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
Nov 2011
Nov 2012
%Change
Median Price $250,000
$267,500
7
Properties Sold
25
Sales Volume $6,400,299
Average Sale Price
$256,012
Properties For Sale 87
Average Days on Market
74
Month’s Supply of Inventory 3.5
Average List Price
$257,258
16
-36
$4,431,000
-31
$276,938
8
32
-63
37
-50
2
-43
$291,923
13
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Burbank
Nov 2011
Nov 2012
%Change
Median Price $460,000
$509,500
11
46
-2
$26,064,344
17
$566,616
19
117
-39
60
66
10
Month’s Supply of Inventory 4.1
2.6
-37
$710,453
30
Properties Sold
47
Sales Volume $22,358,490
Average Sale Price
$475,713
Properties For Sale 191
Average Days on Market
Average List Price
$544,521
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Calabasas
Nov 2011
Nov 2012
%Change
Median Price $1,050,000
$942,500
-10
22
29
$32,633,875
68
$1,483,358
30
86
-43
132
115
-13
Month’s Supply of Inventory 8.9
3.9
-56
$1,486,778
-7
Properties Sold
17
Sales Volume $19,426,500
Average Sale Price
$1,142,735
Properties For Sale 151
Average Days on Market
Average List Price
$1,596,602
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Chatsworth
Nov 2011
Nov 2012
%Change
Median Price $397,500
$492,000
24
20
-17
$10,391,000
-1
$519,550
18
68
-48
133
76
-43
Month’s Supply of Inventory 5.5
3.4
-38
$485,558
-25
Properties Sold
24
Sales Volume $10,525,162
Average Sale Price
$438,548
Properties For Sale 132
Average Days on Market
Average List Price
$645,575
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Encino
Nov 2011
Nov 2012
%Change
Median Price $817,500
$665,000
-19
Properties Sold
38
Sales Volume $32,381,055
Average Sale Price
$852,133
Properties For Sale 160
Average Days on Market
118
Month’s Supply of Inventory 4.2
Average List Price
$931,726
39
3
$30,861,250
-5
$791,314
-7
117
-27
52
-56
3
-29
$1,392,998
50
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Granada Hills
Nov 2011
Nov 2012
%Change
Median Price $399,500
$400,000
0
47
24
$20,852,175
33
$443,663
8
Properties Sold
38
Sales Volume $15,629,976
Average Sale Price
$411,315
Properties For Sale 195
91
-53
97
59
-39
Month’s Supply of Inventory 5.1
1.9
-62
$465,854
19
Average Days on Market
Average List Price
$389,849
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Hidden Hills
Nov 2011
Nov 2012
%Change
Median Price $1,660,000
$2,110,000
27
2
-50
$4,220,000
-47
$2,110,000
7
Properties Sold
4
Sales Volume $7,907,500
Average Sale Price
$1,976,875
Properties For Sale 28
Average Days on Market
220
Month’s Supply of Inventory 7
Average List Price
$3,048,857
23
-18
139
-37
11.5
64
$2,395,000
-21
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Lake Balboa
Nov 2011
Nov 2012
%Change
Median Price $363,000
$390,500
8
12
20
$4,528,300
22
$377,358
2
Properties Sold
10
Sales Volume $3,711,000
Average Sale Price
$371,100
Properties For Sale 48
28
-42
40
48
20
Month’s Supply of Inventory 4.8
2.3
-51
$479,204
32
Average Days on Market
Average List Price
$363,594
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Mission Hills
Nov 2011
Nov 2012
%Change
Median Price $275,000
$302,500
10
18
6
$5,570,000
21
$309,444
15
23
-57
113
29
-74
Month’s Supply of Inventory 3.2
1.3
-60
$312,033
-6
Properties Sold
17
Sales Volume $4,590,000
Average Sale Price
$270,000
Properties For Sale 54
Average Days on Market
Average List Price
$330,950
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hills
Nov 2011
Nov 2012
%Change
Median Price $312,000
$375,000
20
32
33
