San Fernando Valley real estate market report March 2014.

Page 1

AAROE MARKET REPORT

03 14

SAN FERNANDO VALLEY Single Family Residences


Agent Profile: Ramiro Rivas

Ramiro Rivas is a life time resident of the City of Pasadena, and has extensive knowledge of San Gabriel Valley and Los Angeles real estate. With a design background from the world-renowned Art Center College of Design in Pasadena, he brings his creative and energetic personality into every transaction. Ramiro has been active and involved in Real Estate investments, as well as civic and neighborhood associations for over 15 years. While emphasizing hands-on client relationships and integrating the full spectrum of cutting-edge and internet technology, Ramiro delivers a powerful dimension to client services with up-to-the-minute, reliable information. Together with the John Aaroe Group, Ramiro Rivas and his real estate team are committed to meeting your personal, financial and life-style goals while maintaining a life time business relationship based on trust, value and performance. DRE #01406511 Professional Standards: • Specializing in Pasadena, Altadena, San Marino, La Canada Flintridge, South Pasadena, and Los Angeles Properties. • Dedicated to the Integrity of the Real Estate Profession. • Full Service Representation for Buyers, Sellers, and Short Sale Home Owners. • Member of the Pasadena-Foothills Association of Realtors and the National Association of Realtors.


Agent Profile: Erica Rivas

Erica Rivas’ extensive knowledge of Pasadena and the surrounding Los Angeles communities has allowed her to get to know every aspect of the San Gabriel Valley as well as a familiarization with all of Southern California. Having been born and raised in the area, she takes pride in Pasadena and the many wonderful surrounding communities. Her motivation coupled with her understanding of the neighborhoods has allowed her to successfully work in real estate. Erica comes from a fresh generation raised on the cusp of the newest technology. We are in an age now where business is done primarily through the computer, especially in real estate, as buyer’s are doing the greatest amount of their property searches on the internet. Erica’s extensive education and knowledge of computer technology has allowed her to market a home to its full potential. A creative ability that stems from an experience with marketing and advertising allows her to be original in marketing a home which will generate vast awareness of a listing and getting it the attention it deserves. Additionally, Erica Rivas has found find that excellent communication is crucial to being an efficient and competent Realtor®. The way to ultimately determine a client’s wants and needs is through proper communication and will successfully do so by asking the right questions, listening with genuine concern, and acting upon their wants and needs. Being forthcoming and communicative will serve to determine and clarify everything is being done correctly to ensure that the client’s interests are satisfied. DRE#01788685


CURIOUS ABOUT THE MARKET IN OTHER AREAS OF LOS ANGELES? Just click the publication below for the latest statistics.

AAROE MARKET REPORT

02 14

SAN GABRIEL VALLEY Single Family Residences

AAROE MARKET REPORT

02 14

LOS ANGELES COUNTY Condominium Residences

AAROE MARKET REPORT

02 14

WESTSIDE LOS ANGELES Single Family Residences

SAN GABRIEL VALLEY

LOS ANGELES COUNTY

WESTSIDE LOS ANGELES

Single Family Residences

Condominium Residences

Single Family Residences

aaroe.com


TABLE OF CONTENTS SAN FERNANDO VALLEY

Burbank

05

Calabasas

06

Encino

07

Glendale

09

Hidden Hills

10

North Hollywood

11

Shadow Hills

13

Sherman Oaks

14

Studio City

15

Sun Valley

17

Sunland - Tujunga

18

Tarzana

19

Toluca Lake

21

Valley Glen

22

Valley Village

23

Van Nuys

25

Woodland Hills

26

Glossary

27



BURBANK

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

138

130

-5.8%

Average price (sold)

$559,242

$627,884

+12.3%

$335

$384

+14.7%

Average days on market (sold)

62

45

-27.4%

Average sold price/list price %

99.8%

99.8%

+0.00%

Total pending properties (at end of period)

86

50

-41.9%

Total properties for sale (at end of period)

