunga-homeowners-2026/

If you own property in Sunland or Tujunga, this is worth a few minutes of your time.

07/09/2026

Trying to perfectly time the market usually doesn’t work. Financial readiness matters far more than headlines.

06/03/2026

part 7

06/03/2026

part 6

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Los Angeles, CA
91042

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