Local Market Report
San Fernando Valley Area At Rodeo Realty, we believe education is the key to helping clients make the best possible decisions about buying and selling homes. Our Local Market Reports provide comprehensive analyses of real estate trends in specific communities, versus quoting national, state, and/or county statistics. The fact is market conditions can vary greatly from neighborhood to neighborhood, and sometimes from one block to the next.
RodeoMarketReports.com
Table of Contents Arleta
3
San Fernando
17
Burbank
4
Shadow Hills
18
Calabasas
5
Sherman Oaks
19
Chatsworth
6
Studio City
20
Encino
7
Sun Valley
21
Granada Hills
8
Sylmar
22
Hidden Hills
9
Tarzana
23
Lake Balboa
10
Toluca Lake
24
Mission Hills
11
Valley Glen
25
North Hills
12
Valley Village
26
North Hollywood
13
Van Nuys
27
Northridge
14
West Hills
28
Pacoima
15
Winnetka
29
Reseda
16
Woodland Hills
30
Rodeo Realty RodeoMarketReports.com
Arleta
Oct 2011
Oct 2012
%Change
Median Price $266,400
$270,000
1
Properties Sold
34
Sales Volume $8,883,994
Average Sale Price
$261,294
Properties For Sale 102
Average Days on Market
77
Month’s Supply of Inventory 3
Average List Price
$259,223
24 $6,397,499 $266,562
-29 -28 2
44
-57
58
-25
1.8
-39
$290,638
12
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Burbank
Oct 2011
Oct 2012
%Change
Median Price $456,000
$518,500
14
50
25
$25,712,450
33
$514,249
6
Properties Sold
40
Sales Volume $19,365,450
Average Sale Price
$484,136
Properties For Sale 211
131
-38
84
68
-19
Month’s Supply of Inventory 5.3
2.6
-50
Average Days on Market
Average List Price
$547,474
$598,932
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
9
Calabasas
Oct 2011
Oct 2012
Median Price $1,130,000
$1,100,000
-3
19
27
$29,799,000
68
$1,568,368
33
97
-34
118
92
-22
Month’s Supply of Inventory 9.8
5.1
-48
$1,291,704
-41
Properties Sold
15
Sales Volume $17,714,000
Average Sale Price
$1,180,933
Properties For Sale 147
Average Days on Market
Average List Price
$2,176,826
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Chatsworth
Oct 2011
Oct 2012
%Change
Median Price $395,000
$390,500
-1
27
59
Properties Sold
17
Sales Volume $7,116,000
Average Sale Price
$418,588
Properties For Sale 121
$12,081,700
70
$447,470
7
76
-37
75
70
-7
Month’s Supply of Inventory 7.1
2.8
-61
$614,107
18
Average Days on Market
Average List Price
$520,660
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Encino
Oct 2011
Oct 2012
%Change
Median Price $875,000
$601,000
-31
38
31
$28,917,625
-4
$760,990
-27
136
-24
89
71
-20
Month’s Supply of Inventory 6.2
3.6
-42
Properties Sold
29
Sales Volume $30,153,500
Average Sale Price
$1,039,776
Properties For Sale 180
Average Days on Market
Average List Price
$1,036,762
$1,110,144
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
7
Granada Hills
Oct 2011
Oct 2012
%Change
Median Price $350,000
$410,000
17
51
24
$22,704,026
45
$445,177
16
94
-55
74
64
-14
Month’s Supply of Inventory 5.1
1.8
-64
$458,609
-12
Properties Sold
41
Sales Volume $15,691,260
Average Sale Price
$382,714
Properties For Sale 207
Average Days on Market
Average List Price
$520,390
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Hidden Hills
Oct 2011
Oct 2012
Median Price $3,700,000
$2,550,000
-31
2
100
$5,100,000
38
$2,550,000
-31
29
-9
58
-65
14.5
-55
Properties Sold
1
Sales Volume $3,700,000
Average Sale Price
$3,700,000
Properties For Sale 32
Average Days on Market
164
Month’s Supply of Inventory 32
Average List Price
$3,048,333
$3,298,000
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
8
Lake Balboa
Oct 2011
Oct 2012
%Change
Median Price $308,500
$372,500
21
14
40
$5,343,380
62
$381,670
16
27
-52
54
87
61
Month’s Supply of Inventory 5.6
1.9
-66
$384,722
-4
Properties Sold
10
Sales Volume $3,303,500
Average Sale Price
