Local Market Report
August
20 17
San Fernando Valley
RodeoRE.com
Table of Contents Arleta
3
18
4
San Fernando Shadow Hills
Bell Canyon Burbank
5
Sherman Oaks
20
Calabasas
6
Studio City
21
Chatsworth
7
Sun Valley
22
Encino
8
Sylmar
23
Granada Hills
9
Tarzana
24
Hidden Hills
10
Toluca Lake
25
Lake Balboa
11
Valley Glen
26
Mission Hills
12
Valley Village
27
North Hills
13
Van Nuys
28
North Hollywood
14
West Hills
29
Northridge
15
Winnetka
30
Pacoima
16
Woodland Hills
31
Reseda
17
Rodeo Realty RodeoRE.com
19
Arleta
August 2016
Median Price $425,000
Properties Sold
22
Sales Volume $8,593,050
Average Sale Price
$390,593
Properties For Sale 44
Average Days on Market
45
Months Supply of Inventory 2
Average List Price
$755,671
August 2017 %Change $471,000
11%
21
-5%
$9,602,900
12%
$457,281
17%
28
-36%
24
-47%
1
-50%
$483,509
-36%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Bell Canyon
August 2016
Median Price $5,595
Properties Sold
5
Sales Volume $992,045
Average Sale Price
$198,409
Properties For Sale 48
Average Days on Market
45
Months Supply of Inventory 10
Average List Price
$1,113,015
August 2017 %Change $1,625,000 5
0%
$6,902,000
596%
$1,380,400
596%
40
-17%
21
-53%
8
-20%
$976,200
-12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
28944%
Burbank
August 2016
Median Price $676,750
Properties Sold
96
Sales Volume $59,965,517
Average Sale Price
$624,641
Properties For Sale 336
Average Days on Market
45
Months Supply of Inventory 4
Average List Price
$650,239
August 2017 %Change $655,000
-3%
121
26%
$70,709,165
18%
$584,373
-6%
290
-14%
27
-40%
2
-50%
$646,484
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
August 2016
Median Price $407,000
Properties Sold
73
Sales Volume $56,408,149
Average Sale Price
$772,714
Properties For Sale 318
Average Days on Market
67
Months Supply of Inventory 4
Average List Price
$832,430
August 2017 %Change $835,000
105%
59
-19%
$53,633,244
-5%
$909,038
18%
266
-16%
40
-40%
5
25%
$892,250
7%v
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Chatsworth
August 2016
Median Price $518,000
Properties Sold
61
Sales Volume $32,741,355
Average Sale Price
$536,744
Properties For Sale 61
Average Days on Market
64
Months Supply of Inventory 3
Average List Price
$678,638
August 2017 %Change $540,000 48
-21%
$23,742,495
-27%
$505,159
-6%
48
-21%
31
-52%
4
33%
$603,013
-11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
Encino
August 2016
Median Price $752,000
Properties Sold
98
Sales Volume $97,930,644
Average Sale Price
$1,009,594
Properties For Sale 402
Average Days on Market
59
Months Supply of Inventory 4
Average List Price
$1,068,516
August 2017 %Change $612,500
-19%
88
-10%
$87,675,989
-10%
$996,318
-1%
367
-9%
40
-32%
4
0%
$891,186
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-17%
Granada Hills
August 2016
Median Price $529,900
Properties Sold
63
Sales Volume $27,427,590
Average Sale Price
$435,359
Properties For Sale 216
Average Days on Market
38
Months Supply of Inventory 3
Average List Price
$566,950
August 2017 %Change $589,000
11%
81
29%
$59,870,149
118%
$739,138
70%
193
-11%
23
-39%
2
-33%
$772,517
36%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
August 2016
Median Price $1,635,000
Properties Sold
5
Sales Volume $8,434,500
Average Sale Price
$1,686,900
Properties For Sale 5
Average Days on Market
81
Months Supply of Inventory 9
Average List Price
$2,947,656
August 2017 %Change $3,987,500
144%
4
-20%
$23,150,000
174%
$5,787,500
243%
4
-20%
68
-16%
9
0%
$3,634,750
23%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Lake Balboa
August 2016
Median Price $523,750
Properties Sold
24
Sales Volume $11,718,449
Average Sale Price
$488,269
Properties For Sale 95
Average Days on Market
47
Months Supply of Inventory 4
Average List Price
$487,219
