Local Market Report
June
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
June 2016
Median Price $425,000
Properties Sold
15
Sales Volume $6,304,125
Average Sale Price
$420,275
Properties For Sale 29
Average Days on Market
46
Months Supply of Inventory 2
Average List Price
$439,129
June 2017
%Change
$470,000
11%
21
40%
$9,837,750
56%
$468,464
11%
22
-24%
36
-22%
1
-50%
$487,192
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Bell Canyon
June 2016
Median Price $1,550,000
Properties Sold
5
Sales Volume $9,698,000
Average Sale Price
$1,939,600
Properties For Sale 25
Average Days on Market
137
Months Supply of Inventory 5
Average List Price
$1,520,280
June 2017
%Change
$1,495,000
-4%
6
20%
$10,421,500
7%
$1,736,917
-10%
19
-24%
23
-83%
3
-40%
$1,765,333
16%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Burbank
June 2016
Median Price $738,000
Properties Sold
64
Sales Volume $51,818,450
Average Sale Price
$809,663
Properties For Sale 140
Average Days on Market
50
Months Supply of Inventory 2
Average List Price
$956,602
June 2017
%Change
$812,500
10%
54
-16%
$48,480,700
-6%
$897,791
11%
115
-18%
26
-48%
2
0%
$909,628
-5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
June 2016
Median Price $1,223,500
Properties Sold
34
Sales Volume $49,820,569
Average Sale Price
$1,465,311
Properties For Sale 127
Average Days on Market
73
Months Supply of Inventory 4
Average List Price
$2,460,546
June 2017
%Change
$1,205,250
-1%
26
-24%
$47,935,400
-4%
$1,843,669
26%
120
-6%
50
-32%
5
25%
$2,014,952
-18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Chatsworth
June 2016
Median Price $600,000
Properties Sold
27
Sales Volume $19,275,950
Average Sale Price
$713,924
Properties For Sale 114
Average Days on Market
68
Months Supply of Inventory 4
Average List Price
$796,182
June 2017
%Change
$677,500
13%
36
33%
$28,206,555
46%
$783,515
10%
76
-33%
31
-54%
2
-50%
$843,417
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
Encino
June 2016
Median Price $1,255,325
Properties Sold
48
Sales Volume $79,785,194
Average Sale Price
$1,662,192
Properties For Sale 158
Average Days on Market
60
Months Supply of Inventory 3
Average List Price
$1,715,253
June 2017
%Change
$1,422,500
13%
52
8%
$84,213,160
6%
$1,619,484
-3%
134
-15%
33
-45%
3
0%
$2,040,461
19%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
June 2016
Median Price $571,250
Properties Sold
46
Sales Volume $27,238,309
Average Sale Price
$592,137
Properties For Sale 105
Average Days on Market
40
Months Supply of Inventory 2
Average List Price
$635,169
June 2017
%Change
$607,500
6%
50
9%
$33,598,000
23%
$671,960
13%
88
-16%
35
-13%
2
0%
$764,888
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
June 2016
Median Price $2,832,000
Properties Sold
5
Sales Volume $21,332,000
Average Sale Price
$4,266,400
Properties For Sale 39
Average Days on Market
107
Months Supply of Inventory 8
Average List Price
$4,957,286
June 2017
%Change
$2,698,434
-5%
4
-20%
$13,614,867
-36%
$3,403,717
-20%
27
-31%
80
-25%
7
-13%
$5,439,667
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Lake Balboa
June 2016
Median Price $549,000
Properties Sold
27
Sales Volume $14,808,000
Average Sale Price
$548,444
Properties For Sale 43
Average Days on Market
45
Months Supply of Inventory 2
Average List Price
$576,684
June 2017
%Change
$590,000
7%
23
-15%
$13,531,501
-9%
$588,326
7%
26
-40%
21
-53%
1
-50%
$650,772
13%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Mission Hills
June 2016
Median Price $465,000
Properties Sold
15
Sales Volume $6,980,900
Average Sale Price
$465,393
Properties For Sale 21