$330,350
Properties For Sale 56
Average Days on Market
Average List Price
$398,823
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Mission Hills
Oct 2011
Oct 2012
%Change
Median Price $260,050
$330,000
27
22
120
$6,990,500
163
$317,750
20
21
-62
58
0
1
-83
$335,117
20
Properties Sold
10
Sales Volume $2,653,500
Average Sale Price
$265,350
Properties For Sale 55
Average Days on Market
58
Month’s Supply of Inventory 5.5
Average List Price
$279,987
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hills
Oct 2011
Oct 2012
%Change
Median Price $335,000
$350,000
4
25
9
Properties Sold
23
Sales Volume $7,815,200
Average Sale Price
$339,791
Properties For Sale 130
Average Days on Market
83
Month’s Supply of Inventory 5.6
Average List Price
$315,715
$8,519,000
9
$340,760
0
51
-61
52
-37
2
-64
$372,339
18
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hollywood
Oct 2011
Oct 2012
%Change
Median Price $310,000
$311,000
0
51
46
$16,992,000
53
$333,176
5
Properties Sold
35
Sales Volume $11,119,900
Average Sale Price
$317,711
Properties For Sale 238
123
-48
89
49
-45
Month’s Supply of Inventory 6.8
2.4
-65
Average Days on Market
Average List Price
$334,397
$337,252
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
1
Northridge
Oct 2011
Oct 2012
%Change
Median Price $520,000
$464,050
-11
82
44
$40,829,309
40
$497,918
-3
148
-51
80
60
-25
Month’s Supply of Inventory 5.3
1.8
-66
Properties Sold
57
Sales Volume $29,145,953
Average Sale Price
$511,333
Properties For Sale 302
Average Days on Market
Average List Price
$511,780
$522,351
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
2
Pacoima
Oct 2011
Oct 2012
%Change
Median Price $220,000
$265,000
20
37
68
Properties Sold
22
Sales Volume $4,695,060
Average Sale Price
$213,412
Properties For Sale 127
Average Days on Market
61
Month’s Supply of Inventory 5.77
Average List Price
$245,226
$9,241,890
97
$249,781
17
60
-53
51
-16
1.6
-72
$242,554
-1
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Reseda
Oct 2011
Oct 2012
%Change
Median Price $285,000
$300,000
16
47
18
$14,938,600
27
$317,843
8
Properties Sold
40
Sales Volume $11,720,099
Average Sale Price
$293,002
Properties For Sale 217
75
-65
86
52
-40
Month’s Supply of Inventory 5.4
1.6
-71
$359,301
19
Average Days on Market
Average List Price
$300,726
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
Oct 2011
Oct 2012
%Change
Median Price $240,000
$247,325
3
Properties Sold
21
Sales Volume $5,104,200
Average Sale Price
$243,057
Properties For Sale 64
Average Days on Market
53
Month’s Supply of Inventory 3.1
Average List Price
$264,769
12 $3,041,149 $253,429
-43 -40 4
36
-44
63
19
3
-2
$256,535
-3
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Shadow Hills
Oct 2011
Oct 2012
%Change
Median Price $475,000
$607,500
28
2
100
$1,215,000
156
$607,500
28
15
-35
46
118
157
Month’s Supply of Inventory 23
7.5
-67
$664,800
-23
Properties Sold
1
Sales Volume $475,000
Average Sale Price
$475,000
Properties For Sale 23
Average Days on Market
Average List Price
$857,983
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sherman Oaks
Oct 2011
Oct 2012
%Change
Median Price $620,000
$749,150
21
60
67
$49,456,900
93
$824,282
16
171
-16
78
73
-6
Month’s Supply of Inventory 5.6
2.9
-49
$999,881
15
Properties Sold
36
Sales Volume $25,678,849
Average Sale Price
$713,301
Properties For Sale 203
Average Days on Market
Average List Price
$869,213
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Studio City
Oct 2011
Oct 2012
%Change
Median Price $870,000
$875,000
1
33
50
$34,582,250
63
$1,047,947
9
Properties Sold
22
Sales Volume $21,185,800
Average Sale Price
$962,991
Properties For Sale 121
92
-24
92
63
-32
Month’s Supply of Inventory 5.5
2.8
-49
$1,164,127
16
Average Days on Market
Average List Price
$1,001,726
