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
Feb 2012
Feb 2013
%Change
Median Price $263,750
$299,000
13
20
11
$6,055,900
26
$302,795
14
25
-64
54
10
1.25
-68
$325,026
32
Properties Sold
18
Sales Volume $4,793,279
Average Sale Price
$266,293
Properties For Sale 70
Average Days on Market
49
Month’s Supply of Inventory 3.89
Average List Price
$247,142
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Burbank
Feb 2012
Feb 2013
%Change
Median Price $460,000
$538,500
17
45
7
$24,714,526
19
$549,212
11
93
-47
52
-40
2.07
-51
$737,601
31
Properties Sold
42
Sales Volume $20,802,286
Average Sale Price
$495,293
Properties For Sale 177
Average Days on Market
87
Month’s Supply of Inventory 4.21
Average List Price
$564,512
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Calabasas
Feb 2012
Feb 2013
Median Price $865,000
$1,222,500
41
18
20
$24,447,888
61
$1,358,216
34
67
-52
129
124
-4
Month’s Supply of Inventory 9.27
3.72
-60
$1,675,174
33
Properties Sold
15
Sales Volume $15,183,500
Average Sale Price
$1,012,233
Properties For Sale 139
Average Days on Market
Average List Price
$1,255,772
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Chatsworth
Feb 2012
Feb 2013
%Change
Median Price $385,900
$455,000
18
19
-14
Properties Sold
22
Sales Volume $9,705,500
Average Sale Price
$411,159
Properties For Sale 121
Average Days on Market
63
Month’s Supply of Inventory 5.5
Average List Price
$513,140
$9,522,500
-2
$501,184
14
49
-60
54
-14
2.58
-53
$571,779
11
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Encino
Feb 2012
Feb 2013
%Change
Median Price $882,500
$935,000
6
26
8
$26,990,365
10
$1,038,091
1
Properties Sold
24
Sales Volume $24,579,625
Average Sale Price
$1,024,151
Properties For Sale 150
102
-32
102
103
1
Month’s Supply of Inventory 6.25
3.92
-37
$1,329,136
16
Average Days on Market
Average List Price
$1,141,280
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Granada Hills
Feb 2012
Feb 2013
%Change
Median Price $376,885
$407,500
8
42
31
$19,280,867
46
$459,068
11
77
-52
52
-42
1.83
-63
$503,319
23
Properties Sold
32
Sales Volume $13,190,770
Average Sale Price
$412,212
Properties For Sale 160
Average Days on Market
89
Month’s Supply of Inventory 5
Average List Price
$407,654
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Hidden Hills
Feb 2012
Feb 2013
Median Price $2,175,000
$2,175,000
0
3
50
$7,400,000
70
$2,466,667
13
34
17
100
2
Properties Sold
2
Sales Volume $4,350,000
Average Sale Price
$2,175,000
Properties For Sale 29
Average Days on Market
98
Month’s Supply of Inventory 14.5
Average List Price
$3,370,500
%Change
11.33
-22
$2,640,182
-22
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Lake Balboa
Feb 2012
Feb 2013
%Change
Median Price $303,000
$409,975
35
8
0
$3,392,950
34
$424,119
34
22
-59
64
-30
2.75
-59
Properties Sold
8
Sales Volume $2,540,000
Average Sale Price
$317,500
Properties For Sale 54
Average Days on Market
92
Month’s Supply of Inventory 6.75
Average List Price
$356,046
$366,820
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
3
Mission Hills
Feb 2012
Feb 2013
%Change
Median Price $282,500
$316,800
12
11
-8
$3,542,133
0
$322,012
9
Properties Sold
12
Sales Volume $3,540,000
Average Sale Price
$295,000
Properties For Sale 49
Average Days on Market
110
Month’s Supply of Inventory 4.08
Average List Price
$272,575
15
-69
55
-50
1.36
-67
$356,560
31
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hills
Feb 2012
Feb 2013
%Change
Median Price $325,000
$381,500
17
20
-26
$7,544,500