Average Days on Market
47
Months Supply of Inventory 1
Average List Price
$482,218
June 2017
%Change
$497,000
7%
7
-53%
$3,366,500
-52%
$480,929 15
-29%
21
-55%
2
100%
$492,650
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
2%
North Hills
June 2016
Median Price $500,000
Properties Sold
25
Sales Volume $12,642,500
Average Sale Price
$505,700
Properties For Sale 43
Average Days on Market
30
Months Supply of Inventory 2
Average List Price
$548,346
June 2017
%Change
$578,000
16%
38
52%
$21,959,375
74%
$577,878
14%
32
-26%
21
-30%
1
-50%
$559,948
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
2%
North Hollywood
June 2016
Median Price $508,500
Properties Sold
34
Sales Volume $19,842,990
Average Sale Price
$583,617
Properties For Sale 87
Average Days on Market
57
Months Supply of Inventory 3
Average List Price
$570,440
June 2017
%Change
$600,000
18%
43
26%
$26,062,499
31%
$606,105
4%
66
-24%
25
-56%
2
-33%
$625,779
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
June 2016
Median Price $715,000
Properties Sold
78
Sales Volume $56,022,195
Average Sale Price
$718,233
Properties For Sale 193
Average Days on Market
61
Months Supply of Inventory 2
Average List Price
$813,944
June 2017
%Change
$715,000
0%
65
-17%
$48,757,900
-13%
$750,122 137
-29%
35
-43%
2
0%
$797,329
-2%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
Pacoima
June 2016
Median Price $403,000
Properties Sold
22
Sales Volume $8,669,900
Average Sale Price
$394,086
Properties For Sale 38
Average Days on Market
56
Months Supply of Inventory 2
Average List Price
$421,319
June 2017
%Change
$437,500
9%
24
9%
$10,325,900
19%
$430,246
9%
30
-21%
23
-59%
1
-50%
$443,660
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
5%
Reseda
June 2016
Median Price $475,000
Properties Sold
29
Sales Volume $13,969,900
Average Sale Price
$481,721
Properties For Sale 72
Average Days on Market
40
Months Supply of Inventory 2
Average List Price
$502,587
June 2017
%Change
$527,000
11%
31
7%
$16,073,182
15%
$518,490
8%
63
-13%
23
-43%
2
0%
$551,795
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
June 2016
Median Price $439,950
Properties Sold
12
Sales Volume $5,192,900
Average Sale Price
$432,742
Properties For Sale 33
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$412,559
June 2017
%Change
$427,900
-3%
17
42%
$7,700,800
48%
$452,988
5%
19
-42%
40
-11%
1
-67%
$459,829
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
June 2016
Median Price $652,500
Properties Sold
4
Sales Volume $2,559,000
Average Sale Price
$639,750
Properties For Sale 28
Average Days on Market
37
Months Supply of Inventory 7
Average List Price
$881,853
June 2017
%Change
$772,500
18%
4
0%
$3,195,000
25%
$798,750
25%
13
-54%
19
-49%
3
-57%
$1,531,999
74%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
June 2016 Median Price $1,100,000
June 2017
%Change
$1,226,000
11%
Properties Sold 67 Sales Volume $84,708,900
75
12%
$106,771,885
26%
$1,423,625
13%
173
-14%
31
-37%
2
-33%
Average Sale Price
$1,264,312
Properties For Sale 201
Average Days on Market
49
Months Supply of Inventory 3
Average List Price
$1,459,737
$1,509,044
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
Studio City
June 2016
Median Price $1,265,000
Properties Sold
32
Sales Volume $48,417,787
Average Sale Price
$1,513,056
Properties For Sale 124
Average Days on Market
48
Months Supply of Inventory 4
Average List Price
$1,706,438
June 2017
%Change
$1,319,500
4%
32
0%
$54,365,195
12%
$1,698,912
12%
99
-20%
31
-35%
3
-25%
$1,875,432
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sun Valley
June 2016
Median Price $464,000
