Local Market Report
20 17 December
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
Dec 2016
Dec 2017
%Change
Median Price $435,000
$494,500
14%
15
-12%
Properties Sold
17
Sales Volume $7,218,000
Average Sale Price
$424,588
Properties For Sale 26
Average Days on Market
46
Months Supply of Inventory 2
Average List Price
$466,000
$7,567,500
5%
$504,500
19%
14
-46%
34
-26%
1
-50%
$540,483
16%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Bell Canyon
Dec 2016
Median Price $876,625
Properties Sold
2
Sales Volume $1,753,250
Average Sale Price
$876,625
Properties For Sale 2
Average Days on Market
83
Months Supply of Inventory 9
Average List Price
$1,749,500
Dec 2017 $0
-100%
0
-100%
$0
-100%
$0
-100%
0
-100%
0
-100%
0
-100%
$2,599,500
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
49%
Burbank
Dec 2016
Dec 2017
%Change
Median Price $695,000
$778,000
12%
61
0%
Properties Sold
61
Sales Volume $44,612,050
Average Sale Price
$731,345
Properties For Sale 61
Average Days on Market
53
Months Supply of Inventory 2
Average List Price
$690,358
$51,290,500 $840,828
15%
61
0%
38
-28%
1
-50%
$998,686
15%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
#REF!
Calabasas
Dec 2016
Median Price $1,045,000
Properties Sold
26
Sales Volume $17,175,500
Average Sale Price
$1,206,430
Properties For Sale 92
Average Days on Market
54
Months Supply of Inventory 4
Average List Price
$1,559,223
Dec 2017 $1,252,500
20%
19
-27%
$2,319,362
-86%
$1,394,105
16%
69
-25%
67
24%
4
0%
$1,110,177
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
-29%
Chatsworth
Dec 2016
Dec 2017
%Change
Median Price $545,000
$588,750
8%
47
42%
$29,169,750
29%
$620,633
-9%
69
-16%
48
-24%
1
-50%
$687,034
13%
Properties Sold
33
Sales Volume $22,544,900
Average Sale Price
$683,179
Properties For Sale 82
Average Days on Market
63
Months Supply of Inventory 2
Average List Price
$610,525
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
Dec 2016
Dec 2017
%Change
Median Price $877,500
$807,250
-8%
52
-10%
Properties Sold
58
Sales Volume $70,384,027
Average Sale Price
$1,213,518
Properties For Sale 58
Average Days on Market
57
Months Supply of Inventory 3
Average List Price
$1,340,252
$71,523,166
2%
$1,375,446
13%
52
-10%
38
-33%
2
-33%
$1,544,057
15%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
Dec 2016
Dec 2017
%Change
Median Price $582,500
$660,000
13%
51
-15%
$35,293,037
-10%
Properties Sold
60
Sales Volume $39,207,500
Average Sale Price
$653,458
Properties For Sale 60
Average Days on Market
50
Months Supply of Inventory 1
Average List Price
$584,790
$692,020 51
-15%
31
-38%
1
0%
$681,265
16%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
Hidden Hills
Dec 2016
Dec 2017
Median Price $3,201,180
Properties Sold
2
Sales Volume $6,402,360
Average Sale Price
$0
%Change -100% -100% -100%
$3,201,180
-100%
Properties For Sale 2
-100%
Average Days on Market
54
-100%
Months Supply of Inventory 14
-100%
Average List Price
$2,872,500
$3,999,000
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
39%
**Lake Balboa**
Dec 2016
Dec 2017
%Change
Median Price $522,500
$575,000
10%
19
-44%
$10,778,700
-39%
$567,300
10%
19
-53%
16
-64%
1
0%
$539,699
5%
Properties Sold
34
Sales Volume $17,584,999
Average Sale Price
$517,206
Properties For Sale 40
Average Days on Market
44
Months Supply of Inventory 1
Average List Price
$512,794
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Mission Hills
Dec 2016
Dec 2017
%Change
Median Price $470,000
$512,500
9%
Properties Sold
15
Sales Volume $6,623,000
Average Sale Price
$441,533
Properties For Sale 17
Average Days on Market
75
Months Supply of Inventory 1
Average List Price
$445,000
10
-33%
$4,981,900
-25%
$498,190
13%
14
-18%
28
-63%
1
0%
$455,617
2%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hills