-9
$377,225
23
28
-68
49
-44
1.4
-57
$391,055
22
Properties Sold
27
Sales Volume $8,269,999
Average Sale Price
$306,296
Properties For Sale 88
Average Days on Market
88
Month’s Supply of Inventory 3.26
Average List Price
$321,375
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hollywood
Feb 2012
Feb 2013
%Change
Median Price $283,000
$365,000
29
27
-40
$10,422,200
-20
$386,007
34
87
-52
73
3
Properties Sold
45
Sales Volume $13,001,400
Average Sale Price
$288,920
Properties For Sale 181
Average Days on Market
71
Month’s Supply of Inventory 4.02
Average List Price
$307,114
3.22
-20
$389,806
27
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Northridge
Feb 2012
Feb 2013
%Change
Median Price $465,000
$471,009
1
49
23
$25,466,259
30
$519,720
6
Properties Sold
40
Sales Volume $19,558,000
Average Sale Price
$488,950
Properties For Sale 265
Average Days on Market
85
Month’s Supply of Inventory 6.63
Average List Price
$545,442
114
-57
58
-32
2.33
-65
$613,040
12
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Pacoima
Feb 2012
Feb 2013
%Change
Median Price $249,000
$254,500
2
24
14
$6,196,449
26
$258,185
11
31
-74
58
14
1.29
-77
$271,644
21
Properties Sold
21
Sales Volume $4,899,599
Average Sale Price
$233,314
Properties For Sale 117
Average Days on Market
51
Month’s Supply of Inventory 5.57
Average List Price
$223,866
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Reseda
Feb 2012
Feb 2013
%Change
Median Price $275,000
$327,500
19
24
-27
Properties Sold
33
Sales Volume $9,436,450
Average Sale Price
$285,953
Properties For Sale 154
Average Days on Market
89
Month’s Supply of Inventory 4.67
Average List Price
$297,657
$8,190,896
-13
$341,287
19
47
-69
82
-8
1.96
-58
$367,625
24
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
Feb 2012
Feb 2013
%Change
Median Price $240,000
$301,000
25
8
-50
$2,311,000
-38
$288,875
25
20
-67
33
-45
2.5
-33
$297,107
21
Properties Sold
16
Sales Volume $3,701,500
Average Sale Price
$231,344
Properties For Sale 60
Average Days on Market
60
Month’s Supply of Inventory 3.75
Average List Price
$245,278
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Shadow Hills
Feb 2012
Feb 2013
%Change
Median Price $0
$480,000
n/a
2
n/a
$960,000
n/a
$480,000
n/a
8
-50
13
n/a
4
n/a
$699,999
31
Properties Sold
0
Sales Volume $0
Average Sale Price
$0
Properties For Sale 16
Average Days on Market
0
Month’s Supply of Inventory 0
Average List Price
$535,000
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sherman Oaks
Feb 2012
Feb 2013
%Change
Median Price $633,500
$699,000
10
32
3
$24,288,900
5
$759,028
1
Properties Sold
31
Sales Volume $23,191,500
Average Sale Price
$748,113
Properties For Sale 185
Average Days on Market
94
Month’s Supply of Inventory 5.97
Average List Price
$913,710
128
-31
58
-38
4
-33
$897,027
-2
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Studio City
Feb 2012
Feb 2013
%Change
Median Price $790,000
$745,000
-6
16
-11
$15,528,800
-19
$970,550
-9
70
-23
43
-50
4.38
-13
$1,372,467
19
Properties Sold
18
Sales Volume $19,247,055
Average Sale Price
$1,069,281
Properties For Sale 91
Average Days on Market
86
Month’s Supply of Inventory 5.06
Average List Price
$1,153,060
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sun Valley
Feb 2012
Feb 2013
%Change
Median Price $283,500
$310,982
10
24
33
$7,709,964
22
$321,249
-9
45
-55
50
-32
1.88
-66
$341,651
10
Properties Sold
18
Sales Volume $6,331,000
Average Sale Price
$351,722
Properties For Sale 99
Average Days on Market
74
Month’s Supply of Inventory 5.5
Average List Price
$310,047
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sylmar
Feb 2012
Feb 2013
%Change
Median Price $251,720
$340,000
35
28
-36
Properties Sold
44
Sales Volume $11,060,636
Average Sale Price
$251,378
Properties For Sale 233
Average Days on Market
86
Month’s Supply of Inventory 5.3
Average List Price
$291,748
$9,063,250
-18
$323,688
29
84
-64
75
-13
3
-43
$305,336
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
5
Tarzana
Feb 2012
Feb 2013
Median Price $515,000
$792,500
54
Properties Sold
14
-44
Sales Volume $15,992,424
$12,480,299
-22
Average Sale Price
$891,450
39
Properties For Sale 143
91
-36
Average Days on Market
88
-2
Month’s Supply of Inventory 5.72
6.50
14
Average List Price
$978,821
2
25
$639,697
90
$962,476
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Toluca Lake
Feb 2012
Feb 2013
Median Price $750,000
$1,720,000
Properties Sold
3
Sales Volume $2,640,000
Average Sale Price
$880,000
Properties For Sale 31
Average Days on Market
232
Month’s Supply of Inventory 10.33
Average List Price
$1,874,322
%Change 129
3
0
$4,660,000
77
$1,533,333
77
20
-35
122
-47
6.67
-35
$1,689,090
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
1
Valley Glen
Feb 2012
Feb 2013
%Change
Median Price $415,000
$413,500
0
Properties Sold
11
6
-45
$2,806,000
-39
$467,667
13
27
-21
129
52
-60
Month’s Supply of Inventory 3.09
4.5
46
$482,681
7
Sales Volume $4,567,000
Average Sale Price
$415,182
Properties For Sale 34
Average Days on Market
Average List Price
$451,185
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Village
Feb 2012
Feb 2013
%Change
Median Price $475,000
$750,000
58
10
0
$7,966,250
50
$796,625
50
22
-55
69
69
0
Month’s Supply of Inventory 4.9
2.2
-55
Properties Sold
10
Sales Volume $5,295,099
Average Sale Price
$529,410
Properties For Sale 49
Average Days on Market
Average List Price
$672,038
$679,039
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
1
Van Nuys
Feb 2012
Feb 2013
%Change
Median Price $310,000
$352,500
14
30
-3
Properties Sold
31
Sales Volume $9,307,699
Average Sale Price
$300,248
Properties For Sale 185
Average Days on Market
99
Month’s Supply of Inventory 5.97
Average List Price
$312,213
$10,696,900
15
$356,563
19
65
-65
55
-44
2.17
-64
$372,609
19
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
West Hills
Feb 2012
Feb 2013
%Change
Median Price $390,000
$450,000
15
32
3
$15,405,514
8
$481,422
4
Properties Sold
31
Sales Volume $14,291,500
Average Sale Price
$461,016
Properties For Sale 156
Average Days on Market
116
Month’s Supply of Inventory 5.03
Average List Price
$492,256
101
-35
50
-57
3.16
-37
$558,629
13
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Winnetka
Feb 2012
Feb 2013
%Change
Median Price $324,900
$383,000
18
19
-24
$6,816,800
-15
$358,779
12
39
-59
42
-31
2.05
-47
$379,537
15
Properties Sold
25
Sales Volume $8,012,399
Average Sale Price
$320,496
Properties For Sale 96
Average Days on Market
61
Month’s Supply of Inventory 3.84
Average List Price
$329,442
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Woodland Hills
Feb 2012
Feb 2013
%Change
Median Price $570,000
$562,500
-1
58
26
$34,913,100
27
$601,950
1
Properties Sold
46
Sales Volume $27,500,574
Average Sale Price
$597,839
Properties For Sale 234
Average Days on Market
92
Month’s Supply of Inventory 5.09
Average List Price
$560,551
154
-34
71
-23
2.66
-48
$691,903
23
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
RODEO REALTY MARKETING DEPARTMENT