Published October 8, 2026 in Market Update

Sales rose in West San Fernando Valley, but buyers still had more to choose from

By Shane Marechal

Real estate, West San Fernando Valley

More homes came to market here. More homes sold. Those two things happened at the same time, and that tension is the whole story for anyone pricing or shopping right now.

The Real Estate Data Aggregator counted 835 homes sold across West San Fernando Valley in the three months ending August 31, 2026. That is up 6.4% from the same three months in 2025. At the same time, 1,182 new listings hit the market, up 9.9%. Supply grew faster than sales. That gives buyers more to look at, and it means sellers who price too high have more competition than they did last year.

Nationally, Realtor.com reported active listings topped 1.16 million homes in September, up 5.5% year over year. That national gap between pre-pandemic inventory and today has narrowed to 9.1%, the closest it has been. West San Fernando Valley is moving in the same direction: more supply, but not a flood.

Realtor.com also reported that 20.8% of listings nationally took a price cut in September, the highest September share since 2018. That is worth knowing before you pick your number.

How each ZIP code read

The area-wide numbers hide real differences. Prices rose sharply in some ZIP codes and fell in others. Speed varied a lot too. Here is what the Real Estate Data Aggregator counted, ZIP by ZIP, for the three months ending August 31, 2026.

Seven of the eleven ZIP codes saw median prices dip from a year ago. Four saw prices rise, some sharply. That is not a uniform market. It is eleven different conversations.

Where homes sold fastest

91306 had the shortest median time at 36 days, 13 days shorter than a year ago. 91325 was slowest at 54 days, and that was actually 10 days longer than last year. Every other ZIP got faster. That one went the other way.

How many homes sold over asking

91307 led: 45.5% of homes there sold above list, up 19 points from a year ago. 91311 was the other end: only 18.2% sold above list, and that share fell 4.8 points. Same market, very different dynamics.

Which ZIP codes moved the most homes

91367 and 91335 together accounted for nearly a third of all sales in the area. 91306 and 91307 both saw big jumps in sales volume, up 44.6% and 34.7% respectively. 91303 and 91324 each saw sales fall.

Months of supply tells you who has leverage

Months of supply measures how long it would take to sell every home currently listed, at the current pace. Below 3 months tends to favor sellers. Above 6 months tends to favor buyers. Every ZIP here sits between those lines.

91306 is the tightest at 3.2 months, down 2.3 months from last year. That is a big shift. 91304 and 91364 are the loosest at 4.7 months each. More choices there, more room to negotiate.

How many homes went under contract fast

This one matters. The share of homes that went under contract within two weeks of listing tells you how many sellers got quick offers, and how many buyers had to move fast.

91364 led at 40%, up 22.2 points from a year ago. 91306 was close behind at 39%, up 11.1 points. 91304 was the slowest at 22.5%. If you are buying in 91364 or 91306, you need to be ready to move.

The broader picture

The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026, and 0.3% from June to July alone. That is modest, steady national appreciation. West San Fernando Valley is not uniform: some ZIP codes beat that, some did not.

The job picture matters too. A report cited by Redfin on October 2, 2026 put the September unemployment rate at 4.2%, with only 29,000 jobs created against 90,000 expected. The three-month average was 51,000 jobs per month. A softer job market affects how confident buyers feel about taking on a mortgage.

One street can read very differently from the ZIP code around it. These numbers are the starting point, not the answer. If your home is in one of these ZIP codes, I can pull what actually sold near you and show you where your price sits against those.