68

75

+10.3%

$742,352

$812,142

+9.4%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 4

3.3 2.7

3

2

1.5

1.7

1.6

1.5

1.7 1.4 1.1

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

169

175

No v-Jan 14

Sold listing history 220 200

175

180

143

160 140

122

138

137

130

118

120 100 80 60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


CALABASAS

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

64

50

-21.9%

Average price (sold)

$1,230,232

$1,638,602

+33.2%

$380

$396

+4.3%

Average days on market (sold)

99

106

+7.1%

Average sold price/list price %

95.0%

96.2%

+1.2%

Total pending properties (at end of period)

21

21

+0.00%

Total properties for sale (at end of period)

44

61

+38.6%

$2,425,424

$2,523,196

+4.0%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 7 6

5.7

5.4 4.4

5

3.9 4

3.7

3

2.6

3

2.7

2.1

2 1 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 120

101

100

85

80 60

70

64 51

54

52

50

49

40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


ENCINO

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

102

96

-5.9%

Average price (sold)

$859,456

$1,062,937

+23.7%

$342

$408

+19.4%

Average days on market (sold)

60

69

+15.0%

Average sold price/list price %

96.9%

98.4%

+1.5%

Total pending properties (at end of period)

45

36

-20.0%

Total properties for sale (at end of period)

63

78

+23.8%

$1,483,227

$1,541,956

+4.0%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 5

3.9 4

3

2.5

2.7

2.6

2.6

2.3

2.4

1.9

1.9 2

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 180

146

160 140 120 100

98

106

99

102

102

100

96

83

80 60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.



GLENDALE

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

150

137

-8.7%

Average price (sold)

$643,797

$785,826

+22.1%

$336

$386

+15.0%

Average days on market (sold)

72

52

-27.8%

Average sold price/list price %

98.8%

99.1%

+0.3%

106

56

-47.2%

82

106

+29.3%

$825,544

$880,831

+6.7%

Average price per square foot (sold)

Total pending properties (at end of period) Total properties for sale (at end of period) Average price of properties for sale

Months’ supply of inventory 8

6.7

6.7

7 6 5

3.7 4 3

1.9

2

2.1

2.4 1.9

1.6

2.3

1 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

147

145

No v-Jan 14

Sold listing history 220

184

200

165

180 160 140

150 130

148

137

123

120 100 80 60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


HIDDEN HILLS

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

9

7

-22.2%

Average price (sold)

$2,287,778

$3,249,643

+42.0%

$459

$440

-4.2%

Average days on market (sold)

97

101

+4.1%

Average sold price/list price %

89.9%

92.5%

+2.6%

1

2

+100.0%

26

12

-53.8%

$3,761,423

$6,846,500

+82.0%

Average price per square foot (sold)

Total pending properties (at end of period) Total properties for sale (at end of period) Average price of properties for sale

Months’ supply of inventory 15

11.5 10

9 7.8

9.7 8.7

8.7

8.2

5.7

5.1

5

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 15

10 9

10

8

9

9

9

8 7 6

5

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


NORTH HOLLYWOOD

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

106

113

+6.6%

Average price (sold)

$340,430

$429,618

+26.2%

$254

$306

+20.3%

Average days on market (sold)

58

47

-19.0%

Average sold price/list price %

100.3%

99.5%

-0.8%

Total pending properties (at end of period)

96

72

-25.0%

Total properties for sale (at end of period)

55

83

+50.9%

$347,365

$538,875

+55.1%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 4

3.4 3.1

3

2 2

2.2 1.8

1.7

1.6

1.5

1.6

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 160 140

139 125 112

120

130

130 106

117

109

113

100 80 60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.



