Local market report valley november 2017

Local Market Report November

20 17

San Fernando Valley

RodeoRE.com

Table of Contents Arleta

3

18

4

San Fernando

Shadow Hills

Bell Canyon Burbank

5

Sherman Oaks

20

Calabasas

6

Studio City

21

Chatsworth

7

Sun Valley

22

Encino

8

Sylmar

23

Granada Hills

9

Tarzana

24

Hidden Hills

10

Toluca Lake

25

Lake Balboa

11

Valley Glen

26

Mission Hills

12

Valley Village

27

North Hills

13

Van Nuys

28

North Hollywood

14

West Hills

29

Northridge

15

Winnetka

30

Pacoima

16

Woodland Hills

31

Reseda

17

Rodeo Realty RodeoRE.com

19

Arleta

Nov 2016

Nov 2017

%Change

Median Price $420,000

$476,000

13%

12

-45%

$5,563,000

-34%

$463,583

21%

27

-16%

19

-30%

2

100%

Properties Sold

22

Sales Volume $8,414,050

Average Sale Price

$382,457

Properties For Sale 32

Average Days on Market

27

Months Supply of Inventory 1

Average List Price

$466,463

$502,372

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

8%

Bell Canyon

Nov 2016

Median Price $1,162,000

Properties Sold

2

Sales Volume $2,324,000

Average Sale Price

$1,162,000

Properties For Sale 2

Average Days on Market

83

Months Supply of Inventory 9

Average List Price

$1,744,667

Nov 2017 $1,138,375

-2%

2

0%

$2,276,750

-2%

$1,138,375

-2%

2

0%

95

14%

13

44%

$1,424,500

-18%

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

%Change

Burbank

Nov 2016

Nov 2017

%Change

Median Price $705,000

$729,000

3%

62

0%

$49,127,400

8%

$792,377

8%

62

0%

43

-4%

2

-33%

Properties Sold

62

Sales Volume $45,422,050

Average Sale Price

$732,614

Properties For Sale 62

Average Days on Market

45

Months Supply of Inventory 3

Average List Price

$750,237

$787,672

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

5%

Calabasas

Nov 2016

Median Price $1,300,000

Properties Sold

23

Sales Volume $23,553,475

Average Sale Price

$1,222,001

Properties For Sale 113

Average Days on Market

62

Months Supply of Inventory 5

Average List Price

$2,060,326

Nov 2017 $1,340,000

3%

23

0%

$9,153,499

-61%

$1,349,693

10%

87

-23%

78

26%

4

-20%

$2,124,330

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

%Change

3%

Chatsworth

Nov 2016

Nov 2017

%Change

Median Price $535,000

$630,000

18%

38

36%

$26,686,747

21%

$702,283

-11%

Properties Sold

28

Sales Volume $22,040,300

Average Sale Price

$787,154

Properties For Sale 93

Average Days on Market

69

Months Supply of Inventory 3

Average List Price

$722,744

94

1%

38

-45%

2

-33%

$736,759

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

2%

Encino

Nov 2016

Nov 2017

%Change

Median Price $934,500

$930,000

0%

46

-8%

$55,758,000

-11%

$1,212,130

-4%

46

-8%

40

-25%

3

-25%

Properties Sold

50

Sales Volume $62,836,473

Average Sale Price

$1,256,729

Properties For Sale 50

Average Days on Market

53

Months Supply of Inventory 4

Average List Price

$1,588,935

$1,591,690

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

0%

Granada Hills

Nov 2016

Nov 2017

%Change

Median Price $558,000

$596,500

7%

46

5%

$29,296,650

18%

$636,884

13%

46

5%

39

-29%

2

0%

$725,386

0%

Properties Sold

44

Sales Volume $24,839,300

Average Sale Price

$564,530

Properties For Sale 44

Average Days on Market

55

Months Supply of Inventory 2

Average List Price

$724,483

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Hidden Hills

Nov 2016

Median Price $3,100,000

Properties Sold

4

Sales Volume $16,460,000

Average Sale Price

$4,115,000

Properties For Sale 4

Average Days on Market

148

Months Supply of Inventory 8

Average List Price

$3,183,250

Nov 2017 $9,175,000

196%

3

-25%

$21,750,000

32%

$7,250,000

76%

3

-25%

146

-1%

8

0%

$11,625,000

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

%Change

265%

**Lake Balboa**

Nov 2016

Nov 2017

%Change

Median Price $548,500

$572,500

4%

Properties Sold

32

Sales Volume $17,241,600

Average Sale Price

$538,800

Properties For Sale 53

Average Days on Market

48

Months Supply of Inventory 2

Average List Price

$561,999

18

-44%

$10,600,750

