Average Home Sizes and Asking Prices
Updated On: November 28, 2014
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Homes for Sale in Reseda
Reseda Real Estate & Homes for Sale in California
One of the first suburbs in the San Fernando Valley, Reseda was developed to accommodate the influx of young families at the end of World War II. Today, Resedaís real estate market consists of a variety of single-family, with some condominiums and townhouses sprinkled throughout. Originally an agricultural community known for its lettuce and orange production, Reseda is now one of the busiest business districts in the Central Valley. Reseda occupies a strategic location about 20 miles northwest of Los Angeles. Residents are close to the mountains, beaches, and one of the nationís most exciting cities. Nature enthusiasts will enjoy Reseda's close proximity to Topanga State Park, which features 36 miles of trails through open grassland and live oaks with stunning views of the Pacific. The park also provides recreational opportunities for mountain bikers and equestrians.
Within city limits, residents can fish at Reseda Park Lake. Children will enjoy The Farm, a combination animal farm and petting zoo featuring llamas, burros, sheep and goats. The whole city and county of Los Angeles is also the playground of Reseda residents. L.A. offers a plethora of cultural, dining, entertainment and shopping opportunities. Whether youíre looking to spend a day at the beach at Santa Monica Pier, want to look at some famous works of modern art at the Getty Museum, or check out the hottest new restaurants and nightclubs, Los Angeles can accommodate almost any desire!
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Price Range of Reseda Houses
Single-family detached homes are the most popular forms of real estate in Reseda. The majority of homes were built following the traditional Southern California single-story ranch architecture. Homes start at just under $200,000s and range up to $2 million for large estate properties. Houses include multiple fireplaces, hot tubs and swimming pools. Condominiums and townhouses are priced in the low $100,000s to the $450,000 range and may include fireplaces and access to community swimming pools and hot tubs. Land and lots are extremely limited in availability. Offering you the best of suburban living within minutes from the Los Angeles city limits, you can bet that youíll find the home of your dreams in Reseda, California.
Reseda Real Estate Stats and Trends for the week of November 24th, 2014: homes priced around $550,536 compared to $445,124 the previous week, showing a increase of more than +19%. For Thursday, November 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.96%; the 15 year fixed rate is at 3.07%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.17%, while the 15 year jumbo rate currently is at 3.73%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Reseda CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Reseda to help you find the best home!