SHADOW HILLS

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

3

6

+100.0%

Average price (sold)

$564,000

$869,983

+54.3%

$264

$269

+2.0%

Average days on market (sold)

84

78

-7.1%

Average sold price/list price %

103.9%

94.4%

-9.5%

Total pending properties (at end of period)

4

1

-75.0%

Total properties for sale (at end of period)

6

6

+0.00%

$812,166

$992,233

+22.2%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 30

24 25 20 15 10

8 6

4.7

4.8

2.6

5

2.1

3.7

3

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 15

12 10 9

10

8 7

6

6

5

3 2

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


SHERMAN OAKS

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

127

136

+7.1%

Average price (sold)

$823,241

$939,188

+14.1%

$386

$419

+8.6%

Average days on market (sold)

69

71

+2.9%

Average sold price/list price %

98.2%

98.4%

+0.2%

Total pending properties (at end of period)

41

52

+26.8%

Total properties for sale (at end of period)

59

96

+62.7%

$1,340,668

$1,404,066

+4.7%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 5

4

3.7 3.1

3

2

2.2 1.9

2

1.9

2.1

2.1

1.4

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 209

220 200

164

180 160

126

140 120

171

159 127

137

136

99

100 80 60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


STUDIO CITY

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

74

73

-1.4%

Average price (sold)

$1,132,147

$1,198,862

+5.9%

$443

$463

+4.3%

Average days on market (sold)

60

63

+5.0%

Average sold price/list price %

98.3%

97.9%

-0.4%

Total pending properties (at end of period)

30

21

-30.0%

Total properties for sale (at end of period)

61

66

+8.2%

$1,707,257

$1,721,460

+0.8%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 6 5

4.7 3.5

4

3.1 2.5

3

2.3

2.7

2.5

2.7 2

2 1 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 140

108

120 100

80

60

74

69

80

90

83

74

73

50

40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.



SUN VALLEY

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

58

49

-15.5%

Average price (sold)

$312,860

$415,801

+32.9%

$223

$276

+23.8%

Average days on market (sold)

48

55

+14.6%

Average sold price/list price %

98.6%

100.5%

+1.9%

Total pending properties (at end of period)

42

22

-47.6%

Total properties for sale (at end of period)

29

30

+3.4%

$370,628

$522,095

+40.9%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 5

3.8 4

2.6

3

2.1 1.8

2

1.9

1.9

1.5

1.5

1.8

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 80 70 60

62 57

57

58

62

62 55

51

49

50 40 30 20 10 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


SUNLAND - TUJUNGA

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

82

83

+1.2%

Average price (sold)

$357,661

$431,656

+20.7%

$251

$284

+13.2%

Average days on market (sold)

74

57

-23.0%

Average sold price/list price %

99.1%

101.2%

+2.1%

Total pending properties (at end of period)

61

32

-47.5%

Total properties for sale (at end of period)

61

48

-21.3%

$431,560

$528,145

+22.4%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 8

6.7 7 6

5.1

5

3.3

4 3

2.2 1.7

2

1.4

1.7

2.2 1.7

1 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 140

117 120

100

95 100 80

85

98

96 83

82

67

60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


TARZANA

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

77

52

-32.5%

Average price (sold)

$907,653

$852,017

-6.1%

$292

$330

+12.9%

Average days on market (sold)

75

72

-4.0%

Average sold price/list price %

97.7%

96.6%

-1.1%

Total pending properties (at end of period)

42

36

-14.3%

Total properties for sale (at end of period)

57

69

+21.1%

$1,256,218

$1,230,044

-2.1%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 7 6

5.6

5

4.1

4

4

2.6

3

2.7 2.2

2

1.9

1.9

2 1 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 120

99 100

88

81

77

80

56

80 71

59

52

60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.



TOLUCA LAKE

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

25

18

-28.0%

Average price (sold)

$1,616,805

$1,405,674

-13.1%

$453

$451

-0.5%

Average days on market (sold)

113

69

-38.9%

Average sold price/list price %

90.7%

95.5%

+4.8%

Total pending properties (at end of period)

6

3

-50.0%

Total properties for sale (at end of period)

14

14

+0.00%

$2,238,339

$4,027,450

+79.9%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 15

12 10.8 10

5

3.5

2.6

3 1.8

1.7

2.3 1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 30

24

25 23

25

20 20

18

17

17

15 10

5

7

5 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


VALLEY GLEN

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

41

37

-9.8%

Average price (sold)

