As of the latest market data, the median home price in Panorama City is approximately $690,000. While that represents a slight dip from the previous year, homes are still selling at a steady pace, with many properties going under contract within 40 to 50 days. Nearly half of all recent sales closed above asking price, showing continued buyer interest. The market remains competitive but accessible — especially when compared to other Los Angeles neighborhoods. Inventory is balanced, offering opportunities for both buyers and sellers to achieve favorable outcomes.
Navigating a dynamic market like Panorama City requires more than just local knowledge — it takes a strategic, well-rounded approach. Sierus Erdelyi brings that and more. With a background as both a real estate attorney and broker, Sierus offers clients legal insight, negotiation skills, and deep familiarity with local regulations and development potential. As the founder of TruLine Realty, he’s helped dozens of clients buy, sell, and invest in Panorama City and the surrounding Valley. Whether you’re a first-time homebuyer, seasoned investor, or homeowner ready to list, Sierus combines professionalism, experience, and results to guide you confidently through the process.
Panorama City features a wide range of housing choices that appeal to many types of buyers and renters. From classic post-war single-family homes with spacious yards to modern townhomes, condos, and multi-family properties, the neighborhood has something for everyone. Many properties still retain their mid-century charm, while others have been updated or newly built, offering modern amenities at a more accessible price point compared to surrounding areas. This diversity makes Panorama City ideal for first-time buyers, families, and investors alike.
Though primarily residential, Panorama City benefits from its proximity to major job centers throughout Los Angeles. Healthcare is a major employer in the area, with Kaiser Permanente’s regional medical center serving as a local anchor. Retail, construction, education, and logistics also provide a wide range of employment opportunities. With easy access to nearby business hubs like Van Nuys, Burbank, and North Hollywood, Panorama City residents can find both stability and upward mobility in the job market.
Location is one of Panorama City’s strongest assets. Centrally located in the Valley, it offers quick access to major freeways like the 5, 405, and 170, making commuting around Los Angeles more manageable. Public transportation options are improving as well, with future transit developments aimed at better connecting the area to downtown and beyond. Add in local shopping centers, parks, schools, and cultural institutions, and you have a neighborhood that supports both daily convenience and long-term livability.
Based on information from CRISNet MLS as of 2024-01-08T23:57:23.35. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The information being provided by the CSMAR MLS is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR’s datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Based on information from the i-Tech MLS as of 2024-01-08T23:57:23.35. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-01-08T23:43:13.127. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.