San Fernando Valley Macro Market DATA*
Mar 2014
6 month
3 month
Mar 2015
% change
Median Price ..........................................................
$727,643
$731,429
$780,429
$770,000
5.8%
Average Price per Square Foot ...........................
$376
$403
$388
$414
10.2%
Properties Sold .......................................................
368
420
491
446
21.2%
Properties Pending Sale .......................................
471
465
456
589
25.1%
Properties For Sale ................................................
899
1,167
1,004
899
0.0%
Days on Market (Pending Sale) ...........................
58
62
64
70
19.9%
Month’s Supply of Inventory ................................
2.4
2.8
2
2
-17.5%
Percent Under Contract ........................................
52.4%
39.8%
45.4%
65.5%
25.1%
Average Median Price for Last 12 Months ........
$703,857
$764,500
$773,714
$769,585
9.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot MAR
$727
APR
$770,000
MAY JUN
MEDIAN SALES PRICE
JUL
$414
AUG SEP
AVERAGE PRICE PER SQ FT
OCT NOV DEC
2 MONTH’S SUPPLY OF INVENTORY
JAN FEB MAR
$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : March 2015
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