-39%

$588,931 28

-47%

19

-60%

2

0%

$558,406

-1%

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

9%

Mission Hills

Nov 2016

Nov 2017

%Change

Median Price $448,750

$550,000

23%

4

-67%

$2,174,000

-57%

$543,500

28%

13

-52%

17

-67%

3

50%

$536,317

20%

Properties Sold

12

Sales Volume $5,096,000

Average Sale Price

$424,667

Properties For Sale 27

Average Days on Market

52

Months Supply of Inventory 2

Average List Price

$448,667

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

North Hills

Nov 2016

Nov 2017

%Change

Median Price $485,000

$567,500

17%

28

4%

$15,178,340

25%

$542,084

20%

55

-31%

34

-24%

2

-33%

Properties Sold

27

Sales Volume $12,170,400

Average Sale Price

$450,756

Properties For Sale 80

Average Days on Market

45

Months Supply of Inventory 3

Average List Price

$497,593

$539,151

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

8%

North Hollywood

Nov 2016

Nov 2017

%Change

Median Price $499,500

$565,000

13%

48

37%

$27,309,500

65%

$568,948

21%

48

37%

36

-10%

2

-50%

$655,844

19%

Properties Sold

35

Sales Volume $16,511,500

Average Sale Price

$471,757

Properties For Sale 35

Average Days on Market

40

Months Supply of Inventory 4

Average List Price

$552,949

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Northridge

Nov 2016

Nov 2017

%Change

Median Price $615,000

$637,000

4%

Properties Sold

78

Sales Volume $49,503,969

Average Sale Price

$634,666

Properties For Sale 202

Average Days on Market

43

Months Supply of Inventory 3

Average List Price

$749,312

52

-33%

$34,044,548

-31%

$654,703 113

-44%

37

-14%

2

-33%

$782,081

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

3%

4%

Pacoima

Nov 2016

Nov 2017

%Change

Median Price $400,000

$430,000

8%

27

23%

$12,497,500

45%

$462,870

18%

40

-47%

39

18%

1

-67%

$439,565

15%

Properties Sold

22

Sales Volume $8,623,950

Average Sale Price

$391,998

Properties For Sale 75

Average Days on Market

33

Months Supply of Inventory 3

Average List Price

$380,587

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Reseda

Nov 2016

Nov 2017

%Change

Median Price $476,500

$517,000

8%

42

31%

$21,143,700

36%

$503,421

4%

42

31%

32

-32%

2

-50%

$492,776

10%

Properties Sold

32

Sales Volume $15,508,482

Average Sale Price

$484,640

Properties For Sale 32

Average Days on Market

47

Months Supply of Inventory 4

Average List Price

$446,606

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

San Fernando

Nov 2016

Nov 2017

%Change

Median Price $399,500

$467,000

17%

11

-45%

$4,810,000

-40%

$437,273

10%

21

-19%

32

-24%

2

100%

$473,600

15%

Properties Sold

20

Sales Volume $7,978,800

Average Sale Price

$398,940

Properties For Sale 26

Average Days on Market

42

Months Supply of Inventory 1

Average List Price

$411,300

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Shadow Hills

Nov 2016

Nov 2017

%Change

Median Price $725,000

$878,000

21%

7

0%

$6,118,000

30%

$874,000

30%

24

-20%

91

23%

3

-25%

$1,064,500

10%

Properties Sold

7

Sales Volume $4,690,000

Average Sale Price

$670,000

Properties For Sale 30

Average Days on Market

74

Months Supply of Inventory 4

Average List Price

$970,765

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Sherman Oaks

Nov 2016

Median Price $784,000

Nov 2017

%Change

$895,000

14%

Properties Sold 80

Sales Volume $81,586,600

79

-1%

$86,425,384

6%

$1,093,992

7%

Average Sale Price

$1,019,833

Properties For Sale 259

Average Days on Market

47

Months Supply of Inventory 3

Average List Price

$1,134,584

151

-42%

36

-23%

2

-33%

$1,269,365

12%

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Studio City

Nov 2016

Median Price $1,140,000

Properties Sold

47

Sales Volume $59,408,848

Average Sale Price

$1,264,018

Properties For Sale 146

Average Days on Market

60

Months Supply of Inventory 3

Average List Price

$1,165,770

Nov 2017 $1,150,000

1%

47

0%

$58,839,280

-1%

$1,251,900

-1%

115

-21%

30

-50%

2

-33%

$1,555,635

33%

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

