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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

March 2012

March 2013

Median Price $255,500

$310,000

21

13

-35

$4,069,400

-19

$313,031

25

28

-47

38

-62

2.15

-19

$312,633

30

Properties Sold

20

Sales Volume $4,999,150

Average Sale Price

$249,958

Properties For Sale 53

Average Days on Market

100

Month’s Supply of Inventory 2.65

Average List Price

$240,428

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

Rodeo Realty RodeoMarketReports.com

%Change


Burbank

March 2012

March 2013

Median Price $471,500

$570,000

21

63

13

$40,226,900

43

$638,522

27

80

-53

61

-23

1.27

-58

$610,110

-1

Properties Sold

56

Sales Volume $28,079,477

Average Sale Price

$501,419

Properties For Sale 169

Average Days on Market

79

Month’s Supply of Inventory 3.02

Average List Price

$613,439

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

Rodeo Realty RodeoMarketReports.com

%Change


Calabasas

March 2012

March 2013

%Change

Median Price $975,000

$1,060,000

9

20

-9

$23,044,400

-16

$1,152,220

-7

74

-49

75

-27

3.70

-44

$1,705,331

-14

Properties Sold

22

Sales Volume $27,345,000

Average Sale Price

$1,242,955

Properties For Sale 145

Average Days on Market

103

Month’s Supply of Inventory 6.59

Average List Price

$1,980,709

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

Rodeo Realty RodeoMarketReports.com


Chatsworth

March 2012

March 2013

Median Price $420,000

$440,000

5

24

9

$11,107,500

3

$462,813

-6

52

-58

70

-29

2.17

-62

$562,617

19

Properties Sold

22

Sales Volume $10,830,775

Average Sale Price

$492,308

Properties For Sale 125

Average Days on Market

98

Month’s Supply of Inventory 5.68

Average List Price

$549,256

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

Rodeo Realty RodeoMarketReports.com

%Change


Encino

March 2012

March 2013

Median Price $765,000

$805,000

5

40

11

$36,429,420

5

$910,736

-5

101

-23

45

-38

2.53

-30

Properties Sold

36

Sales Volume $34,678,260

Average Sale Price

$963,285

Properties For Sale 131

Average Days on Market

72

Month’s Supply of Inventory 3.64

Average List Price

$1,296,313

$1,312,285

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

Rodeo Realty RodeoMarketReports.com

%Change

1


Granada Hills

March 2012

March 2013

Median Price $403,500

$425,000

5

45

18

$21,456,540

43

$487,649

23

76

-49

36

-67

1.69

-57

$485,358

23

Properties Sold

38

Sales Volume $15,047,150

Average Sale Price

$395,978

Properties For Sale 150

Average Days on Market

109

Month’s Supply of Inventory 3.95

Average List Price

$396,082

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

Rodeo Realty RodeoMarketReports.com

%Change


Hidden Hills

March 2012

March 2013

%Change

Median Price $1,425,000

$2,712,500

90

3

50

$6,425,000

-2

$2,717,500

47

36

29

129

34

-74

Month’s Supply of Inventory 9.33

18

93

$2,745,849

-15

Properties Sold

2

Sales Volume $5,525,000

Average Sale Price

$1,841,667

Properties For Sale 28

Average Days on Market

Average List Price

$3,235,500

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

Rodeo Realty RodeoMarketReports.com


Lake Balboa

March 2012

March 2013

Median Price $297,000

$375,000

26

11

57

$4,251,900

88

$386,536

19

26

-54

19

-74

2.36

-71

$425,517

21

Properties Sold

7

Sales Volume $2,266,000

Average Sale Price

$323,714

Properties For Sale 56

Average Days on Market

72

Month’s Supply of Inventory 8

Average List Price

$350,632

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

Rodeo Realty RodeoMarketReports.com

%Change


Mission Hills

March 2012

March 2013

Median Price $299,000

$320,000

Properties Sold

13

Sales Volume $3,849,500

Average Sale Price

$296,115

Properties For Sale 49

Average Days on Market

44

Month’s Supply of Inventory 3.77

Average List Price

$287,080

%Change 7

11

-15

$3,407,000

-11

$309,727

5

17

-65

18

-59

1.55

-59

$360,289

26

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

Rodeo Realty RodeoMarketReports.com


North Hills

March 2012

March 2013

Median Price $293,500

$385,000

31

20

-29

$7,671,000

-8

$383,550

29

28

-70

42

-53

1.4

-58

$355,650

13