$11,422,750
51
$356,961
13
49
-55
49
34
-31
Month’s Supply of Inventory 4.5
1.5
-66
$386,448
23
Properties Sold
24
Sales Volume $7,560,474
Average Sale Price
$315,020
Properties For Sale 108
Average Days on Market
Average List Price
$314,841
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hollywood
Nov 2011
Nov 2012
%Change
Median Price $316,000
$325,000
3
43
2
$14,777,405
7
$343,661
5
Properties Sold
42
Sales Volume $13,752,300
Average Sale Price
$327,436
Properties For Sale 222
105
-53
70
65
-7
Month’s Supply of Inventory 5.3
2.4
-54
$357,685
13
Average Days on Market
Average List Price
$316,466
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Northridge
Nov 2011
Nov 2012
%Change
Median Price $475,000
$500,000
5
59
4
$31,282,200
12
$530,207
8
Properties Sold
57
Sales Volume $27,856,161
Average Sale Price
$488,705
Properties For Sale 280
141
-50
92
70
-24
Month’s Supply of Inventory 4.9
2.4
-51
Average Days on Market
Average List Price
$487,020
$507,465
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
4
Pacoima
Nov 2011
Nov 2012
%Change
Median Price $229,500
$259,500
13
22
0
$5,606,000
17
$254,818
17
50
-59
64
47
-27
Month’s Supply of Inventory 5.5
2.3
-59
Properties Sold
22
Sales Volume $4,781,000
Average Sale Price
$217,318
Properties For Sale 121
Average Days on Market
Average List Price
$228,381
$234,932
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
3
Reseda
Nov 2011
Nov 2012
%Change
Median Price $269,000
$343,000
28
39
-20
$13,386,274
-7
$343,238
17
71
-63
97
49
-49
Month’s Supply of Inventory 3.9
1.8
-54
$322,334
-4
Properties Sold
49
Sales Volume $14,371,395
Average Sale Price
$293,294
Properties For Sale 193
Average Days on Market
Average List Price
$337,015
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
Nov 2011
Nov 2012
%Change
Median Price $225,000
$267,500
19
16
129
$4,301,400
161
$268,838
14
24
-60
65
45
-31
Month’s Supply of Inventory 8.6
1.5
-82
$291,511
22
Properties Sold
7
Sales Volume $1,651,079
Average Sale Price
$235,868
Properties For Sale 60
Average Days on Market
Average List Price
$239,308
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Shadow Hills
Nov 2011
Nov 2012
%Change
Median Price $500,000
$478,000
-4
1
0
$478,000
-4
$478,000
-4
19
-5
129
95
19
-5
$606,000
21
Properties Sold
1
Sales Volume $500,000
Average Sale Price
$500,000
Properties For Sale 20
Average Days on Market
66
Month’s Supply of Inventory 20
Average List Price
$499,000
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sherman Oaks
Nov 2011
Nov 2012
%Change
Median Price $590,000
$617,000
5
50
43
$38,502,699
44
$770,054
1
Properties Sold
35
Sales Volume $26,802,500
Average Sale Price
$765,786
Properties For Sale 200
Average Days on Market
94
Month’s Supply of Inventory 5.7
Average List Price
$797,706
150
-25
70
-26
3
-47
$896,729
12
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Studio City
Nov 2011
Nov 2012
%Change
Median Price $698,750
$977,000
40
21
17
$23,166,950
71
$1,103,188
47
86
-20
60
-35
4.1
-32
$1,359,124
51
Properties Sold
18
Sales Volume $13,516,037
Average Sale Price
$750,891
Properties For Sale 108
Average Days on Market
92
Month’s Supply of Inventory 6
Average List Price
$902,781
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sun Valley
Nov 2011
Nov 2012
%Change
Median Price $278,750
$270,000
-3
21
5
$6,627,000
19
$315,571
13
48
-53
91
46
-49
Month’s Supply of Inventory 5.1
2.3
-55
$343,429
25
Properties Sold
20
Sales Volume $5,587,900
Average Sale Price
$279,395
