The 91335 Lowdown: More Than Just Another LA Zip Code
Picture this: You’re cruising down wide, palm-lined streets, the scent of jasmine wafting through your open car windows. To your left, a sleek modern mansion peeks out from behind perfectly manicured hedges. To your right, a charming Spanish revival home beckons with its terracotta roof and inviting courtyard. Welcome to 91335, where architectural diversity isn’t just tolerated – it’s celebrated.
But let’s cut to the chase. You’re not here for a history lesson; you’re here because you’re ready to make your move. And honey, you’ve picked one hell of a market to dive into.
The Market Madness: A Rollercoaster You Actually Want to Ride
Hold onto your designer hats, because the 91335 real estate market is hotter than a Coachella weekend in July. As of November 2024, the median sale price in this zip code was a cool $815,000 – that’s a 3.3% increase from last year. If you’re thinking, Wow, that’s actually not bad for LA, you’d be right. It’s like finding a Gucci bag at a sample sale – rare, but not impossible.
But here’s where it gets juicy. Homes in 91335 are selling faster than avocado toast at a millennial brunch spot. We’re talking an average of 43 days on the market. And get this – 63% of homes are snatched up within 30 days. It’s like a game of real estate musical chairs, and you don’t want to be left standing when the music stops.
The Economic Engine Driving 91335’s Real Estate Boom
You might be wondering, What’s fueling this real estate frenzy? Well, buckle up, because we’re about to dive into the economic factors that are making 91335 the hottest ticket in town.
Job Market Surge: The Los Angeles County Economic Development Corporation reports that the San Fernando Valley, which includes 91335, has seen a 2.5% increase in job growth over the past year. This influx of employment opportunities is drawing more people to the area, driving up housing demand.
Tech Sector Expansion: Silicon Beach isn’t just for the Westside anymore. Tech companies are expanding into the Valley, with several startups setting up shop in nearby areas. This tech boom is bringing high-paying jobs and a wave of young professionals looking for their slice of SoCal paradise.
Entertainment Industry Spillover: As studio lots in Hollywood and Burbank reach capacity, production companies are looking to the Valley for expansion. This has led to an increase in entertainment industry jobs in and around 91335, attracting creatives and industry professionals to the area.
Small Business Growth: The Los Angeles Business Journal reports that small business growth in the San Fernando Valley has outpaced the rest of Los Angeles County by 1.7% in the past year. This entrepreneurial spirit is creating a vibrant local economy and making 91335 an attractive place to live and work.
Infrastructure Improvements: The Los Angeles Metro’s plans for expanded public transportation in the Valley, including the East San Fernando Valley Transit Corridor project, are making 91335 more accessible and appealing to commuters.
These economic factors aren’t just numbers on a spreadsheet – they’re the pulse of a community on the rise. As Jenna Thompson, a local real estate analyst, puts it, The economic growth we’re seeing in 91335 and the surrounding areas is creating a perfect storm for real estate. It’s not just about buying a home; it’s about investing in a community with a bright future.
Space Race: From Cozy Condos to Sprawling Estates
Now, let’s talk square footage, because in LA, space is the ultimate luxury. The median price per square foot in 91335 is $527. That might sound steep if you’re coming from, say, Ohio, but in the land of $15 green juices, it’s practically a steal.
And here’s a little insider tip: The inventory in 91335 is as diverse as the cast of a Netflix original series. You’ve got your pick of the litter:
- 1-bedroom homes for the minimalist mogul
- 2-bedroom nests perfect for newlyweds or empty nesters
- 3-bedroom havens for growing families or those who just need a dedicated room for their sneaker collection
- 4-bedroom and up mansions for when you’re ready to live out your Real Housewives fantasies
But let’s break it down even further. According to recent data from Redfin, here’s what you’re looking at in terms of inventory:
- 1 bedroom homes: 1 available (no change from last month)
- 2 bedrooms: 23 available (down 4.2% from last month)
- 3 bedrooms: 59 available (down 3.3% from last month)
- 4 bedrooms: 31 available (down 18.4% from last month)
- 5+ bedrooms: 24 available (up 9.1% from last month)
These numbers tell a story of a market that’s moving fast, especially for those mid-size family homes. But don’t let that discourage you – it just means you need to be ready to pounce when the right property comes along.
School’s In Session: Education That Makes the Grade
Let’s face it, if you’re dropping serious cash on a home, you want to make sure the local schools aren’t just glorified daycares. Good news: 91335 doesn’t disappoint in the education department. With top-rated schools like Reseda High School and Shirley Avenue Elementary School, your little geniuses will be on the fast track to Ivy League success. Or at least they’ll learn enough to outsmart Siri.
But don’t just take our word for it. According to the California School Dashboard, schools in the 91335 area are showing significant improvements in key metrics:
- Reseda High School has seen a 7% increase in graduation rates over the past three years
- Shirley Avenue Elementary School boasts test scores that are 15% above the state average in both math and English language arts
And it’s not just about test scores. The Los Angeles Unified School District has been investing heavily in STEM programs, with Reseda High School recently receiving a $500,000 grant to expand its robotics and computer science programs. As Sarah Johnson, a local parent and education advocate, puts it, The schools in 91335 are more than just institutions – they’re launching pads for our children’s futures.
The Great Outdoors: Where Nature Meets Nurture
Sure, you could spend your weekends binge-watching the latest true crime docuseries, but why would you when 91335 offers nature on your doorstep? From the lush greenery of Reseda Park to the hiking trails of the nearby Santa Monica Mountains, you can get your daily dose of vitamin D without ever stepping foot in a juice bar.
Let’s take a closer look at what the great outdoors of 91335 has to offer:
Reseda Park: This 29-acre oasis features a lake, multiple sports fields, and a community center. It’s the perfect spot for a weekend picnic or a morning jog.
Los Encinos State Historic Park: Just a short drive away, this hidden gem offers a glimpse into the area’s rich history, complete with natural springs and historic buildings.
Sepulveda Basin Recreation Area: With over 2,000 acres of open space, including Lake Balboa, this massive park is a haven for cyclists, runners, and nature lovers.
Santa Monica Mountains National Recreation Area: Less than 30 minutes from 91335, these mountains offer over 500 miles of trails and breathtaking views of the Pacific Ocean.
According to the Trust for Public Land, access to green spaces can increase property values by up to 15%. So not only are you investing in your health and wellbeing by living in 91335, but you’re also potentially boosting your property’s value. Now that’s what we call a win-win.