Lake Balboa Real Estate Market Trends: December 2025 Report

As we wrap up 2025, the Lake Balboa real estate market is showing signs of resilience and steady long-term growth, even as we navigate typical seasonal shifts. For homeowners and prospective buyers in the 91406 zip code, understanding the latest data is crucial for making informed decisions heading into the new year.

While the market has seen a slight month-over-month adjustment, the year-over-year numbers tell a story of value retention. See the full Lake Balboa market reports here: For CONDOS & For SFRS for a deeper dive into the specific charts.

Single-Family Home Values Remain Strong

The median estimated value for single-family homes in Lake Balboa currently sits at $1,007,480. This seven-figure benchmark highlights the neighborhood’s desirability within the San Fernando Valley.

While we saw a minor dip of -0.9% compared to last month, the broader picture is positive. Over the last 12 months, property values have increased by +1.3%. This suggests that while the market is experiencing short-term fluctuations, the underlying equity for long-term owners remains secure.

Recent Sales Activity Highlight

To understand what is actually moving in the market, we look at closed sales. A notable transaction recently closed on Forbes Avenue, selling for $1,350,000.

• Sold Price: $1.35 Million
• Price Per Sq. Ft.: $550
• Time on Market: This property moved relatively quickly, spending just 14 days in RPR status.

This sale demonstrates that well-priced, premium inventory in Lake Balboa is still commanding attention and selling significantly above the area’s median estimated value. If you are curious about how your home compares to these recent sales, contact me for a custom comparative market analysis.

Inventory and Market Pulse

Inventory remains tight, which is keeping prices competitive. As of September 2025, there was only 1 pending listing recorded in the snapshot. For buyers, this limited inventory means being prepared to act quickly when the right property hits the market is essential.

Key Takeaways for December 2025

• Median Value: Holding steady above $1 Million.
• Long-Term Trend: Positive 12-month growth of +1.3%.
• Market Velocity: Desirable homes are selling in approximately two weeks.

Whether you are looking to buy a condo near the park or sell a single-family home, having a strategy tailored to these specific numbers is key. Read the full detailed neighborhood stats here: For CONDOS & here For SFRS.

Don’t navigate this shifting market alone. If you’re considering a move in Lake Balboa—or anywhere in the San Fernando Valley—and want to understand how these numbers apply to your specific home or search, I’m always happy to walk through the data with you and talk strategy.

Melissa Menard REALTOR® | Compass
Lake Balboa & Surrounding Areas Los Angeles
📞 310.729.9726 | DRE# 01858710
📧 melissa@melissamenardhomes.com
🌐 www.MelissaMenardHomes.com

Market Data Disclaimer: “All statistics referenced are based on December 2025 data from Realtors Property Resource® (RPR) for the Lake Balboa neighborhood in Los Angeles and are considered reliable but not guaranteed.”