Porter Ranch Real Estate & Homes for Sale in California
If you are looking to live in an affluent community complete with a local country club setting, plenty of parks and green spaces, and offering an exceptional quality of life while being minutes from the rest of the San Fernando Valley and the heart of Los Angeles, then look no further and come home to Porter Ranch today. Located in the northwest portion of The Valley just north of Los Angeles, Porter Ranch is home to almost 16,000 residents that appreciate the panoramic views of the Santa Susana Mountains, excellent neighborhood schools, and welcoming atmosphere. Porter Ranch is bounded by Northridge to the south, Granada Hills to the north and east, and Chatsworth to the west and south.(more)
While located high above the rest of Los Angeles County and away from the city's many movie studios, Porter Ranch and the rest of The Valley has served as the backdrop to a number of Hollywood productions. One of these movies was a little Hollywood blockbuster called E.T. the Extra-Terrestrial. The movie was filmed in Porter Ranch and in several area landmarks such as Porter Ridge Park and Palisades Park.
As an affluent community, Porter Ranch is composed primarily of beautifully constructed single-family homes, estates, and some golf course properties in gated neighborhoods. Buyers can easily find homes starting in the $500,000 range.
Porter Ranch Real Estate Market Info - Prices of Houses for Sale in Porter Ranch
An eclectic selection of homes at affordable prices can be found in Porter Ranch. Average sales prices for properties in this community hover in the $520,000 range while average listing prices run at just under $540,000. If you're looking to purchase a contemporary, mid-century home with 4 bedrooms and 2 bathrooms near the city of Northridge, expect prices to begin in the low $420,000s to $550,000. Magnificent estate properties and custom built homes in some of Porter Ranch's gated communities can be found starting from the $800,000s to $1.5 million. Townhomes and condos in Porter Ranch are priced starting from $150,000 to $440,000. Short sale properties near Porter Ranch can be found starting as low as $375,000.
Porter Ranch, California Average Home Sizes and Asking Prices
Porter Ranch Real Estate Stats and Trends for the week of May 2nd, 2016: homes priced around $679,759 compared to $695,836 the previous week, showing a decrease of less than -2%. For Friday, May 6th, the current national mortgage rate for a 30 year fixed mortgage is 3.63%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.05%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Porter Ranch 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 Porter Ranch to help you find the best home!