"Penny" from "The Big Bang Theory" is selling her home

People who live outside of Los Angeles think celebrities only live in Beverly Hills and the Hollywood Hills.

But us locals know the San Fernando Valley is where it's at!

Kaley Cuoco from The Big Bang Theory is selling her beautiful Tarzana home.

Asking Price: $6,900,000.

What do you think of this highly stylized home?

Low inventory and higher prices in San Fernando Valley

Annual home sales in the San Fernando valley have been below the 7,000 level since 2010. In 2016, total sales equaled 5,643 down 4% from 2015. Market observers expect this trend to continue in early 2017 as low supply and high prices continue to dampen the market.

What does this mean for folks looking to sell? Feel free to reach out and I can give you a personalized assessment.