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sun Valley
Oct 2011
Oct 2012
%Change
Median Price $212,500
$299,900
41
27
35
Properties Sold
20
Sales Volume $4,818,000
$8,947,400
86
$331,385
38
59
-36
73
56
-23
Month’s Supply of Inventory 4.6
2.2
-52
$313,466
14
Average Sale Price
$240,900
Properties For Sale 92
Average Days on Market
Average List Price
$274,255
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sylmar
Oct 2011
Oct 2012
%Change
Median Price $245,000
$321,000
31
56
8
$17,542,937
29
$313,267
20
124
-53
68
60
-12
Month’s Supply of Inventory 5.1
2.2
-57
$323,831
15
Properties Sold
52
Sales Volume $13,549,404
Average Sale Price
$260,565
Properties For Sale 266
Average Days on Market
Average List Price
$281,812
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Tarzana
Oct 2011
Oct 2012
%Change
Median Price $637,500
$478,750
-25
18
-31
$11,913,400
-38
$661,856
-11
116
-18
68
45
-34
Month’s Supply of Inventory 5.5
6.4
18
$926,580
-13
Properties Sold
26
Sales Volume $19,228,900
Average Sale Price
$739,573
Properties For Sale 142
Average Days on Market
Average List Price
$1,059,387
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Toluca Lake
Oct 2011
Oct 2012
%Change
Median Price $970,000
$829,500
-14
7
17
$7,298,500
32
$1,042,643
13
31
19
49
94
92
Month’s Supply of Inventory 4.3
4.4
2
$1,337,307
51
Properties Sold
6
Sales Volume $5,538,000
Average Sale Price
$923,000
Properties For Sale 26
Average Days on Market
Average List Price
$885,333
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Glen
Oct 2011
Oct 2012
%Change
Median Price $455,000
$581,750
28
12
9
$6,444,500
33
$537,042
22
30
-30
93
73
-22
Month’s Supply of Inventory 3.9
2.5
-36
$594,758
52
Properties Sold
11
Sales Volume $4,828,500
Average Sale Price
$438,955
Properties For Sale 43
Average Days on Market
Average List Price
$390,814
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Village
Oct 2011
Oct 2012
%Change
Median Price $416,750
$670,500
61
10
43
$6,472,400
95
$647,240
36
43
-16
82
63
-23
Month’s Supply of Inventory 7.3
4.3
-41
$615,395
-2
Properties Sold
7
Sales Volume $3,321,750
Average Sale Price
$474,536
Properties For Sale 51
Average Days on Market
Average List Price
$629,814
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Van Nuys
Oct 2011
Oct 2012
%Change
Median Price $297,000
$290,299
-2
49
58
Properties Sold
31
Sales Volume $9,350,199
Average Sale Price
$301,619
Properties For Sale 191
$15,938,337
70
$325,272
8
94
-51
67
59
-12
Month’s Supply of Inventory 6.2
1.9
-69
Average Days on Market
Average List Price
$340,449
$361,287
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
6
West Hills
Oct 2011
Oct 2012
%Change
Median Price $432,500
$435,000
1
49
75
$23,739,300
82
$484,476
4
Properties Sold
28
Sales Volume $13,052,900
Average Sale Price
$466,175
Properties For Sale 177
120
-32
55
80
45
Month’s Supply of Inventory 6.3
2.5
-61
$515,816
15
Average Days on Market
Average List Price
$448,886
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Winnetka
Oct 2011
Oct 2012
%Change
Median Price $320,000
$335,000
5
38
65
Properties Sold
23
Sales Volume $7,587,250
Average Sale Price
$329,880
Properties For Sale 111
$12,620,250
66
$332,112
1
59
-47
71
38
46
Month’s Supply of Inventory 4.8
1.6
-68
$357,892
15
Average Days on Market
Average List Price
$310,941
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Woodland Hills
Oct 2011
Oct 2012
%Change
Median Price $505,000
$570,050
13
63
29
$35,268,475
42
$568,846
12
205
-24
90
81
-10
Month’s Supply of Inventory 5.5
3.3
-41
Properties Sold
49
Sales Volume $24,883,284
Average Sale Price
$507,822
Properties For Sale 268
Average Days on Market
Average List Price
$617,506
$645,988
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
5
RODEO REALTY MARKETING DEPARTMENT