The headline number looks dramatic: Sunland-Tujunga’s median sold price fell 27.5% in September to $769,000. But only 11 homes closed all month — that’s small-sample noise, not a market crash. Look one step behind the closings and the story flips: new pending listings jumped 61% and total pending volume doubled. Demand is picking up, not fading.
By the numbers
- Median sold price: $769,000 (-27.5% MoM) on 11 closings (+50% vs August)
- Sellers are still winning: 100.8% sold-to-list ratio, up from August
- Pending activity surging: 29 new pendings (+61.1%), 37 total pending (+85%), pending dollar volume up 100.7%
- Inventory tightening: 3.33 months of supply (-8.5% MoM), though up 30.1% from last year
- Homes taking longer: 37 median days on market, up 48% from August
- New listings: 38 homes hit the market (+2.7%), median list price $871,975 (+10% MoM)
- Estimated values holding: median estimated property value $926,050 (-2.3% MoM, +0.6% year-over-year)
What this means for buyers
The September dip in the median sold price is mostly a quirk of 11 closings — but the pending surge means more competition is coming back. With homes sitting 37 days and inventory still 30% above last year, buyers have more breathing room than in most of LA right now. If you’ve been waiting for a window in Sunland-Tujunga, the next 60 days look friendlier than what the pending pipeline suggests is ahead.
What this means for sellers
Sellers are still getting full price — 100.8% of list — and pending volume doubling says motivated buyers are out there. But days on market jumped 48%, so pricing right from day one matters more than it did in August. The homes that moved were the ones priced to the market, not above it.
Across the five areas we track, Sunland-Tujunga is the most affordable entry point by a wide margin — its $769,000 median sold is roughly $350,000 below Glendale’s — and the only area where closed-sale prices dropped sharply while pending demand accelerated.
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