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
Jan 2012
Jan 2013
%Change
Median Price $256,250
$270,000
5
Properties Sold
22
Sales Volume $5,717,059
Average Sale Price
$259,866
Properties For Sale 79
Average Days on Market
67
Month’s Supply of Inventory 3.59
Average List Price
$266,374
13
-41
$3,536,418
-38
$272,032
5
28
-65
44
-34
2.15
-40
$304,263
14
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Burbank
Jan 2012
Jan 2013
Median Price $514,900
$521,750
Properties Sold
39
Sales Volume $22,142,733
Average Sale Price
$567,762
Properties For Sale 167
Average Days on Market
67
Month’s Supply of Inventory 4.28
Average List Price
$553,101
%Change 1
32
-18
$18,055,574
-18
$564,237
-1
88
-47
49
-27
2.75
-36
$608,589
10
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Calabasas
Jan 2012
Jan 2013
%Change
Median Price $950,000
$859,000
-10
27
59
$28,012,925
37
$1,037,516
-14
70
-47
75
-35
2.59
-67
$1,823,929
33
Properties Sold
17
Sales Volume $20,463,500
Average Sale Price
$1,203,735
Properties For Sale 133
Average Days on Market
116
Month’s Supply of Inventory 7.82
Average List Price
$1,373,290
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Chatsworth
Jan 2012
Jan 2013
%Change
Median Price $385,900
$455,000
18
21
91
Properties Sold
11
Sales Volume $4,326,900
Average Sale Price
$393,355
Properties For Sale 116
Average Days on Market
112
Month’s Supply of Inventory 10.55
Average List Price
$489,317
$9,475,400
119
$451,210
15
49
-58
51
-54
2.33
-78
$640,977
31
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Encino
Jan 2012
Jan 2013
%Change
Median Price $572,500
$690,000
21
27
-4
$20,587,500
-13
$791,827
-6
88
-42
61
-31
3.26
-40
$1,157,534
17
Properties Sold
28
Sales Volume $23,699,950
Average Sale Price
$846,427
Properties For Sale 152
Average Days on Market
89
Month’s Supply of Inventory 5.43
Average List Price
$990,052
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Granada Hills
Jan 2012
Jan 2013
%Change
Median Price $355,500
$387,500
9
Properties Sold
46
Sales Volume $17,527,198
Average Sale Price
$381,026
Properties For Sale 172
Average Days on Market
78
Month’s Supply of Inventory 3.74
Average List Price
$442,486
34
-26
$15,356,000
-12
$451,647
19
79
-54
57
-27
2.32
-38
$460,404
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
4
Hidden Hills
Jan 2012
Jan 2013
Median Price $3,700,000
$2,250,000
-39
2
-33
Properties Sold
3
Sales Volume $13,600,000
Average Sale Price
$4,533,333
Properties For Sale 27
Average Days on Market
126
Month’s Supply of Inventory 9
Average List Price
$4,969,909
$4,500,000
%Change
-67
$2,250,000
-50
26
-4
41
-67
13
44
$3,319,231
-33
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Lake Balboa
Jan 2012
Jan 2013
%Change
Median Price $336,000
$397,450
18
12
0
$4,519,900
12
$376,658
12
33
-25
35
-36
2.75
-25
Properties Sold
12
Sales Volume $4,021,500
Average Sale Price
$335,125
Properties For Sale 44
Average Days on Market
55
Month’s Supply of Inventory 3.67
Average List Price
$349,066
$378,725
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
8
Mission Hills
Jan 2012
Jan 2013
%Change
Median Price $271,250
$315,250
16
10
0
$3,137,240
19
$313,724
19
18
-67
60
49
-18
Month’s Supply of Inventory 5.5
1.8
-67
$322,229
12
Properties Sold
10
Sales Volume $2,629,950
Average Sale Price
$262,995
Properties For Sale 55
Average Days on Market
Average List Price
$286,580
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hills
Jan 2012
Jan 2013
%Change
Median Price $324,950
$365,000
12
20
-17
