As of March 2025, the San Fernando Valley real estate market is experiencing a shift towards balance. Active listings have increased by 32% year-over-year, providing buyers with more options. However, pending sales have decreased by 30%, indicating a potential slowdown in buyer activity. Well-maintained and appropriately priced homes continue to receive multiple offers, while properties that are overpriced or in less desirable condition tend to remain on the market longer and may undergo price reductions.

In February 2025, the Antelope Valley housing market experienced a slight decrease in home prices, with a 2.7% decline compared to the previous year, bringing the median sale price to $495,000. Homes are selling faster, with an average of 9 days on the market, down from 19 days the prior year. This suggests a competitive market where buyers need to act swiftly.

The forecast for the remainder of 2025 suggests stable price growth in the San Fernando Valley. While inventory levels have surged, providing buyers with more options, demand remains strong, which is expected to support stable prices.

As of February 2025, the median sale price for homes in Lancaster was $465,000, reflecting a 3.3% increase from the previous year. Homes in Lancaster are selling after an average of 59 days on the market, indicating a moderately paced market.

Buyers should be prepared for continued affordability challenges due to high mortgage rates and home prices. However, increased inventory and slower price growth may provide more negotiating power. Sellers can benefit from strong demand but should price strategically to attract buyers in a competitive market.

Prospective buyers should assess their financial readiness, considering the high mortgage rates and home prices. Exploring various financing options, staying informed about market trends, and working with experienced real estate professionals can aid in making informed decisions.

Sellers should focus on ensuring their properties are well-maintained and priced appropriately to attract buyers. Homes that are in good condition and competitively priced are more likely to receive multiple offers and sell quickly. Addressing any necessary repairs and enhancing curb appeal can also positively impact buyer interest.

Rent prices are poised to reach record highs during the spring and summer seasons of 2025. The national median rent for one-bedroom apartments remains stable at $1,524, while two-bedroom units are at $1,905, reflecting annual increases of approximately 2.5% and 3.1%, respectively.

Yes, California's 2025 rental laws have expanded tenant protections, limited security deposits, and tightened eviction regulations. Property owners must comply with stricter rent control measures and just-cause eviction rules to ensure fair housing practices.