Properties For Sale 102
Average Days on Market
Average List Price
$275,634
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sylmar
Nov 2011
Nov 2012
%Change
Median Price $307,250
$300,000
-2
44
-15
$15,960,399
-8
$362,736
8
Properties Sold
52
Sales Volume $17,386,600
Average Sale Price
$334,358
Properties For Sale 264
105
-60
65
81
25
Month’s Supply of Inventory 5.1
2.4
-53
$337,296
18
Average Days on Market
Average List Price
$285,576
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Tarzana
Nov 2011
Nov 2012
%Change
Median Price $565,000
$737,500
31
31
63
$27,320,500
86
$910,683
17
104
-33
75
63
-16
Month’s Supply of Inventory 8.2
3.4
-59
$967,086
33
Properties Sold
19
Sales Volume $14,726,632
Average Sale Price
$775,086
Properties For Sale 155
Average Days on Market
Average List Price
$727,494
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Toluca Lake
Nov 2011
Nov 2012
Median Price $880,000
$1,250,000
42
8
167
$12,618,000
86
$1,577,250
-30
29
12
239
76
-68
Month’s Supply of Inventory 8.7
3.6
-58
$1,355,725
-7
Properties Sold
3
Sales Volume $6,778,500
Average Sale Price
$2,259,500
Properties For Sale 26
Average Days on Market
Average List Price
$1,450,400
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Valley Glen
Nov 2011
Nov 2012
%Change
Median Price $379,000
$515,500
36
12
20
$6,394,000
75
$532,833
46
24
-37
36
-63
2
-47
$564,720
11
Properties Sold
10
Sales Volume $3,654,500
Average Sale Price
$365,450
Properties For Sale 38
Average Days on Market
98
Month’s Supply of Inventory 3.8
Average List Price
$509,531
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Village
Nov 2011
Nov 2012
%Change
Median Price $521,750
$739,000
42
13
30
$10,199,173
73
$784,552
33
39
-22
27
-68
3
-40
Properties Sold
10
Sales Volume $5,892,500
Average Sale Price
$589,250
Properties For Sale 50
Average Days on Market
84
Month’s Supply of Inventory 5
Average List Price
$677,697
$700,717
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
3
Van Nuys
Nov 2011
Nov 2012
%Change
Median Price $317,950
$320,000
1
37
-3
$12,915,399
2
$349,065
5
Properties Sold
38
Sales Volume $12,616,921
Average Sale Price
$332,024
Properties For Sale 189
Average Days on Market
81
Month’s Supply of Inventory 5
Average List Price
$317,723
93
-51
56
-31
2.5
-49
$327,635
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
3
West Hills
Nov 2011
Nov 2012
%Change
Median Price $401,800
$460,000
14
51
76
$25,687,180
97
$503,670
12
107
-34
60
73
22
Month’s Supply of Inventory 5.6
2.1
-62
Properties Sold
29
Sales Volume $13,040,450
Average Sale Price
$449,671
Properties For Sale 162
Average Days on Market
Average List Price
$489,432
$487,104
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
0
Winnetka
Nov 2011
Nov 2012
%Change
Median Price $315,000
$315,000
0
33
94
$10,896,500
104
Properties Sold
17
Sales Volume $5,337,099
Average Sale Price
$313,947
Properties For Sale 123
$330,197
5
50
-59
63
60
-5
Month’s Supply of Inventory 7.2
1.5
-79
$352,220
15
Average Days on Market
Average List Price
$307,296
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Woodland Hills
Nov 2011
Nov 2012
%Change
Median Price $533,000
$519,700
-2
56
17
$32,296,390
17
$576,721
0
Properties Sold
48
Sales Volume $27,715,616
Average Sale Price
$577,409
Properties For Sale 251
193
-23
74
66
-11
Month’s Supply of Inventory 5.2
3.5
-34
$705,180
17
Average Days on Market
Average List Price
$605,039
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
RODEO REALTY MARKETING DEPARTMENT