$7,253,500
-9
$362,675
9
Properties Sold
24
Sales Volume $7,997,633
Average Sale Price
$333,235
Properties For Sale 99
Average Days on Market
83
Month’s Supply of Inventory 4.13
Average List Price
$308,280
30
-70
52
-37
1.5
-64
$379,367
23
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hollywood
Jan 2012
Jan 2013
%Change
Median Price $310,000
$349,000
13
25
-42
$8,667,600
-37
Properties Sold
43
Sales Volume $13,739,750
Average Sale Price
$319,529
Properties For Sale 189
Average Days on Market
81
Month’s Supply of Inventory 4.4
Average List Price
$310,651
$346,704
9
87
-54
61
-25
3.48
-21
$394,946
27
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Northridge
Jan 2012
Jan 2013
%Change
Median Price $505,500
$489,000
-3
55
62
$28,771,175
69
$523,112
5
Properties Sold
34
Sales Volume $16,911,366
Average Sale Price
$499,746
Properties For Sale 271
Average Days on Market
94
Month’s Supply of Inventory 7.97
Average List Price
$471,937
102
-62
54
-43
1.85
-77
$531,247
13
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Pacoima
Jan 2012
Jan 2013
%Change
Median Price $245,000
$247,500
1
Properties Sold
25
Sales Volume $6,308,700
Average Sale Price
$241,468
Properties For Sale 120
Average Days on Market
74
Month’s Supply of Inventory 4.8
Average List Price
$231,547
16
-36
$4,090,500
-35
$255,656
6
41
-66
35
-53
2.56
-47
$278,230
20
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Reseda
Jan 2012
Jan 2013
%Change
Median Price $272,500
$330,000
21
29
-15
Properties Sold
34
Sales Volume $9,418,800
Average Sale Price
$277,024
Properties For Sale 166
Average Days on Market
94
Month’s Supply of Inventory 4.88
Average List Price
$297,769
$10,120,400
7
$348,979
26
49
-70
56
-40
1.69
-65
$341,480
15
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
Jan 2012
Jan 2013
%Change
Median Price $235,000
$284,000
21
14
56
$4,165,900
100
$297,564
29
18
-68
34
-68
1.29
-79
$275,883
13
Properties Sold
9
Sales Volume $2,079,200
Average Sale Price
$231,022
Properties For Sale 56
Average Days on Market
106
Month’s Supply of Inventory 6.22
Average List Price
$243,719
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Shadow Hills
Jan 2012
Jan 2013
%Change
Median Price $450,000
$604,000
34
1
-67
Properties Sold
3
Sales Volume $1,485,000
$604,000
-59
$604,000
22
11
-31
205
39
-81
Month’s Supply of Inventory 5.33
11
106
$524,500
-18
Average Sale Price
$495,000
Properties For Sale 16
Average Days on Market
Average List Price
$639,450
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sherman Oaks
Jan 2012
Jan 2013
%Change
Median Price $641,500
$783,500
22
31
-14
$26,700,950
-3
$861,321
13
117
-34
62
-41
3.77
-23
$1,031,448
23
Properties Sold
36
Sales Volume $27,488,148
Average Sale Price
$763,560
Properties For Sale 177
Average Days on Market
105
Month’s Supply of Inventory 4.92
Average List Price
$840,502
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Studio City
Jan 2012
Jan 2013
%Change
Median Price $790,000
$745,000
-6
Properties Sold
7
Sales Volume $5,870,000
Average Sale Price
$838,571
Properties For Sale 97
Average Days on Market
52
Month’s Supply of Inventory 13.86
Average List Price
$1,135,612
22
214
$19,286,500
229
$876,659
5
74
-24
74
42
3.36
-76
$1,451,544
28
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sun Valley
Jan 2012
Jan 2013
%Change
Median Price $236,000
$290,000
23
15
7
$4,751,000
33
$316,733
24
47
-48
34
-49
3.13
-51
$343,056
16
Properties Sold
14
Sales Volume $3,570,000
Average Sale Price
$255,000
Properties For Sale 90
