It's never too early to start thinking about moving to the San Fernando Valley, CA. Whether you're a young professional hoping to find your first apartment or a parent considering the best place to raise kids in Southern California, San Fernando is sure to tick your boxes.
The San Fernando Valley (SFV) is commonly known as " The Valley.” It lies in Los Angeles County and is bordered by Verdugo Mountains to the east, Santa Monica Mountains to the south, San Gabriel Mountains to the northeast, and Simi Hills to the west.
The Valley was once mainly orange groves and walnut orchards. Today, most of it is housing developments, office parks, and shopping malls. It has pleasant weather, numerous parks, and a ton of entertainment, so you'll never be at a loss for something fun.
The San Fernando Valley real estate offers a wide variety of home styles and prices for varied needs and budgets. That is where Park Regency comes in. We are a local real estate company focused on providing stellar client service, underpinned by 40+ years of industry experience and commitment to honesty, fairness, and professionalism. Call us today at 818-363-6116 for expert assistance with your housing needs in San Fernando Valley, CA.
Living in the San Fernando Valley, CA
The San Fernando Valley is a sprawling region commonly associated with Los Angeles. It offers a sparse suburban lifestyle to an ethnically and culturally diverse population of over 1.7 million.
The Orange Line and the 118, 170, 405, 101, and 210 freeways make it easy to get around the region. And before we forget, the locals refer to freeways by their numbers instead of their names.
Most households in the valley own an average of two cars. Even if you don't have one, you can always choose from several transportation services offered here, including trolleys, metro, and dial-a-ride.
Sitting in traffic is one of the unfortunate realities of living in The Valley, with a one-way commute averaging 30.4 minutes. But you will fall in love with warm, dry weather all year round, plenty of sunbathing and outdoor recreation opportunities, and diverse economic opportunities.
Communities and Neighborhoods in the San Fernando Valley, CA
The San Fernando Valley real estate encompasses many unique communities and neighborhoods. Whether you are looking for a friendly community to raise your family or an upscale neighborhood with luxurious amenities, you'll find it all in the Valley.
The northern part of the San Fernando Valley includes communities like Porter Ranch, Sylmar, Chatsworth, Granada Hills, and Northridge. The central region comprises the neighborhoods of Van Nuys and Reseda, while the southern section harbors Woodland Hills, Sherman Oaks, Studio City, Encino, and Tarzana. The eastern part includes Tujunga, Sun Valley, and Panorama City, while the western region nestles Canoga Park and West Hills.
Other San Fernando Valley neighborhoods include:
- Winnetka
- North Hollywood
- Mission Hills
- Toluca Lake
- Sherman Village
- Sherwood Forest
Real Estate Prices in the San Fernando Valley
San Fernando Valley homes for sale vary in price, depending on the style, size, neighborhood, and available amenities. As of November 2021, the median sold price of homes in the valley was $850K, trending up 15.4% from last year. That translates into $520 per square foot.
A 2-bedroom home in SFV will set you back around $600K. Three-bedroom and 4-bedroom units currently record a median sold price of $719.5K and $886.2K, respectively.
The San Fernando Valley real estate market has a Nov 2021 inventory of around 3,430 homes, 6% lower than October. The main highlights are 0.9% more 1-bedroom homes, 18.8% less 2-bedroom inventory, and 17.3% fewer 3-bedroom units.
The average days on the market for San Fernando Valley homes for sale in Nov 2021 was 21 days, with 65% of the properties selling over their listing price. Only 11% of them sold at the asking price in the month.
The San Fernando Valley real estate is currently a seller’s market, which explains the consistent rise in home prices and the lower median days in the market. In a seller market, the number of potential home buyers surpasses the available homes for sale. The vice versa holds for a buyer’s market.
Monthly rent in San Fernando Valley, CA, averages $2,124. A studio apartment will cost you $1,050 to $4,588 per month. Expect to pay $1,295-$4,445 for a 2-bedroom unit and $8,014 for a premium 3-bedroom apartment.
The San Fernando Valley real estate experts at Park Regency have the experience, knowledge, and dedication to guide you through your entire home-buying process. Call us at 818-363-6116.
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San Fernando Housing Market and Real Estate Price Forecast, Short-Term Property Price Prognosis for Next Months and Year
Short-term real estate market and home value forecast is based on last 5 years median home prices.
San Fernando Valley Highlights
» Climate
San Fernando Valley has a subtropical climate, with hot, sunny summers and mild, relatively rainy winters. Temperatures generally reach 34-36 degrees Fahrenheit on the coldest nights and 106-108 degrees Fahrenheit on the hottest days. Precipitation is relatively scarce, amounting to 16.3 inches per year. However, it rarely snows here. On average, the Valley experiences 3,440 hours of sunshine a year, making it a favorite among sun enthusiasts.
» Transportation
San Fernando Valley offers many public transit options, including Burbank’s Bob Hope Airport (Hollywood Burbank Airport). The airport, named after British-American comedian Bob Hope, serves Burbank, the greater LA area, North Hollywood, Pasadena, and Glendale.
Another gem nestled in the heart of the San Fernando Valley gem is the Van Nuys Airport (VNY). Ranked among the world’s busiest general aviation airports, VNY specializes in non-commercial flights and averages 230,000 takeoffs and landings per year.
Two Metrolink commuter rail lines transverse the Valley. The LA Metropolitan Transportation Authority (Metro)-owned B Line (formerly Red Line) connects Downtown LA and North Hollywood (NoHo), roughly 16 miles apart. The Metro also owns The G Line, an 18-mile Bus Rapid Transport line linking the Chatsworth and Woodland Hills to NoHo Metro station.
» Recreation
There are plenty of fun places in San Fernando Valley, CA. Topping our list is the Warner Bros. Studio. It spans 110 acres and offers tours of the soundstages and sets that bring popular Hollywood scenes to life.
Another great option is the Great Wall of Los Angeles (officially known as The History of California), a 2744 feet mural running between Burbank Boulevard and Oxnard Street. Ranked among the world’s longest murals, this cultural landmark does an excellent job of illustrating California’s history through images of historical events and significant figures.
Each San Fernando Valley neighborhood has a unique flavor of entertainment, with top options being:
- Old Tyme Country Faire
- Sherman Oaks Street Fair
- 1000 Lights Water Lantern Festival
- Melrose Rooftop Theatre
- Neon Retro Arcade
- Round 1 Burbank
Wondering where to find the iconic Hollywood Sign? It is right in Griffith Park, a 4,210-acre urban wilderness harboring the Greek Theater, Griffith Observatory, and Los Angeles Zoo. Horseback tours around the park are available daily, but you can still choose to hike.
A 10-minute drive from West Hollywood, you'll find one of California's most scenic picnic spots— Lake Balboa Park. At the center lies a 27-acre lake with a waterfall at the end. Fishing and boating are a favorite here. The park includes a variety of family-friendly amenities, including picnic pavilions, barbecue pits, a children’s playground, and a dedicated jogging path.
Historical attractions in SFV include:
- Museum of the San Fernando Valley
- Getty Center
- The Nethercutt Collections
- Mission San Fernando Rey de España
- Valley Relics Museum
- Leonis Adobe Museum
- Bolton Hall
- Martial Arts History Museum
- Minnie Hill Palmer House (the only remaining homestead cottage in SFV)
There are plenty of places in the Valley to embark on retail therapies, from hip boutiques, furniture outlets, fashion stores, to vintage thrift shops. Tucked among the major shopping centers (think Sherman Oaks Galleria, Panorama Mall, Northridge Fashion Center, and Westfield Topanga Shopping Center) is an excellent collection of specialty stores and eateries.
SFV's dining scenes cater to various tastes, from fancy dinners to casual dining to Mexican and Japanese delicacies. Top-rated eateries include:
- 786 Degrees
- James's Restaurant
- Scratch|Bar & Kitchen
- CF Food Kitchen
- Los Tres Hermanos Restaurant
- Tipsy Cow
- Davenport's Restaurant
» Schools
The Valley boasts a big enough pool of public and private schools, falling under various districts, namely:
- Las Virgenes Unified
- Los Angeles Unified
- Acton-Agua Dulce Unified
- Burbank Unified
- Glendale Unified District
Living in San Fernando Valley, you enjoy easy access to numerous tertiary institutions. They include:
- California State University
- Woodbury University
- University of Los Angeles
- Pierce College
- Los Angeles Valley College
- West Coast University
Get in Touch with Park Regency to Find Your Dream Home in the San Fernando Valley
With hundreds of options in the San Fernando Valley real estate market, your path to finding a home that matches your needs and budget can be overwhelming. Park Regency can help! A leading real estate agency in southern California, we help homebuyers find the perfect property for them.
With our team by your side, you enjoy personalized and professional service at every stage of buying your dream home, including negotiations and paperwork. We strive to secure the most favorable price and terms, leveraging our in-depth knowledge of the SFV market and commitment to maximum customer satisfaction. We invite you to visit our site for San Fernando Valley homes for sale or call us at 818-363-6116 for more information.