August 2017 %Change $597,000
14%
26
8%
$15,073,490
29%
$579,750
19%
76
-20%
29
-38%
3
-25%
$543,764
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Mission Hills
August 2016
Median Price $462,500
Properties Sold
12
Sales Volume $4,744,695
Average Sale Price
$395,391
Properties For Sale 41
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$416,555
August 2017 %Change $480,000
4%
12
0%
$5,330,600
12%
$444,217
12%
22
-46%
18
-64%
2
-33%
$434,613
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
North Hills
August 2016
Median Price $458,500
Properties Sold
28
Sales Volume $11,778,800
Average Sale Price
$420,671
Properties For Sale 131
Average Days on Market
68
Months Supply of Inventory 5
Average List Price
$532,146
August 2017 %Change $480,000
5%
49
75%
$20,695,345
76%
$422,354
0%
105
-20%
26
-62%
2
-60%
$498,298
-6%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hollywood
August 2016
Median Price $460,000
Properties Sold
58
Sales Volume $27,573,340
Average Sale Price
$475,402
Properties For Sale 58
Average Days on Market
37
Months Supply of Inventory 5
Average List Price
$557,705
August 2017 %Change $580,000
26%
73
26%
$53,711,038
95%
$735,768
55%
73
26%
32
-14%
3
-40%
$552,478
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
August 2016
Median Price $560,000
Properties Sold
128
Sales Volume $64,292,467
Average Sale Price
$502,285
Properties For Sale 529
Average Days on Market
50
Months Supply of Inventory 4
Average List Price
$525,033
August 2017 %Change $549,500
-2%
96
-25%
$46,786,822
-27%
$487,363
-3%
351
-34%
33
-34%
4
0%
$517,949
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Pacoima
August 2016
Median Price $365,500
Properties Sold
28
Sales Volume $9,773,499
Average Sale Price
$349,054
Properties For Sale 78
Average Days on Market
46
Months Supply of Inventory 4
Average List Price
$415,009
August 2017 %Change $405,000
11%
27
-4%
$10,446,924
7%
$386,923
11%
48
-38%
31
-33%
3
-25%
$393,333
-5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
August 2016
Median Price $442,000
Properties Sold
54
Sales Volume $22,423,517
Average Sale Price
$415,250
Properties For Sale 54
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$407,077
August 2017 %Change $490,000
11%
60
11%
$26,934,335
20%
$448,906
8%
60
11%
30
-40%
2
-33%
$393,536
-3%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
August 2016
Median Price $419,000
Properties Sold
17
Sales Volume $6,783,925
Average Sale Price
$399,054
Properties For Sale 65
Average Days on Market
51
Months Supply of Inventory 3
Average List Price
$418,377
August 2017 %Change $417,000
0%
18
6%
$7,337,450
8%
$407,636
2%
44
-32%
24
-53%
3
0%
$463,038
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
August 2016
Median Price $505,500
Properties Sold
10
Sales Volume $5,216,000
Average Sale Price
$521,600
Properties For Sale 40
Average Days on Market
54
Months Supply of Inventory 4
Average List Price
$903,125
August 2017 %Change $627,000
24%
9
-10%
$6,477,450
24%
$719,717
38%
26
-35%
80
48%
3
-25%
$1,125,430
25%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
August 2016 Median Price $523,000
August 2017 %Change $707,500
35%
Properties Sold 134 Sales Volume $92,121,260
152
13%
$122,792,121
33%
$807,843
17%
495
-9%
33
-37%
3
-25%
$845,601
-18%
Average Sale Price
$692,641
Properties For Sale 544
Average Days on Market
52
Months Supply of Inventory 4
Average List Price
$1,033,966
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
August 2016
Median Price $750,000
Properties Sold
87
Sales Volume $72,880,060
Average Sale Price
$837,702
Properties For Sale 346
Average Days on Market
55
Months Supply of Inventory 4
Average List Price
$946,185
August 2017 %Change $675,000
-10%
83
-5%
$73,643,688
1%
$887,273
6%
306
-12%
40
-27%
4
0%
$833,344
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-12%
Sun Valley
August 2016
Median Price $503,000
Properties Sold
21
Sales Volume $13,670,950
Average Sale Price
$516,714
Properties For Sale 76
Average Days on Market
57
Months Supply of Inventory 4
Average List Price
$484,753
August 2017 %Change $480,000
-5%
31
48%
$17,200,700
26%
$440,665
-15%
62
-18%
30
-47%
2
-50%
$486,348
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
0%
Sylmar
August 2016
Median Price $438,000
Properties Sold
72
Sales Volume $32,811,374
Average Sale Price
$455,714
Properties For Sale 231
Average Days on Market
53
Months Supply of Inventory 3
Average List Price
$430,503
August 2017 %Change $450,000
3%
79
10%
$37,520,314
14%
$474,941
4%
186
-19%
23
-57%
2
-33%
$465,976
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Tarzana
August 2016
Median Price $490,475
Properties Sold
59
Sales Volume $43,102,040
Average Sale Price
$743,139
Properties For Sale 273
Average Days on Market
46
Months Supply of Inventory 5
Average List Price
$829,376
August 2017 %Change $505,000
3%
61
3%
$42,137,600
-2%
$690,780
-7%
253
-7%
26
-43%
4
-20%
$943,079
14%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
August 2016
Median Price $518,000
Properties Sold
18
Sales Volume $18,706,300
Average Sale Price
$1,039,239
Properties For Sale 92
Average Days on Market
51
Months Supply of Inventory 5
Average List Price
$970,266
August 2017 %Change $785,000
52%
17
-6%
$15,513,105
-17%
$912,536
-12%
75
-18%
37
-27%
4
-20%
$812,237
-16%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
August 2016
Median Price $670,000
Properties Sold
24
Sales Volume $15,470,000
Average Sale Price
$644,583
Properties For Sale 89
Average Days on Market
48
Months Supply of Inventory 4
Average List Price
$529,751
August 2017 %Change $675,000
1%
35
46%
$22,045,475
43%
$629,871
-2%
58
-35%
43
-10%
2
-50%
$725,916
37%v
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Village
August 2016
Median Price $765,000
Properties Sold
30
Sales Volume $24,763,979
Average Sale Price
$825,466
Properties For Sale 134
Average Days on Market
46
Months Supply of Inventory 4
Average List Price
$891,120
August 2017 %Change $861,000
13%
44
47%
$34,765,235
40%
$790,119
-4%
108
-19%
29
-37%
2
-50%
$502,258
-44%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
August 2016
Median Price $410,000
Properties Sold
41
Sales Volume $15,376,257
Average Sale Price
$375,031
Properties For Sale 184
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$482,967
August 2017 %Change $502,500
23%
66
61%
$35,493,489
131%
$537,780
43%
140
-24%
37
-34%
2
-50%
$704,586
46%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
August 2016
Median Price $604,000
Properties Sold
65
Sales Volume $34,994,880
Average Sale Price
$538,383
Properties For Sale 238
Average Days on Market
42
Months Supply of Inventory 4
Average List Price
$503,329
August 2017 %Change $630,000
4%
60
-8%
$33,045,406
-6%
$550,757
2%
230
-3%
26
-38%
4
0%
$621,766
24%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
August 2016
August 2017 %Change
Median Price $500,000
$528,000
6%
Properties Sold
52
27%
Sales Volume $15,885,650
$23,819,170
50%
Average Sale Price
$458,061
15%
Properties For Sale 108
107
-1%
Average Days on Market
26
-32%
Months Supply of Inventory 3
2
-33%
Average List Price
$454,052
-13%v
41
$397,141
38
$518,957
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
August 2016
Median Price $500,000
Properties Sold
132
Sales Volume $60,186,467
Average Sale Price
$455,958
Properties For Sale 132
Average Days on Market
42
Months Supply of Inventory 5
Average List Price
$528,709
August 2017 %Change $644,000
29%
159
20%
$96,675,871
61%
$608,024
33%
159
20%
34
-19%
4
-20%
$626,987
19%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT