Local Market Report
July
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
July 2016
July 2017
%Change
Median Price $415,000
$440,000
6%
Properties Sold
14
Sales Volume $5,653,500
Average Sale Price
$403,821
Properties For Sale 45
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$488,890
12
-14%
$4,702,000
-17%
$391,833
-3%
29
-36%
42
-33%
2
#REF!
$463,669
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-5%
Bell Canyon
July 2016
Median Price $1,038,000
Properties Sold
2
Sales Volume $2,076,000
Average Sale Price
$1,038,000
Properties For Sale 48
Average Days on Market
78
Months Supply of Inventory 24
Average List Price
$1,053,765
July 2017 $1,425,000
37%
5
150%
$5,739,200
176%
$1,147,840
11%
37
-23%
67
-14%
7
-71%
$1,711,625
62%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Burbank
July 2016
July 2017
%Change
Median Price $676,750
$655,000
-3%
121
26%
$70,709,165
18%
$584,373
-6%
290
-14%
27
-40%
2
-50%
$646,484
-1%
Properties Sold
96
Sales Volume $59,965,517
Average Sale Price
$624,641
Properties For Sale 336
Average Days on Market
45
Months Supply of Inventory 4
Average List Price
$650,239
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
July 2016
July 2017
%Change
Median Price $482,000
$665,000
38%
57
8%
$49,069,500
18%
$860,868
8%
Properties Sold
53
Sales Volume $41,494,452
Average Sale Price
$797,970
Properties For Sale 332
Average Days on Market
57
Months Supply of Inventory 6
Average List Price
$962,362
276
-17%
30
-47%
5
-17%
$1,154,792
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Chatsworth
July 2016
Median Price 500,000
Properties Sold
63
Sales Volume $29,560,084
Average Sale Price
$469,208
Properties For Sale 63
Average Days on Market
59
Months Supply of Inventory 4
Average List Price
$585,919
July 2017
%Change
$401,000
-20%
53
-16%
$23,265,360
-21%
$438,969
-6%
53
-16%
48
-19%
4
0%
$528,087
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-10%
Encino
July 2016
July 2017
%Change
Median Price $770,000
$650,000
-16%
103
34%
$101,392,140
29%
$984,390
-4%
366
-4%
34
-38%
4
-20%
$1,222,120
26%
Properties Sold
77
Sales Volume $78,594,613
Average Sale Price
$1,020,709
Properties For Sale 382
Average Days on Market
55
Months Supply of Inventory 5
Average List Price
$972,651
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
July 2016
July 2017
%Change
Median Price $550,000
$579,450
5%
Properties Sold
57
Sales Volume $32,851,712
Average Sale Price
$576,346
Properties For Sale 190
Average Days on Market
49
Months Supply of Inventory 3
Average List Price
$530,678
50
-12%
$27,584,550
-16%
$551,691
-4%
203
7%
27
-45%
4
33%
$689,238
30%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
July 2016
Median Price $2,275,000
Properties Sold
5
Sales Volume $24,288,500
Average Sale Price
$4,857,700
Properties For Sale 5
Average Days on Market
75
Months Supply of Inventory 11
Average List Price
$6,951,500
July 2017 $5,750,000
153%
6
20%
$39,766,500
64%
$6,627,750
36%
6
20%
93
24%
6
-45%
$6,179,650
-11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Lake Balboa
July 2016
July 2017
%Change
Median Price $502,000
$573,250
14%
30
-21%
$14,637,873
-8%
$487,929
16%
67
-27%
19
-49%
2
0%
$493,198
2%
Properties Sold
38
Sales Volume $15,972,245
Average Sale Price
$420,322
Properties For Sale 92
Average Days on Market
37
Months Supply of Inventory 2
Average List Price
$482,532
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Mission Hills
July 2016
July 2017
%Change
Median Price $483,056
$506,250
5%
10
0%
$4,476,500
10%
$447,650
10%
26
-26%
27
8%
3
-25%
$519,207
40%
Properties Sold
10
Sales Volume $4,081,905
Average Sale Price
$408,191
Properties For Sale 35
Average Days on Market
25
Months Supply of Inventory 4
Average List Price
$371,415
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hills
July 2016
July 2017
%Change
Median Price $515,000
$515,000
0%
Properties Sold
33
Sales Volume $15,694,900
Average Sale Price
$475,603
Properties For Sale 120
Average Days on Market
61
Months Supply of Inventory 4
Average List Price
$421,335
28
-15%
$18,816,355
20%
$672,013
41%
106
-12%
25
-59%
4
0%
$481,065
14%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hollywood
July 2016
July 2017
%Change
Median Price $460,000
$540,000
17%
55
-14%
$34,042,748
17%
$618,959
37%
55
-14%
28
-49%
5
25%
$592,532
-9%
Properties Sold
64
Sales Volume $29,004,700
Average Sale Price
$453,198
Properties For Sale 64
Average Days on Market
55
Months Supply of Inventory 4
Average List Price
$648,959
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
July 2016
July 2017
%Change
Median Price $547,500
$585,000
7%
Properties Sold
126
Sales Volume $62,240,659
Average Sale Price
$493,973
Properties For Sale 487
Average Days on Market
49
Months Supply of Inventory 4
Average List Price
$555,885
89
-29%
$47,327,837
-24%
$531,773 364
-25%
37
-24%
4
0%
$574,669
3%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Pacoima
July 2016
July 2017
%Change
Median Price $385,000
$431,000
12%
17
-11%
Properties Sold
19
Sales Volume $6,449,390
Average Sale Price
$339,442
Properties For Sale 73
Average Days on Market
33
Months Supply of Inventory 3
Average List Price
$337,523
$6,751,699
5%
$397,159
17%
51
-30%
23
-30%
2
-33%
$398,171
18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
July 2016
July 2017
%Change
Median Price $467,500
$480,000
3%
Properties Sold
58
Sales Volume $24,504,026
Average Sale Price
$422,483
Properties For Sale 58
Average Days on Market
44
Months Supply of Inventory 3
Average List Price
$422,808
39
-33%
$20,987,650
-14%
$538,145
27%
39
-33%
30
-32%
3
0%
$572,836
35%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
July 2016
July 2017
%Change
Median Price $419,000
$450,000
7%
Properties Sold
19
Sales Volume $7,304,589
Average Sale Price
$384,452
Properties For Sale 58
Average Days on Market
52
Months Supply of Inventory 4
Average List Price
$402,258
17
-11%
$9,768,600
34%
$574,624
49%
43
-26%
35
-33%
2
-50%
$483,558
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
July 2016
July 2017
%Change
Median Price $785,000
$795,000
1%
Properties Sold
7
Sales Volume $5,648,000
Average Sale Price
$806,857
Properties For Sale 40
Average Days on Market
99
Months Supply of Inventory 6
Average List Price
$533,750
6
-14%
$4,794,500
-15%
$799,083
-1%
33
-18%
21
-79%
6
0%
$649,028
22%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
July 2016 Median Price $720,000
July 2017
%Change
$615,000
-15%
Properties Sold 123 Sales Volume $103,914,304
105
-15%
$95,240,065
-8%
$907,048
6%
518
-8%
34
-37%
5
0%
$844,050
11%
Average Sale Price
$851,757
Properties For Sale 560
Average Days on Market
54
Months Supply of Inventory 5
Average List Price
$761,572
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
July 2016
July 2017
%Change
Median Price $779,000
$715,000
-8%
73
-3%
$60,835,868
-10%
$833,368
-8%
315
-12%
30
-45%
4
-20%
Properties Sold
75
Sales Volume $67,833,439
Average Sale Price
$904,446
Properties For Sale 359
Average Days on Market
55
Months Supply of Inventory 5
Average List Price
$956,788
$1,034,825
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Sun Valley
July 2016
July 2017
%Change
Median Price $459,000
$580,000
26%
29
0%