Properties Sold
25
Sales Volume $11,730,500
Average Sale Price
$469,220
Properties For Sale 41
Average Days on Market
36
Months Supply of Inventory 2
Average List Price
$511,979
June 2017
%Change
$518,000
12%
13
-48%
$6,735,000
-43%
$518,077
10%
30
-27%
27
-25%
2
0%
$565,072
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
June 2016
Median Price $469,950
Properties Sold
38
Sales Volume $17,769,350
Average Sale Price
$467,614
Properties For Sale 102
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$484,911
June 2017
%Change
$500,000
6%
44
16%
$22,899,449
29%
$520,442
11%
79
-23%
33
-27%
2
-33%
$552,414
14%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
June 2016
Median Price $980,000
Properties Sold
35
Sales Volume $39,027,450
Average Sale Price
$1,115,070
Properties For Sale 135
Average Days on Market
65
Months Supply of Inventory 4
Average List Price
$1,206,768
June 2017
%Change
$927,000
-5%
28
-20%
$31,960,000
-18%
$1,141,429
2%
104
-23%
44
-32%
4
0%
$1,385,260
15%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
June 2016
Median Price $895,000
Properties Sold
5
Sales Volume $7,730,000
Average Sale Price
$1,546,000
Properties For Sale 25
Average Days on Market
62
Months Supply of Inventory 5
Average List Price
$1,799,317
June 2017
%Change
$2,950,000
230%
5
0%
$11,200,000
45%
$2,240,000
45%
16
-36%
8
-87%
3
-40%
$1,293,733
-28%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
June 2016
Median Price $635,000
Properties Sold
17
Sales Volume $10,769,200
Average Sale Price
$633,482
Properties For Sale 39
Average Days on Market
61
Months Supply of Inventory 2
Average List Price
$700,314
June 2017
%Change
$837,500
32%
13
-24%
$12,605,500
17%
$969,654
53%
28
-28%
61
0%
2
0%
$784,003
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Village
June 2016
Median Price $900,500
Properties Sold
22
Sales Volume $22,363,038
Average Sale Price
$1,016,502
Properties For Sale 44
Average Days on Market
43
Months Supply of Inventory 2
Average List Price
$1,113,020
June 2017
%Change
$995,500
11%
12
-45%
$12,405,300
-45%
$1,033,775
2%
37
-16%
23
-47%
3
50%
$1,100,663
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
June 2016
Median Price $522,000
Properties Sold
33
Sales Volume $18,144,707
Average Sale Price
$549,840
Properties For Sale 64
Average Days on Market
37
Months Supply of Inventory 2
Average List Price
$570,846
June 2017
%Change
$562,500
8%
26
-21%
$15,005,400
-17%
$577,131
5%
58
-9%
29
-22%
2
0%
$617,199
8%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
June 2016
Median Price $654,000
Properties Sold
38
Sales Volume $26,145,117
Average Sale Price
$688,029
Properties For Sale 123
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$691,470
June 2017
%Change
$653,126
0%
62
63%
$42,679,502
63%
$688,379
0%
123
0%
25
-44%
2
-33%
$736,729
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
7%
Winnetka
June 2016
June 2017
%Change
Median Price $507,500
$527,500
4%
Properties Sold
24
-14%
Sales Volume $14,155,400
$12,861,400
-9%
Average Sale Price
$535,892
6%
28
$505,550
Properties For Sale 51
39
-24%
Average Days on Market
21
-52%
Months Supply of Inventory 2
2
0%
Average List Price
$571,658
6%
44
$539,083
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
June 2016
Median Price $760,000
Properties Sold
77
Sales Volume $66,914,580
Average Sale Price
$869,021
Properties For Sale 247
Average Days on Market
57
Months Supply of Inventory 3
Average List Price
$921,187
June 2017
%Change
$795,000
5%
70
-9%
$61,894,115
-8%
$884,202
2%
197
-20%
25
-56%
3
0%
$962,755
5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT