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
Sept 2011
Sept 2012
%Change
Median Price $259,000
$270,000
4
17
13
Properties Sold
15
Sales Volume $3,938,000
Average Sale Price
$262,533
Properties For Sale 117
$4,589,900
17
$269,994
3
47
-60
45
32
-29
Month’s Supply of Inventory 7.8
2.8
-65
Average Days on Market
Average List Price
$266,968
$286,025
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
7
Burbank
Sept 2011
Sept 2012
%Change
Median Price $481,500
$522,000
8
46
5
$24,989,750
16
$543,225
11
120
-44
65
59
-9
Month’s Supply of Inventory 4.9
2.8
-47
Properties Sold
44
Sales Volume $21,574,350
Average Sale Price
$490,326
Properties For Sale 216
Average Days on Market
Average List Price
$573,622
$615,924
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
7
Calabasas
Sept 2011
Sept 2012
%Change
Median Price $1,404,500
$975,500
-31
14
-46
$15,056,000
-63
$1,075,429
-32
98
-33
87
-38
7
25
$1,227,605
-15
Properties Sold
26
Sales Volume $40,972,000
Average Sale Price
$1,575,846
Properties For Sale 146
Average Days on Market
141
Month’s Supply of Inventory 5.6
Average List Price
$1,437,603
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Chatsworth
Sept 2011
Sept 2012
%Change
Median Price $487,000
$487,000
0
23
15
Properties Sold
20
Sales Volume $9,580,937
$13,107,220
37
$569,879
19
82
-33
93
92
-1
Month’s Supply of Inventory 6.2
3.6
-42
Average Sale Price
$479,047
Properties For Sale 123
Average Days on Market
Average List Price
$527,429
$533,071
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
1
Encino
Sept 2011
Sept 2012
%Change
Median Price $829,000
$544,975
-34
23
-4
$20,010,425
7
$870,018
12
143
-24
72
66
-8
Month’s Supply of Inventory 7.8
6.2
-21
$1,215,120
20
Properties Sold
24
Sales Volume $18,647,998
Average Sale Price
$777,000
Properties For Sale 188
Average Days on Market
Average List Price
$1,013,002
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Granada Hills
Sept 2011
Sept 2012
%Change
Median Price $407,500
$400,000
-2
36
-10
$14,868,948
-24
$413,026
-16
100
-56
63
53
-16
Month’s Supply of Inventory 5.7
2.8
-51
Properties Sold
40
Sales Volume $19,688,399
Average Sale Price
$492,210
Properties For Sale 226
Average Days on Market
Average List Price
$417,014
$435,900
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
5
Hidden Hills
Sept 2011
Sept 2012
%Change
Median Price $6,900,000
$7,000,000
1
1
0
$7,000,000
1
$7,000,000
1
Properties Sold
1
Sales Volume $6,900,000
Average Sale Price
$6,900,000
Properties For Sale 36
Average Days on Market
126
Month’s Supply of Inventory 36
Average List Price
$2,990,551
24
-33
29
-77
24
-33
$3,522,000
18
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Lake Balboa
Sept 2011
Sept 2012
%Change
Median Price $325,000
$349,000
7
Properties Sold
19
15
-21
$5,625,400
-10
$375,027
14
24
-59
47
72
9
Month’s Supply of Inventory 3.1
1.6
-49
$316,523
26
Sales Volume $6,270,720
Average Sale Price
$330,038
Properties For Sale 59
Average Days on Market
Average List Price
$276,900
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Mission Hills
Sept 2011
Sept 2012
%Change
Median Price $300,000
$270,500
-10
14
-18
$3,988,629
-22
$284,902
-5
21
-64
47
38
-19
Month’s Supply of Inventory 3.5
1.5
-57
$316,523
14
Properties Sold
17
Sales Volume $5,113,298
Average Sale Price
$300,782
Properties For Sale 59
Average Days on Market
Average List Price
$276,900
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hills
Sept 2011
Sept 2012
%Change
Median Price $339,500
$349,000
3
Properties Sold
22
Sales Volume $7,188,000
Average Sale Price
$326,727
Properties For Sale 135
15
-32
$5,297,000
-26
$353,133
8
44
-67
72
36
-50
Month’s Supply of Inventory 6.1
2.9
-52
$379,211
15
Average Days on Market
Average List Price
$328,414
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hollywood
Sept 2011
Sept 2012
%Change
Median Price $295,500
$349,000
3
Properties Sold
22
Sales Volume $7,188,000
Average Sale Price
$326,727
Properties For Sale 135
15
-32
$5,297,000
-26
$353,133
8
44
-67
72
36
-50
Month’s Supply of Inventory 5.4
2.5
-52
$379,211
15
Average Days on Market
Average List Price
$328,414
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Northridge
Sept 2011
Sept 2012
%Change
Median Price $465,000
$505,000
9
76
7
$38,264,837
6
$503,485
-1
164
-45
95
61
-36
Month’s Supply of Inventory 4.2
2.2
-49
$544,894
11
Properties Sold
71
Sales Volume $36,072,223
Average Sale Price
$508,059
Properties For Sale 300
Average Days on Market
Average List Price
$493,092
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Pacoima
Sept 2011
Sept 2012
%Change
Median Price $229,000
$223,000
-3
33
43
Properties Sold
23
Sales Volume $5,013,499
Average Sale Price
$217,978
Properties For Sale 127
Average Days on Market
49
Month’s Supply of Inventory 5.5
Average List Price
$247,214
$7,494,750
49
$227,114
4
66
-48
65
33
2
-64
$265,157
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
7
Reseda
Sept 2011
Sept 2012
%Change
Median Price $275,000
$324,450
18
40
-7
$12,871,900
3
$321,798
10
73
-67
89
48
-46
Month’s Supply of Inventory 5.1
1.8
-64
$355,968
14
Properties Sold
43
Sales Volume $12,532,850
Average Sale Price
$291,462
Properties For Sale 218
Average Days on Market
Average List Price
$321,071
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
Sept 2011
Sept 2012
%Change
Median Price $226,250
$232,500
3
Properties Sold
18
Sales Volume $4,130,700
Average Sale Price
$229,483
Properties For Sale 69
8 $1,976,000 $247,000
-56 -52 8
34
-51
86
46
-47
Month’s Supply of Inventory 3.8
4.3
11
$273,126
21
Average Days on Market
Average List Price
$225,300
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Shadow Hills
Sept 2011
Sept 2012
%Change
Median Price $427,500
$600,000
40
1
-50
$600,000
-30
$600,000
40
17
-29
53
-69
17
42
$1,150,000
60
Properties Sold
2
Sales Volume $855,000
Average Sale Price
$427,500
Properties For Sale 24
Average Days on Market
170
Month’s Supply of Inventory 12
Average List Price
$719,400
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sherman Oaks
Sept 2011
Sept 2012
%Change
Median Price $734,000
$775,000
6
37
3
$29,706,200
4
$802,870
1
182
-9
81
78
-4
Month’s Supply of Inventory 5.6
4.9
-12
$859,505
10
Properties Sold
36
Sales Volume $28,530,650
Average Sale Price
$792,518
Properties For Sale 201
Average Days on Market
Average List Price
$782,010
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Studio City
Sept 2011
Sept 2012
%Change
Median Price $782,500
$800,000
2
31
11
$29,116,450
18
$939,240
7
Properties Sold
28
Sales Volume $24,592,687
Average Sale Price
$878,310
Properties For Sale 131
85
-35
83
89
7
Month’s Supply of Inventory 4.7
2.7
-41
Average Days on Market
Average List Price
$1,164,711
$1,221,097
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
5
Sun Valley
Sept 2011
Sept 2012
%Change
Median Price $256,250
$313,500
22
17
-43
Properties Sold
30
Sales Volume $9,230,950
Average Sale Price
$307,698
Properties For Sale 89
Average Days on Market
66
Month’s Supply of Inventory 3
Average List Price
$277,667
$5,475,900 $322,112
-41 5
48
-46
69
5
2.8
-5
$375,754
35
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sylmar
Sept 2011
Sept 2012
%Change
Median Price $287,000
$299,975
5
52
8
$15,259,993
7
$293,461
-2
107
-62
79
-13
2
-65
Properties Sold
48
Sales Volume $14,308,721
Average Sale Price
$298,098
Properties For Sale 282
Average Days on Market
91
Month’s Supply of Inventory 5.9
Average List Price
$305,147
$320,523
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
5
Tarzana
Sept 2011
Sept 2012
%Change
Median Price $625,000
$703,750
13
24
-11
Properties Sold
27
Sales Volume $18,275,260
$18,588,081
2
$774,503
14
106
-24
106
35
-67
Month’s Supply of Inventory 5.2
4.4
-14
Average Sale Price
$676,861
Properties For Sale 139
Average Days on Market
Average List Price
$862,818
$911,912
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
6
Toluca Lake
Sept 2011
Sept 2012
%Change
Median Price $565,000
$1,300,000
130
5
-29
$9,438,600
47
$1,887,720
106
Properties Sold
7
Sales Volume $6,416,000
Average Sale Price
$916,571
Properties For Sale 29
28
-3
56
146
161
Month’s Supply of Inventory 4.1
5.6
35
$1,559,939
0
Average Days on Market
Average List Price
$1,552,580
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Glen
Sept 2011
Sept 2012
%Change
Median Price $396,000
$442,000
12
8
-27
$3,720,000
-17
$465,000
14
35
-19
90
36
-60
Month’s Supply of Inventory 3.9
4.4
12
$509,724
5
Properties Sold
11
Sales Volume $4,491,000
Average Sale Price
$408,273
Properties For Sale 43
Average Days on Market
Average List Price
$483,219
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Village
Sept 2011
Sept 2012
%Change
Median Price $522,500
$622,000
19
13
225
$8,322,000
316
$640,154
28
34
-37
64
-17
2.6
-81
$845,914
42
Properties Sold
4
Sales Volume $1,999,000
Average Sale Price
$499,750
Properties For Sale 54
Average Days on Market
77
Month’s Supply of Inventory 13.5
Average List Price
$597,373
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Van Nuys
Sept 2011
Sept 2012
%Change
Median Price $305,000
$302,500
-1
32
3
Properties Sold
31
Sales Volume $9,389,699
Average Sale Price
$302,894
Properties For Sale 189
$9,862,000
5
$308,188
2
99
-48
62
54
-13
Month’s Supply of Inventory 6.1
3.1
-49
$369,894
20
Average Days on Market
Average List Price
$308,319
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
West Hills
Sept 2011
Sept 2012
%Change
Median Price $448,000
$450,000
0
47
42
$23,877,900
46
$508,040
2
Properties Sold
33
Sales Volume $16,393,450
Average Sale Price
$496,771
Properties For Sale 185
123
-34
66
76
15
Month’s Supply of Inventory 5.6
2.6
-53
Average Days on Market
Average List Price
$459,006
$471,382
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
3
Winnetka
Sept 2011
Sept 2012
%Change
Median Price $343,000
$355,000
3
30
15
Properties Sold
26
Sales Volume $8,676,000
Average Sale Price
$333,692
Properties For Sale 104
Average Days on Market
58
Month’s Supply of Inventory 4
Average List Price
$323,083
$9,868,699
14
$328,957
-1
58
-44
81
40
1.9
-52
$330,829
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
2
Woodland Hills
Sept 2011
Sept 2012
%Change
Median Price $505,000
$535,000
6
59
31
$33,361,199
28
$565,444
-2
214
-24
99
81
-18
Month’s Supply of Inventory 6.2
3.6
-42
$740,127
29
Properties Sold
45
Sales Volume $26,072,266
Average Sale Price
$579,384
Properties For Sale 280
Average Days on Market
Average List Price
$572,206
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
RODEO REALTY MARKETING DEPARTMENT