$13,660,600
26%
$593,128
26%
80
8%
22
-44%
3
0%
$486,348
0%
Properties Sold
29
Sales Volume $10,851,000
Average Sale Price
$471,412
Properties For Sale 74
Average Days on Market
39
Months Supply of Inventory 3
Average List Price
$484,753
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
July 2016
July 2017
%Change
Median Price $425,500
$431,900
2%
Properties Sold
62
Sales Volume $26,219,439
Average Sale Price
$422,894
Properties For Sale 231
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$435,669
52
-16%
$21,860,100
-17%
$420,387
-1%
186
-19%
34
-39%
4
0%
$454,759
4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
July 2016
July 2017
%Change
Median Price $437,500
$683,000
56%
58
18%
$43,191,680
25%
$744,684
5%
256
-7%
47
-25%
4
-33%
Properties Sold
49
Sales Volume $34,663,223
Average Sale Price
$707,413
Properties For Sale 274
Average Days on Market
63
Months Supply of Inventory 6
Average List Price
$804,421
$874,746
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
9%
Toluca Lake
July 2016
July 2017
%Change
Median Price $490,000
$930,000
90%
19
-10%
$38,697,765
155%
$2,036,724
181%
75
-18%
34
-38%
4
0%
$909,920
68%
Properties Sold
21
Sales Volume $15,203,020
Average Sale Price
$723,953
Properties For Sale 92
Average Days on Market
55
Months Supply of Inventory 4
Average List Price
$542,318
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
July 2016
July 2017
%Change
Median Price $600,000
$600,000
0%
29
12%
$17,664,338
4%
$609,115
-6%
70
-15%
25
-43%
2
-33%
Properties Sold
26
Sales Volume $16,917,682
Average Sale Price
$650,680
Properties For Sale 82
Average Days on Market
44
Months Supply of Inventory 3
Average List Price
$629,308
$627,984
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
0%
Valley Village
July 2016
July 2017
%Change
Median Price $812,989
$675,000
-17%
Properties Sold
36
Sales Volume $24,787,793
Average Sale Price
$688,550
Properties For Sale 133
Average Days on Market
48
Months Supply of Inventory 4
Average List Price
$671,862
37
3%
$25,123,741
1%
$679,020
-1%
113
-15%
21
-56%
3
-25%
$778,799
16%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
July 2016
July 2017
%Change
Median Price $464,000
$420,000
-9%
42
-14%
$59,792,533
110%
$1,458,354
146%
134
-17%
25
-62%
3
0%
$733,162
18%
Properties Sold
49
Sales Volume $28,469,739
Average Sale Price
$593,120
Properties For Sale 162
Average Days on Market
65
Months Supply of Inventory 3
Average List Price
$623,923
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
July 2016
July 2017
%Change
Median Price $604,000
$630,000
4%
72
18%
$45,130,984
33%
$626,819
11%
215
-5%
32
-27%
3
-25%
$549,514
-2%
Properties Sold
61
Sales Volume $33,984,955
Average Sale Price
$566,416
Properties For Sale 226
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$561,134
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
July 2016
July 2017
%Change
Median Price $433,000
$460,000
6%
Properties Sold
38
-17%
Sales Volume $24,567,990
$15,514,983
-37%
Average Sale Price
$408,289
-24%
Properties For Sale 123
117
-5%
Average Days on Market
19
-47%
Months Supply of Inventory 3
3
0%
Average List Price
$458,289
16%
46
$534,087
36
$393,575
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
July 2016
July 2017
%Change
Median Price $601,000
$570,000
-5%
125
6%
$67,364,195
-1%
$538,914
-7%
125
6%
32
-30%
5
-17%
$576,895
-9%
Properties Sold
118
Sales Volume $68,252,068
Average Sale Price
$578,407
Properties For Sale 118
Average Days on Market
46
Months Supply of Inventory 6
Average List Price
$631,240
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT