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
April 2012
April 2013
Median Price $263,000
$325,000
24
17
0
$5,560,000
29
$327,059
29
36
-45
45
-35
2.12
-45
$317,070
17
Properties Sold
17
Sales Volume $4,298,399
Average Sale Price
$252,847
Properties For Sale 66
Average Days on Market
69
Month’s Supply of Inventory 3.88
Average List Price
$270,826
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Burbank
April 2012
April 2013
Median Price $502,500
$600,000
19
43
26
$26,155,900
30
$608,277
3
Properties Sold
34
Sales Volume $20,142,050
Average Sale Price
$592,413
Properties For Sale 175
Average Days on Market
64
Month’s Supply of Inventory 5.15
Average List Price
$567,068
%Change
107
-39
43
-33
2.49
-52
$697,101
23
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Calabasas
April 2012
April 2013
%Change
Median Price $837,000
$1,179,500
41
14
-30
$17,296,000
-14
$1,235,429
23
103
-36
54
-39
7.36
-9
$1,778,358
9
Properties Sold
20
Sales Volume $20,122,000
Average Sale Price
$1,006,100
Properties For Sale 162
Average Days on Market
88
Month’s Supply of Inventory 8.10
Average List Price
$1,634,133
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Chatsworth
April 2012
April 2013
Median Price $412,500
$530,000
28
25
4
Properties Sold
24
Sales Volume $11,178,000
Average Sale Price
$465,750
Properties For Sale 134
Average Days on Market
96
Month’s Supply of Inventory 5.58
Average List Price
$571,023
$14,770,900
%Change
32
$590,836
27
47
-65
54
-44
1.88
-66
$842,392
48
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Encino
April 2012
April 2013
%Change
Median Price $925,000
$1,032,500
12
36
-12
$46,482,260
13
$1,219,174
21
122
-17
76
3
3.39
-6
$1,220,360
10
Properties Sold
41
Sales Volume $41,310,197
Average Sale Price
$1,007,556
Properties For Sale 147
Average Days on Market
74
Month’s Supply of Inventory 3.59
Average List Price
$1,109,904
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Granada Hills
April 2012
April 2013
Median Price $360,000
$425,000
18
36
-28
$15,808,064
-16
$439,113
16
84
-45
33
-55
2.33
-24
$511,441
14
Properties Sold
50
Sales Volume $18,870,750
Average Sale Price
$377,415
Properties For Sale 154
Average Days on Market
74
Month’s Supply of Inventory 3.08
Average List Price
$447,554
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Hidden Hills
April 2012
April 2013
%Change
Median Price $2,725,000
$2,268,750
-17
4
100
$9,337,500
71
$2,334,375
-14
31
11
77
-34
7.75
-45
$6,175,000
92
Properties Sold
2
Sales Volume $5,450,000
Average Sale Price
$2,725,000
Properties For Sale 28
Average Days on Market
116
Month’s Supply of Inventory 14
Average List Price
$3,208,000
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Lake Balboa
April 2012
April 2013
Median Price $339,500
$415,000
22
17
-15
Properties Sold
20
Sales Volume $6,977,500
Average Sale Price
$348,875
Properties For Sale 49
Average Days on Market
96
Month’s Supply of Inventory 2.45
Average List Price
$402,973
%Change
$7,135,650
2
$419,744
20
29
-41
30
-69
1.71
-30
$449,524
12
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Mission Hills
April 2012
April 2013
Median Price $290,000
$352,000
21
13
0
$4,476,000
19
$344,308
19
20
-52
46
-37
1.54
-52
$374,157
34
Properties Sold
13
Sales Volume $3,764,700
Average Sale Price
$289,592
Properties For Sale 42
Average Days on Market
73
Month’s Supply of Inventory 3.23
Average List Price
$278,554
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
North Hills
April 2012
April 2013
Median Price $325,000
$378,500
