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
Dec 2011
Dec 2012
%Change
Median Price $270,000
$267,500
-1
20
-26
$5,390,797
-26
Properties Sold
27
Sales Volume $7,311,350
Average Sale Price
$270,791
Properties For Sale 80
Average Days on Market
78
Month’s Supply of Inventory 3
Average List Price
$270,336
$269,540
0
29
-64
48
-38
1.5
-51
$283,229
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
5
Burbank
Dec 2011
Dec 2012
%Change
Median Price $484,000
$544,500
13
58
57
Properties Sold
37
Sales Volume $18,111,343
Average Sale Price
$489,496
$33,466,500
85
$577,009
18
84
-45
77
51
-34
Month’s Supply of Inventory 4.1
1.5
-65
$548,271
11
Properties For Sale 153
Average Days on Market
Average List Price
$491,948
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Calabasas
Dec 2011
Dec 2012
%Change
Median Price $790,000
$805,000
2
Properties Sold
23
Sales Volume $25,023,500
Average Sale Price
$1,087,978
Properties For Sale 126
18
-22
$19,795,940
-21
$1,099,774
1
70
-44
68
125
84
Month’s Supply of Inventory 5.5
3.9
-29
$1,658,187
-7
Average Days on Market
Average List Price
$1,786,942
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Chatsworth
Dec 2011
Dec 2012
%Change
Median Price $411,000
$441,400
7
29
21
$13,259,300
9
Properties Sold
24
Sales Volume $12,142,717
Average Sale Price
$505,947
$457,217
-10
51
-59
92
52
-43
Month’s Supply of Inventory 5.1
1.8
-66
$703,918
-30
Properties For Sale 123
Average Days on Market
Average List Price
$1,011,834
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Encino
Dec 2011
Dec 2012
%Change
Median Price $829,000
$572,500
-31
38
81
$37,598,750
71
$989,441
-5
94
-37
119
73
-39
Month’s Supply of Inventory 7.1
2.5
-65
$1,144,800
-1
Properties Sold
21
Sales Volume $21,947,775
Average Sale Price
$1,045,132
Properties For Sale 150
Average Days on Market
Average List Price
$1,154,240
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Granada Hills
Dec 2011
Dec 2012
%Change
Median Price $380,000
$425,000
12
44
-6
$18,753,222
-2
$426,210
4
Properties Sold
47
Sales Volume $19,233,649
Average Sale Price
$409,227
Properties For Sale 155
71
-54
67
51
-24
Month’s Supply of Inventory 3.3
1.6
-51
$424,526
-4
Average Days on Market
Average List Price
$440,861
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Hidden Hills
Dec 2011
Dec 2012
Median Price $1,775,000
$2,387,500
35
4
-20
$9,470,000
15
$2,367,500
43
20
-20
78
-47
5
0
Properties Sold
5
Sales Volume $8,260,000
Average Sale Price
$1,652,000
Properties For Sale 25
Average Days on Market
146
Month’s Supply of Inventory 5
Average List Price
$7,500,000
$3,981,667
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
-47
Lake Balboa
Dec 2011
Dec 2012
%Change
Median Price $300,500
$389,000
29
12
0
$4,717,000
27
$393,083
27
25
-36
102
55
-46
Month’s Supply of Inventory 3.3
2.1
-36
$557,333
60
Properties Sold
12
Sales Volume $3,712,500
Average Sale Price
$309,375
Properties For Sale 39
Average Days on Market
Average List Price
$347,667
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Mission Hills
Dec 2011
Dec 2012
%Change
Median Price $277,500
$325,000
17
16
33
$5,075,500
47
$317,219
11
10
-81
126
24
-81
Month’s Supply of Inventory 4.4
0.6
-86
$324,688
13
Properties Sold
12
Sales Volume $3,444,900
Average Sale Price
$287,075
Properties For Sale 53
Average Days on Market
Average List Price
$286,091
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hills
Dec 2011
Dec 2012
%Change
Median Price $322,000
$355,000
10
23
-8
$7,744,549
-2
