10/07/2026
Shadow Hills • Sunland • Tujunga Real Estate Market Update |
September 2026
How does today’s market compare with one year ago?
📊 September 2025 vs. September 2026
📈 Median Sold Price
$838K → $874K
▲ 4.3%
📉 Homes Sold
28 → 19
▼ 32.1%
📉 Active Listings
75 → 71
▼ 5.3%
➡️ Pending Listings
17 → 16
▼ 5.9%
📈 Months of Inventory
2.7 → 3.7 months
Buyers have more selection relative to sales.
📈 Days on Market
33 → 61 days
28 days longer than last year
📉 Price Per Square Foot
$714.87 → $644.97
▼ 9.8%
💡 Market Takeaway
September’s numbers point to a more price-sensitive market across Shadow Hills, Sunland and Tujunga.
At first glance, the 4.3% increase in median sale price looks encouraging. But price per square foot declined nearly 10%, and the average home sold this September was larger—1,523 square feet compared with 1,380 square feet last year.
That suggests the higher median price was influenced by the mix of properties sold rather than broad-based appreciation.
Other indicators also favor buyers. Closed sales declined 32%, months of inventory increased from 2.7 to 3.7, and homes took an average of 61 days to sell versus just 33 days last September.
Pricing is perhaps the clearest signal. Homes averaged only 94.8% of their original asking price, compared with 99.2% a year ago.
However, 42.1% of September sales still closed above original list price, showing that buyers will compete when they perceive the right combination of property, condition and price.
Bottom Line: Buyers have more leverage than they did a year ago, while sellers need to be especially realistic about initial pricing. The strongest homes can still attract competition, but the market is less forgiving of overpricing.
🏡 What This Means for Buyers & Sellers
For Sellers: Longer marketing times and a 94.8% sale-to-original-list
ratio make accurate pricing especially important. Buyers remain active, but they are increasingly willing to wait or negotiate when a property doesn’t represent good value.
For Buyers: More inventory relative to sales, longer marketing times and greater seller flexibility are creating negotiating opportunities. But attractive, correctly priced homes can still draw competing offers.
Thinking about buying or selling in Shadow Hills, Sunland or Tujunga—or curious what your home might be worth in today’s market? We’d be happy to help.
Keith & Pam Sorem
Sorem & Associates | Keller Williams Real Estate Services
📞 Keith: 818-281-8497
📞 Pam: 818-281-8397
📧 Keith: [email protected]
📧 Pam: [email protected]
🌐 BeautifulVerdugoHomes.com
DRE # 01374653 | 01910636
CRMLS data is deemed reliable, has not been verified, and is subject to change.