%Change

Sun Valley

Nov 2016

Nov 2017

%Change

Median Price $484,500

$517,000

7%

15

25%

$7,697,900

20%

$513,193

-4%

54

10%

12

-71%

4

0%

$576,479

12%

Properties Sold

12

Sales Volume $6,438,400

Average Sale Price

$536,533

Properties For Sale 49

Average Days on Market

41

Months Supply of Inventory 4

Average List Price

$514,533

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Sylmar

Nov 2016

Nov 2017

%Change

Median Price $460,000

$491,450

7%

54

-5%

$26,871,108

4%

$497,613

10%

111

-28%

28

-53%

2

-33%

Properties Sold

57

Sales Volume $25,804,753

Average Sale Price

$452,715

Properties For Sale 155

Average Days on Market

59

Months Supply of Inventory 3

Average List Price

$455,700

$471,908

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

4%

Tarzana

Nov 2016

Nov 2017

%Change

Median Price $765,000

$515,000

-33%

43

-2%

$31,437,916

-15%

$731,114

-13%

123

-8%

41

-2%

3

0%

$1,423,928

76%

Properties Sold

44

Sales Volume $36,953,757

Average Sale Price

$839,858

Properties For Sale 133

Average Days on Market

42

Months Supply of Inventory 3

Average List Price

$807,939

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Toluca Lake

Nov 2016

Nov 2017

%Change

Median Price $672,000

$662,500

-1%

12

-14%

$12,240,858

-31%

$1,020,072

-20%

23

-41%

16

-67%

2

-33%

$1,157,669

49%

Properties Sold

14

Sales Volume $17,805,000

Average Sale Price

$1,271,786

Properties For Sale 39

Average Days on Market

48

Months Supply of Inventory 3

Average List Price

$779,172

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Valley Glen

Nov 2016

Nov 2017

%Change

Median Price $600,000

$700,000

17%

9

-57%

$7,382,000

-41%

$820,222

38%

34

-32%

30

-48%

4

100%

Properties Sold

21

Sales Volume $12,510,000

Average Sale Price

$595,714

Properties For Sale 50

Average Days on Market

58

Months Supply of Inventory 2

Average List Price

$696,669

$754,426

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

8%

Valley Village

Nov 2016

Nov 2017

%Change

Median Price $841,321

$924,000

10%

19

12%

$19,225,500

18%

$1,011,868

6%

Properties Sold

17

Sales Volume $16,293,321

Average Sale Price

$958,431

Properties For Sale 53

Average Days on Market

35

Months Supply of Inventory 3

Average List Price

$857,786

27

-49%

32

-9%

1

-67%

$956,329

11%

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Van Nuys

Nov 2016

Nov 2017

%Change

Median Price $448,500

$482,000

7%

35

3%

$16,759,500

3%

$478,843

0%

35

3%

25

-53%

3

0%

$555,658

16%

Properties Sold

34

Sales Volume $16,257,090

Average Sale Price

$478,150

Properties For Sale 34

Average Days on Market

53

Months Supply of Inventory 3

Average List Price

$480,669

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

West Hills

Nov 2016

Nov 2017

%Change

Median Price $629,900

$671,000

7%

48

37%

$32,872,560

44%

$684,845

5%

48

37%

40

-25%

2

-33%

$747,525

11%

Properties Sold

35

Sales Volume $22,765,731

Average Sale Price

$650,449

Properties For Sale 35

Average Days on Market

53

Months Supply of Inventory 3

Average List Price

$672,293

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Winnetka

Nov 2016

Nov 2017

%Change

Median Price $498,950

$520,000

4%

Properties Sold

33

27%

Sales Volume $12,598,575

$16,506,500

31%

Average Sale Price

$500,197

3%

26

$484,561

Properties For Sale 76

54

-29%

Average Days on Market

25

-48%

Months Supply of Inventory 3

2

-33%

Average List Price

$510,730

10%

48

$466,351

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

Woodland Hills

Nov 2016

Nov 2017

%Change

Median Price $680,000

$685,500

1%

84

25%

$63,502,350

35%

$755,980

7%

218

-8%

40

-9%

3

-25%

$896,173

14%

Properties Sold

67

Sales Volume $47,191,041

Average Sale Price

$704,344

Properties For Sale 237

Average Days on Market

44

Months Supply of Inventory 4

Average List Price

$787,840

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Rodeo Realty RodeoRE.com

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