$336,720
7
Properties Sold
25
Sales Volume $7,885,869
Average Sale Price
$315,435
Properties For Sale 98
Average Days on Market
96
Month’s Supply of Inventory 4
Average List Price
$348,870
39
-60
87
-9
1.7
-57
$349,358
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
0
North Hollywood
Dec 2011
Dec 2012
%Change
Median Price $318,000
$310,000
-3
39
-24
$12,633,851
-23
Properties Sold
51
Sales Volume $16,400,340
Average Sale Price
$321,575
Properties For Sale 189
$323,945
1
92
-51
79
52
-34
Month’s Supply of Inventory 3.7
2.4
-36
$352,520
11
Average Days on Market
Average List Price
$316,565
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Northridge
Dec 2011
Dec 2012
%Change
Median Price $435,750
$495,000
14
73
14
$37,061,862
21
$507,697
6
Properties Sold
64
Sales Volume $30,693,600
Average Sale Price
$479,599
Properties For Sale 270
92
-66
83
63
-24
Month’s Supply of Inventory 4.2
1.3
-70
$499,384
-5
Average Days on Market
Average List Price
$525,804
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Pacoima
Dec 2011
Dec 2012
%Change
Median Price $235,000
$285,950
22
44
22
$11,606,994
42
$263,795
16
35
-70
60
49
-18
Month’s Supply of Inventory 3.3
0.8
-75
$263,947
19
Properties Sold
36
Sales Volume $8,182,750
Average Sale Price
$227,299
Properties For Sale 117
Average Days on Market
Average List Price
$221,208
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Reseda
Dec 2011
Dec 2012
%Change
Median Price $290,000
$310,000
7
Properties Sold
45
Sales Volume $13,832,800
Average Sale Price
$307,396
Properties For Sale 183
37
-18
$11,777,000
-15
$318,297
4
51
-72
79
72
-9
Month’s Supply of Inventory 4.1
1.4
-66
$350,061
22
Average Days on Market
Average List Price
$286,503
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
Dec 2011
Dec 2012
%Change
Median Price $220,000
$265,000
20
15
0
$3,995,500
17
$266,367
17
19
-67
79
40
-49
Month’s Supply of Inventory 3.8
1.3
-67
Properties Sold
15
Sales Volume $3,421,159
Average Sale Price
$228,077
Properties For Sale 57
Average Days on Market
Average List Price
$245,372
$261,546
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
7
Shadow Hills
Dec 2011
Dec 2012
%Change
Median Price $731,250
$655,000
-10
Properties Sold
2
Sales Volume $1,462,500
Average Sale Price
$731,250
Properties For Sale 18
Average Days on Market
136
Month’s Supply of Inventory 9
Average List Price
$508,000
2
0
$1,310,000
-10
$655,000
-10
15
-17
262
93
7.5
-17
$875,000
72
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sherman Oaks
Dec 2011
Dec 2012
%Change
Median Price $676,000
$716,750
6
48
50
$41,112,993
53
$856,521
2
Properties Sold
32
Sales Volume $26,837,800
Average Sale Price
$838,681
Properties For Sale 180
112
-38
112
71
-37
Month’s Supply of Inventory 5.6
2.3
-59
$835,440
13
Average Days on Market
Average List Price
$739,354
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Studio City
Dec 2011
Dec 2012
%Change
Median Price $766,500
$932,000
22
30
15
$41,068,000
72
$1,368,933
49
72
-33
82
55
-33
Month’s Supply of Inventory 4.1
2.4
-42
$1,565,796
58
Properties Sold
26
Sales Volume $23,815,400
Average Sale Price
$915,977
Properties For Sale 107
Average Days on Market
Average List Price
$993,435
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sun Valley
Dec 2011
Dec 2012
%Change
Median Price $238,500
$285,000
19
23
-18
Properties Sold
28
Sales Volume $6,640,254
$7,249,900
9
$315,213
33
50
-48
75
64
-15
Month’s Supply of Inventory 3.5
2.2
-37
$329,883
12
Average Sale Price
$237,152