Properties Sold

28

Sales Volume $8,325,401

Average Sale Price

$297,336

Properties For Sale 93

Average Days on Market

90

Month’s Supply of Inventory 3.32

Average List Price

$314,326

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

Rodeo Realty RodeoMarketReports.com

%Change


North Hollywood

March 2012

March 2013

Median Price $289,950

$356,000

23

37

-3

$13,479,500

19

$364,311

22

70

-62

67

-37

1.89

-61

$394,861

30

Properties Sold

38

Sales Volume $11,350,100

Average Sale Price

$298,687

Properties For Sale 182

Average Days on Market

107

Month’s Supply of Inventory 4.79

Average List Price

$303,960

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

Rodeo Realty RodeoMarketReports.com

%Change


Northridge

March 2012

March 2013

Median Price $498,000

$514,500

3

68

24

$34,496,265

24

$507,298

0

Properties Sold

55

Sales Volume $27,794,650

Average Sale Price

$505,357

Properties For Sale 238

Average Days on Market

73

Month’s Supply of Inventory 4.33

Average List Price

$507,217

%Change

100

-58

63

-14

1.47

-66

$614,290

21

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

Rodeo Realty RodeoMarketReports.com


Pacoima

March 2012

March 2013

Median Price $230,000

$265,000

15

11

-62

$2,719,000

-59

Properties Sold

29

Sales Volume $6,624,000

Average Sale Price

$228,414

Properties For Sale 101

Average Days on Market

79

Month’s Supply of Inventory 3.48

Average List Price

$231,900

$247,182

%Change

8

33

-67

42

-47

3

-14

$286,246

23

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

Rodeo Realty RodeoMarketReports.com


Reseda

March 2012

March 2013

Median Price $269,000

$326,750

21

30

-30

$9,569,000

-23

$318,967

10

45

-71

62

-30

1.5

-58

$343,919

13

Properties Sold

43

Sales Volume $12,492,499

Average Sale Price

$290,523

Properties For Sale 155

Average Days on Market

88

Month’s Supply of Inventory 3.60

Average List Price

$305,446

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

Rodeo Realty RodeoMarketReports.com

%Change


San Fernando

March 2012

March 2013

Median Price $235,000

$309,000

31

15

0

$4,355,500

25

$290,367

25

27

-56

103

42

-59

Month’s Supply of Inventory 4.13

1.8

-56

Properties Sold

15

Sales Volume $3,496,376

Average Sale Price

$233,092

Properties For Sale 62

Average Days on Market

Average List Price

$248,291

$270,358

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

Rodeo Realty RodeoMarketReports.com

%Change

9


Shadow Hills

March 2012

March 2013

Median Price $469,500

$520,000

Properties Sold

2

Sales Volume $939,000

Average Sale Price

$469,500

Properties For Sale 20

%Change 11

5

150

$2,555,800

172

$511,160

9

9

-55

60

167

178

Month’s Supply of Inventory 10

1.8

-82

$510,667

-63

Average Days on Market

Average List Price

$1,375,271

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

Rodeo Realty RodeoMarketReports.com


Sherman Oaks

March 2012

March 2013

Median Price $640,000

$800,000

25

44

-10

Properties Sold

49

Sales Volume $34,946,649

Average Sale Price

$713,197

Properties For Sale 190

Average Days on Market

95

Month’s Supply of Inventory 3.88

Average List Price

$846,945

%Change

$37,309,900

7

$847,952

19

134

-29

60

-37

3.05

-21

$1,110,562

31

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

Rodeo Realty RodeoMarketReports.com


Studio City

March 2012

March 2013

Median Price $740,500

$895,000

21

28

12

$32,818,400

61

$1,172,086

43

67

-36

90

102

13

Month’s Supply of Inventory 4.2

2.39

-43

$1,173,397

14

Properties Sold

25

Sales Volume $20,428,698

Average Sale Price

$817,148

Properties For Sale 105

Average Days on Market

Average List Price

$1,032,699

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

Rodeo Realty RodeoMarketReports.com

%Change


Sun Valley

March 2012

March 2013

Median Price $275,000

$305,000

11

19

-17

$5,972,000

-7

$314,316

13

33

-63

60

-18

1.74

-55

$419,097

31

Properties Sold

23

Sales Volume $6,418,800

Average Sale Price

$279,078

Properties For Sale 89

Average Days on Market

73

Month’s Supply of Inventory 3.87

Average List Price

$319,410

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

Rodeo Realty RodeoMarketReports.com

