San Fernando Valley median home price soars to $955K

Do you think San Fernando Valley home prices have peaked?

Great news for homeowners, but tough news for those looking to buy: The median home price in the San Fernando Valley topped $955,000 in June.

The surge in prices is nearly 30% higher compared to last year.

It's also the fourth straight month that prices have been above $900,000.

Source: ABC 7 Eyewitness News

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