Properties For Sale 97
Average Days on Market
Average List Price
$293,516
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sylmar
Dec 2011
Dec 2012
%Change
Median Price $288,750
$327,000
13
50
-19
$16,267,893
-10
$325,358
12
85
-64
71
53
-25
Month’s Supply of Inventory 3.9
1.7
-56
Properties Sold
62
Sales Volume $18,084,000
Average Sale Price
$291,677
Properties For Sale 239
Average Days on Market
Average List Price
$281,773
$300,527
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
7
Tarzana
Dec 2011
Dec 2012
%Change
Median Price $758,500
$725,000
-4
28
40
$23,794,785
32
$849,814
-6
86
-39
82
-25
3.1
-56
$883,822
36
Properties Sold
20
Sales Volume $18,084,900
Average Sale Price
$904,245
Properties For Sale 140
Average Days on Market
109
Month’s Supply of Inventory 7
Average List Price
$651,264
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Toluca Lake
Dec 2011
Dec 2012
%Change
Median Price $660,000
$865,000
31
8
100
$11,671,000
105
$1,458,875
3
Properties Sold
4
Sales Volume $5,689,000
Average Sale Price
$1,422,250
Properties For Sale 27
Average Days on Market
98
Month’s Supply of Inventory 6.8
Average List Price
$599,375
24
-11
149
52
3
-56
$1,166,688
95
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Glen
Dec 2011
Dec 2012
%Change
Median Price $402,500
$507,500
26
18
64
$9,764,000
118
$542,444
33
16
-58
120
70
-42
Month’s Supply of Inventory 3.5
0.9
-74
$584,800
28
Properties Sold
11
Sales Volume $4,480,000
Average Sale Price
$407,273
Properties For Sale 38
Average Days on Market
Average List Price
$456,678
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Village
Dec 2011
Dec 2012
%Change
Median Price $560,000
$600,000
7
Properties Sold
17
14
Sales Volume $10,708,800
Average Sale Price
$629,929
Properties For Sale 41
Average Days on Market
76
Month’s Supply of Inventory 5
Average List Price
$580,475
$8,784,000 $627,429
-18 -18 0
29
-29
61
-20
3
-40
$802,400
38
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Van Nuys
Dec 2011
Dec 2012
%Change
Median Price $305,000
$310,500
2
44
26
$13,873,709
28
$315,312
2
Properties Sold
35
Sales Volume $10,849,900
Average Sale Price
$309,997
Properties For Sale 159
65
-59
107
54
-50
Month’s Supply of Inventory 4.5
1.5
-67
Average Days on Market
Average List Price
$308,642
$337,944
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
9
West Hills
Dec 2011
Dec 2012
%Change
Median Price $399,000
$439,500
10
50
56
$25,095,500
94
$501,910
24
84
-46
78
74
-5
Month’s Supply of Inventory 4.5
1.7
-66
$508,447
12
Properties Sold
32
Sales Volume $12,929,926
Average Sale Price
$404,060
Properties For Sale 156
Average Days on Market
Average List Price
$454,424
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Winnetka
Dec 2011
Dec 2012
%Change
Median Price $301,000
$352,000
17
32
45
$11,450,500
69
$357,828
16
39
-64
59
-30
1.2
-75
$375,838
13
Properties Sold
22
Sales Volume $6,788,250
Average Sale Price
$308,557
Properties For Sale 109
Average Days on Market
84
Month’s Supply of Inventory 5
Average List Price
$333,865
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Woodland Hills
Dec 2011
Dec 2012
%Change
Median Price $480,000
$547,825
14
64
19
$39,764,450
50
$621,320
24
150
-39
92
70
-24
Month’s Supply of Inventory 4.5
2.3
-48
Properties Sold
54
Sales Volume $26,542,200
Average Sale Price
$500,796
Properties For Sale 244
Average Days on Market
Average List Price
$618,845
$667,627
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
8
RODEO REALTY MARKETING DEPARTMENT