16
21
-9
$8,040,400
7
$382,876
17
40
-60
72
35
-51
Month’s Supply of Inventory 4.3
1.9
-56
$372,184
19
Properties Sold
23
Sales Volume $7,521,825
Average Sale Price
$327,036
Properties For Sale 99
Average Days on Market
Average List Price
$311,597
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
North Hollywood
April 2012
April 2013
Median Price $298,750
$363,000
22
51
21
$19,589,699
48
$384,033
22
79
-61
53
-25
1.55
-68
$408,466
24
Properties Sold
42
Sales Volume $13,273,000
Average Sale Price
$316,024
Properties For Sale 201
Average Days on Market
71
Month’s Supply of Inventory 4.79
Average List Price
$329,770
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Northridge
April 2012
April 2013
Median Price $470,000
$575,000
22
67
-13
Properties Sold
77
Sales Volume $38,271,699
Average Sale Price
$497,035
Properties For Sale 260
Average Days on Market
87
Month’s Supply of Inventory 3.38
Average List Price
$549,034
%Change
$39,305,306
3
$586,646
18
126
-52
40
-54
1.88
-44
$634,553
16
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Pacoima
April 2012
April 2013
Median Price $225,000
$279,000
24
19
-39
$5,056,000
-27
$266,105
19
36
-69
25
-68
1.89
-50
$292,287
17
Properties Sold
31
Sales Volume $6,908,090
Average Sale Price
$222,842
Properties For Sale 118
Average Days on Market
77
Month’s Supply of Inventory 3.81
Average List Price
$250,481
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Reseda
April 2012
April 2013
Median Price $276,000
$362,000
31
26
-7
Properties Sold
28
Sales Volume $8,225,874
Average Sale Price
$293,781
Properties For Sale 164
Average Days on Market
81
Month’s Supply of Inventory 5.86
Average List Price
$303,006
%Change
$9,052,750
10
$348,183
19
40
-76
38
-53
1.54
-74
$373,333
23
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
April 2012
April 2013
Median Price $205,000
$302,500
48
11
-15
Properties Sold
13
Sales Volume $2,897,199
Average Sale Price
$222,861
Properties For Sale 52
Average Days on Market
86
Month’s Supply of Inventory 4
Average List Price
$257,461
%Change
$3,118,500
8
$283,500
27
13
-75
47
-45
1.18
-71
$299,307
16
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Shadow Hills
April 2012
April 2013
Median Price $450,000
$753,000
67
3
200
$2,259,000
402
$753,000
67
12
-52
168
380
4
-84
Properties Sold
1
Sales Volume $450,000
Average Sale Price
$450,000
Properties For Sale 25
Average Days on Market
35
Month’s Supply of Inventory 25
Average List Price
$933,809
$955,250
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
2
Sherman Oaks
April 2012
April 2013
Median Price $699,000
$782,750
12
60
28
$53,500,786
48
$891,680
16
156
-31
51
-31
2.6
-46
$1,026,111
11
Properties Sold
47
Sales Volume $36,048,150
Average Sale Price
$766,982
Properties For Sale 227
Average Days on Market
74
Month’s Supply of Inventory 4.83
Average List Price
$920,871
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Studio City
April 2012
April 2013
Median Price $905,000
$875,000
-3
31
15
$37,777,000
33
$1,218,613
16
73
-34
54
-45
2.35
-42
$1,213,070
-12
Properties Sold
27
Sales Volume $28,392,000
Average Sale Price
$1,051,556
Properties For Sale 110
Average Days on Market
98
Month’s Supply of Inventory 4.07
Average List Price
$1,384,591
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Sun Valley
April 2012
April 2013
Median Price $260,000
$310,000
19
23
-8
$7,533,000
9
$327,522
18
43
-53
38
-53
1.87
-49
Properties Sold
25
Sales Volume $6,915,778
Average Sale Price
$276,631
Properties For Sale 91
Average Days on Market
80
Month’s Supply of Inventory 3.64
Average List Price
$340,414
$371,352
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
9
Sylmar
April 2012
April 2013
Median Price $289,000
$334,000
16
45
-31
$15,053,400
-20
$334,520
15
76
-71
45
-41
1.69
-59
$406,364
32
Properties Sold
65
Sales Volume $18,827,857
Average Sale Price
$289,659
Properties For Sale 265
Average Days on Market
76
Month’s Supply of Inventory 4.08
Average List Price
$308,885
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Tarzana
April 2012
April 2013
Median Price $465,000
$723,000
55
Properties Sold
27
8
Sales Volume $16,889,699
$20,569,026
22
Average Sale Price
$761,816
13
Properties For Sale 139
86
-38
Average Days on Market
50
-57
Month’s Supply of Inventory 5.56
3.19
-43
Average List Price
$1,020,384
19
25
$675,588
117
$856,060
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Toluca Lake
April 2012
April 2013
%Change
Median Price $1,479,538
$1,620,338
10
11
175
$14,780,000
378
$1,343,636
74
19
-56
68
28
1.73
-84
$1,620,338
10
Properties Sold
4
Sales Volume $3,092,000
Average Sale Price
$773,000
Properties For Sale 43
Average Days on Market
53
Month’s Supply of Inventory 10.75
Average List Price
$1,479,538
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Glen
April 2012
April 2013
Median Price $420,500
$565,000
34
11
-8
$6,015,000
14
$546,818
24
23
-32
24
-72
2.09
-26
$653,393
27
Properties Sold
12
Sales Volume $5,299,000
Average Sale Price
$441,583
Properties For Sale 34
Average Days on Market
87
Month’s Supply of Inventory 2.83
Average List Price
$513,182
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Valley Village
April 2012
April 2013
Median Price $486,450
$595,000
22
7
-13
$4,483,000
11
$640,429
26
32
-37
47
-13
4.57
-28
Properties Sold
8
Sales Volume $4,052,900
Average Sale Price
$506,613
Properties For Sale 51
Average Days on Market
54
Month’s Supply of Inventory 6.38
Average List Price
$711,994
$775,621
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
9
Van Nuys
April 2012
April 2013
Median Price $297,450
$375,000
26
31
-23
$11,547,500
-5
$372,500
23
49
-72
61
-32
1.58
-64
$402,579
18
Properties Sold
40
Sales Volume $12,158,306
Average Sale Price
$303,958
Properties For Sale 174
Average Days on Market
90
Month’s Supply of Inventory 4.35
Average List Price
$340,764
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
West Hills
April 2012
April 2013
Median Price $437,500
$499,000
14
55
25
$30,732,418
47
$558,771
17
99
-34
50
-41
1.8
-48
$623,486
24
Properties Sold
44
Sales Volume $20,925,000
Average Sale Price
$475,568
Properties For Sale 151
Average Days on Market
85
Month’s Supply of Inventory 3.43
Average List Price
$501,966
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Winnetka
April 2012
April 2013
Median Price $320,000
$404,250
26
26
8
$10,580,900
37
$406,958
27
45
-58
28
-66
1.73
-61
$413,417
26
Properties Sold
24
Sales Volume $7,698,100
Average Sale Price
$320,754
Properties For Sale 106
Average Days on Market
83
Month’s Supply of Inventory 4.42
Average List Price
$327,856
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Woodland Hills
April 2012
April 2013
Median Price $538,750
$637,500
18
92
64
$64,085,160
109
$696,578
27
164
-37
68
-18
1.78
-62
$775,442
32
Properties Sold
56
Sales Volume $30,612,460
Average Sale Price
$546,651
Properties For Sale 261
Average Days on Market
83
Month’s Supply of Inventory 4.66
Average List Price
$588,508
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
RODEO REALTY MARKETING DEPARTMENT