%Change


Sylmar

March 2012

March 2013

Median Price $270,600

$321,000

19

51

-6

$17,008,316

13

$333,496

20

58

-77

54

-30

1.14

-75

$345,880

17

Properties Sold

54

Sales Volume $15,022,983

Average Sale Price

$278,203

Properties For Sale 251

Average Days on Market

77

Month’s Supply of Inventory 4.65

Average List Price

$296,820

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

Rodeo Realty RodeoMarketReports.com

%Change


Tarzana

March 2012

March 2013

Median Price $565,000

$818,000

45

Properties Sold

26

53

Sales Volume $12,850,260

$25,167,999

96

Average Sale Price

$968,000

28

Properties For Sale 129

76

-41

Average Days on Market

83

-14

Month’s Supply of Inventory 7.59

2.92

-62

Average List Price

$842,843

20

17

$755,898

96

$702,709

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

Rodeo Realty RodeoMarketReports.com

%Change


Toluca Lake

March 2012

March 2013

Median Price $640,000

$950,000

48

11

450

$16,254,000

1170

$1,477,636

131

17

-54

48

153

1.55

-92

$1,453,917

-6

Properties Sold

2

Sales Volume $1,280,000

Average Sale Price

$640,000

Properties For Sale 37

Average Days on Market

19

Month’s Supply of Inventory 18.5

Average List Price

$1,514,846

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

Rodeo Realty RodeoMarketReports.com

%Change


Valley Glen

March 2012

March 2013

Median Price $348,250

$519,500

49

16

100

$8,134,850

144

$508,428

22

22

-31

42

-29

1.38

-66

$606,968

11

Properties Sold

8

Sales Volume $3,328,000

Average Sale Price

$416,000

Properties For Sale 32

Average Days on Market

59

Month’s Supply of Inventory 4

Average List Price

$544,518

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

Rodeo Realty RodeoMarketReports.com

%Change


Valley Village

March 2012

March 2013

Median Price $530,000

$675,000

27

15

36

$10,247,400

51

$683,160

11

19

-60

65

-3

1.27

-71

$666,400

-9

Properties Sold

11

Sales Volume $6,784,000

Average Sale Price

$616,727

Properties For Sale 48

Average Days on Market

67

Month’s Supply of Inventory 4.36

Average List Price

$735,641

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

Rodeo Realty RodeoMarketReports.com

%Change


Van Nuys

March 2012

March 2013

Median Price $295,000

$365,000

24

50

-2

$18,121,613

17

$362,432

19

57

-67

72

16

1.14

-66

$416,583

29

Properties Sold

51

Sales Volume $15,516,399

Average Sale Price

$304,243

Properties For Sale 172

Average Days on Market

62

Month’s Supply of Inventory 3.37

Average List Price

$323,103

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

Rodeo Realty RodeoMarketReports.com

%Change


West Hills

March 2012

March 2013

Median Price $420,250

$467,000

11

55

31

$27,752,105

51

$504,584

16

87

-38

58

-35

1.58

-53

$621,694

32

Properties Sold

42

Sales Volume $18,326,050

Average Sale Price

$436,335

Properties For Sale 140

Average Days on Market

89

Month’s Supply of Inventory 3.33

Average List Price

$470,764

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

Rodeo Realty RodeoMarketReports.com

%Change


Winnetka

March 2012

March 2013

Median Price $307,500

$379,000

23

25

-38

Properties Sold

40

Sales Volume $12,571,700

Average Sale Price

$314,293

Properties For Sale 97

Average Days on Market

77

Month’s Supply of Inventory 2.43

Average List Price

$338,505

$9,047,500

%Change

-28

$361,900

15

41

-58

44

-43

1.64

-33

$407,707

20

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

Rodeo Realty RodeoMarketReports.com


Woodland Hills

March 2012

March 2013

Median Price $477,500

$587,500

23

70

6

$45,055,850

29

$643,655

21

138

-40

62

-21

1.97

-43

$731,150

26

Properties Sold

66

Sales Volume $34,978,380

Average Sale Price

$529,975

Properties For Sale 230

Average Days on Market

78

Month’s Supply of Inventory 3.48

Average List Price

$580,100

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

Rodeo Realty RodeoMarketReports.com

%Change


RODEO REALTY MARKETING DEPARTMENT

San Fernando Valley March 2013 Real Estate Market Report  

Provides real estate sales market data for the San Fernando Valley area of Los Angeles

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