Average Days on Market
67
Month’s Supply of Inventory 6.43
Average List Price
$296,255
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sylmar
Jan 2012
Jan 2013
%Change
Median Price $281,831
$320,000
14
30
-35
$9,324,400
-31
$310,813
6
Properties Sold
46
Sales Volume $13,471,061
Average Sale Price
$292,849
Properties For Sale 254
Average Days on Market
91
Month’s Supply of Inventory 5.52
Average List Price
$287,579
101
-60
90
-1
3.37
-39
$334,012
16
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Tarzana
Jan 2012
Jan 2013
%Change
Median Price $575,000
$825,000
43
Properties Sold
17
0
Sales Volume $12,682,760
$14,784,000
17
Average Sale Price
$869,647
17
Properties For Sale 139
77
-45
Average Days on Market
90
5
17
$746,045
86
Month’s Supply of Inventory 8.18
4.53
Average List Price
$1,005,405
$918,817
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
-45 9
Toluca Lake
Jan 2012
Jan 2013
Median Price $0
$1,649,000
n/a
11
n/a
$17,863,634
n/a
$1,623,967
n/a
23
-21
0
129
n/a
Month’s Supply of Inventory 0
2.09
n/a
$1,731,650
133
Properties Sold
0
Sales Volume $0
Average Sale Price
$0
Properties For Sale 29
Average Days on Market
Average List Price
$744,667
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Valley Glen
Jan 2012
Jan 2013
%Change
Median Price $402,500
$498,250
24
12
100
$6,325,250
155
$527,104
28
27
-16
42
-39
2.25
-58
$501,387
-9
Properties Sold
6
Sales Volume $2,476,000
Average Sale Price
$412,667
Properties For Sale 32
Average Days on Market
69
Month’s Supply of Inventory 5.33
Average List Price
$548,781
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Village
Jan 2012
Jan 2013
%Change
Median Price $473,750
$612,500
29
10
-17
$6,112,000
-9
$611,200
10
31
-26
65
77
18
Month’s Supply of Inventory 3.5
3.1
-11
Properties Sold
12
Sales Volume $6,685,400
Average Sale Price
$557,117
Properties For Sale 42
Average Days on Market
Average List Price
$668,326
$727,224
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
9
Van Nuys
Jan 2012
Jan 2013
%Change
Median Price $255,000
$350,000
37
25
-11
Properties Sold
28
Sales Volume $7,383,500
Average Sale Price
$263,696
Properties For Sale 178
Average Days on Market
90
Month’s Supply of Inventory 6.36
Average List Price
$321,318
$8,652,900
17
$346,116
31
65
-63
73
-19
2.6
-59
$386,301
20
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
West Hills
Jan 2012
Jan 2013
%Change
Median Price $419,620
$495,750
18
28
8
$14,571,090
30
$520,396
21
89
-43
61
-16
3.18
-47
$542,036
10
Properties Sold
26
Sales Volume $11,205,705
Average Sale Price
$430,989
Properties For Sale 157
Average Days on Market
73
Month’s Supply of Inventory 6.04
Average List Price
$491,140
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Winnetka
Jan 2012
Jan 2013
%Change
Median Price $309,900
$352,500
14
18
-5
$6,415,650
9
$356,425
15
36
-65
85
12
2
-63
$360,658
11
Properties Sold
19
Sales Volume $5,902,500
Average Sale Price
$310,658
Properties For Sale 104
Average Days on Market
76
Month’s Supply of Inventory 5.47
Average List Price
$326,197
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Woodland Hills
Jan 2012
Jan 2013
%Change
Median Price $522,500
$575,000
10
51
28
$33,706,300
44
$660,908
13
149
-39
54
-39
2.92
-52
$703,783
21
Properties Sold
40
Sales Volume $23,450,890
Average Sale Price
$586,272
Properties For Sale 243
Average Days on Market
88
Month’s Supply of Inventory 6.08
Average List Price
$581,279
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
RODEO REALTY MARKETING DEPARTMENT