Explore Panorama City
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Why Live in Panorama City
Panorama City, located in California, is a vibrant community known for its rich cultural diversity and historical significance as Los Angeles’s first master-planned community. Developed post-World War II, it has evolved into a bustling area where approximately three-quarters of the population identify as Hispanic. The community is centered around Van Nuys Boulevard, featuring Plaza del Valle, an outdoor pedestrian plaza with over 100 shops and restaurants, and Panorama Mall, offering retail stores like Fashion Nova and Finish Line. Residents enjoy various dining options, including Bamboo Bistro and Ponchos Taqueria. Housing in Panorama City includes Pueblo-style condos and townhomes, single-story Spanish Revival homes, and multi-family residences. The area is accessible via the 170, 5, and 405 freeways, with public transportation available along Van Nuys Boulevard and nearby Metrolink stops. Downtown Los Angeles is about 20 miles away, and both Van Nuys Airport and Hollywood Burbank Airport are within 8 miles. Families frequent Panorama Park and Tobias Avenue Park, which offer playgrounds, sports courts, and fitness equipment. The community is served by the Los Angeles Unified School District, with Panorama High School providing Magnet programs.
Home Prices in Panorama City, CA
The median home sale price in Panorama City, CA is $705,000, up 6% year-over-year. Homes in Panorama City sell in 43 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$705,000
|
Median Single Family Sale Price
$790,000
|
|
Median Townhouse Sale Price
$572,500
|
Median 2 Bedroom Sale Price
$485,000
|
|
Median 1 Bedroom Sale Price
$283,500
|
Average Price Per Sq Ft
$503
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|
Number of Homes for Sale
64
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Last 12 months Home Sales
163
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Months of Supply
4.70
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Median List Price
$699,950
|
|
Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
6%
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Panorama City Types of Homes for Sale
Panorama City Real Estate Listings
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