$539,711

$600,041

+11.2%

$292

$320

+9.7%

Average days on market (sold)

54

76

+40.7%

Average sold price/list price %

99.8%

99.3%

-0.5%

Total pending properties (at end of period)

9

6

-33.3%

Total properties for sale (at end of period)

14

13

-7.1%

$699,625

$773,715

+10.6%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 4

3

2.7

1.7

2

1.7

1.5 1.2

1.4

1.6 1.1

1

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 60 50

44

41

39

37

40 30

27

30

37

28 24

20 10 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


VALLEY VILLAGE

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

33

30

-9.1%

Average price (sold)

$672,960

$793,452

+17.9%

$338

$415

+22.7%

Average days on market (sold)

54

66

+22.2%

Average sold price/list price %

100.0%

98.0%

-2.0%

Total pending properties (at end of period)

15

11

-26.7%

Total properties for sale (at end of period)

22

20

-9.1%

$755,877

$797,440

+5.5%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 6 5

4.4

4

2.8

2.9

2.8

3

1.8

2.6

2

1.9

2

2 1 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 50

41

45 40

38

37

38 33

35

41

31

30

28

30 25 20 15 10 5 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.



VAN NUYS

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

104

76

-26.9%

Average price (sold)

$334,683

$407,984

+21.9%

$230

$278

+21.1%

Average days on market (sold)

56

54

-3.6%

Average sold price/list price %

100.8%

98.6%

-2.2%

Total pending properties (at end of period)

75

43

-42.7%

Total properties for sale (at end of period)

45

50

+11.1%

$379,898

$464,238

+22.2%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 5

4

3.6 2.8

3

2

1.5

1.8 1.3

1.3

1.2

2

1.3

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 160

127

140

116

112

120

104

94

106

99

100

83

76

80 60 40 20 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


WOODLAND HILLS

Nov - Jan 2013

Nov - Jan 2014

% change

Total properties sold

167

131

-21.6%

Average price (sold)

$617,580

$737,542

+19.4%

$265

$305

+15.1%

Average days on market (sold)

63

61

-3.2%

Average sold price/list price %

97.9%

97.2%

-0.7%

Total pending properties (at end of period)

96

64

-33.3%

Total properties for sale (at end of period)

92

121

+31.5%

$803,624

$924,818

+15.1%

Average price per square foot (sold)

Average price of properties for sale

Months’ supply of inventory 5

4

3.6 2.8

3

2.8 2.3

2.1 1.8

2

1.7

1.6

1.4

1

0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Sold listing history 300 250

218 195

200

217

193

190 167

158 137

131

150 100 50 0 No v-Jan 12

Feb-A pr 12

M ay-Jul 12

A ug-Oct 12

No v-Jan 13

Feb-A pr 13

M ay-Jul 13

A ug-Oct 13

No v-Jan 14

Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


GLOSSARY

Total properties sold Number of properties sold during the report period. Average price (sold) Average sales price of properties that closed escrow during the report period. Average price per square foot (sold) Average price per square foot of properties that closed escrow during the report period. Average days on market (sold) Average time properties were on the market for homes that closed escrow during the report period. Average sold price/list price % Average showing the ratio of the actual sold price related to the original asking price of properties sold during the report period. Total pending properties (at end of period) Number of properties that were in escrow at the end of the reporting period. Total properties for sale (at end of period) Number of properties that were for sale at the end of the reporting period. Average price of properties for sale Average price for properties currently on the market. Months’ supply of inventory If no new listings entered the market, this is the number of months it would take to sell all homes for sale at the current pace of sales. Sold listing history The number of homes sold in the reporting period over the past three years.


aaroe.com

B E V E R LY H I L L S

BRENTWOOD

SUNSET STRIP

DOWNTOWN

SHERMAN OAKS

PASA D E N A

John Aaroe Group does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller or obtained from public records and other sources and the buyer is advised to independently verify the accuracy of that information.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.