Dec 2016
Dec 2017
%Change
Median Price $515,000
$556,250
8%
Properties Sold
29
Sales Volume $14,140,500
Average Sale Price
$487,603
Properties For Sale 77
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$476,658
22
-24%
$11,688,046
-17%
$531,275 38
-51%
23
-54%
2
-33%
$528,685
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
9%
North Hollywood
Dec 2016
Dec 2017
%Change
Median Price $548,288
$577,500
5%
50
19%
$29,213,618
25%
$584,272
5%
50
19%
25
-26%
1
-67%
$595,940
21%
Properties Sold
42
Sales Volume $23,352,875
Average Sale Price
$556,021
Properties For Sale 42
Average Days on Market
34
Months Supply of Inventory 3
Average List Price
$494,556
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
Dec 2016
Dec 2017
%Change
Median Price $607,000
$663,250
9%
Properties Sold
72
Sales Volume $44,941,850
Average Sale Price
$624,192
Properties For Sale 164
Average Days on Market
56
Months Supply of Inventory 2
Average List Price
$695,298
56
-22%
$37,635,895
-16%
$672,070 80
-51%
32
-43%
1
-50%
$693,348
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
0%
Pacoima
Dec 2016
Dec 2017
%Change
Median Price $390,000
$417,000
7%
Properties Sold
33
Sales Volume $12,223,250
Average Sale Price
$370,402
Properties For Sale 53
Average Days on Market
42
Months Supply of Inventory 2
Average List Price
$373,365
20
-39%
$8,445,000
-31%
$422,250
14%
26
-51%
18
-57%
1
-50%
$417,279
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
Dec 2016
Dec 2017
%Change
Median Price $432,000
$530,000
23%
47
4%
$24,549,400
28%
$522,328
22%
47
4%
30
-41%
1
-50%
Properties Sold
45
Sales Volume $19,189,734
Average Sale Price
$426,439
Properties For Sale 45
Average Days on Market
51
Months Supply of Inventory 2
Average List Price
$462,112
$488,718
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
San Fernando
Dec 2016
Dec 2017
%Change
Median Price $405,000
$430,000
6%
15
0%
$6,376,500
8%
$425,100
8%
Properties Sold
15
Sales Volume $5,906,690
Average Sale Price
$393,779
Properties For Sale 22
Average Days on Market
22
Months Supply of Inventory 1
Average List Price
$440,385
15
-32%
15
-32%
1
0%
$433,190
-2%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
Dec 2016
Median Price $739,000
Properties Sold
7
Sales Volume $5,312,695
Average Sale Price
$758,956
Properties For Sale 23
Average Days on Market
89
Months Supply of Inventory 3
Average List Price
$709,500
Dec 2017 $1,150,000
56%
3
-57%
$2,767,500
-48%
$922,500
22%
20
-13%
20
-78%
7
133%
$1,279,667
80%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Sherman Oaks
Dec 2016 Median Price $800,000
Dec 2017
%Change
$939,500
17%
Properties Sold 72 Sales Volume $70,375,610
66
-8%
$70,783,276
1%
$1,072,474
10%
99
-49%
33
-44%
2
-33%
$1,234,580
26%
Average Sale Price
$977,439
Properties For Sale 195
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$982,610
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
Dec 2016
Median Price $1,064,500
Properties Sold
36
Sales Volume $44,498,115
Average Sale Price
$1,236,059
Properties For Sale 113
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$1,106,246
Dec 2017
%Change
$937,572
-12%
54
50%
$57,431,844
29%
$1,063,553
-14%
73
-35%
31
-47%
1
-67%
$1,329,853
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sun Valley
Dec 2016
Dec 2017
%Change
Median Price $449,000
$535,000
19%
21
-5%
$10,662,500
3%
$507,738
8%
48
30%
28
-56%
2
0%
$518,569
8%
Properties Sold
22
Sales Volume $10,370,100
Average Sale Price
$471,368
Properties For Sale 37
Average Days on Market
63
Months Supply of Inventory 2
Average List Price
$480,789
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
Dec 2016
Dec 2017
%Change
Median Price $416,944
$490,000
18%
43
-31%
$20,741,424
-19%
$482,359
17%
74
-43%
39
-19%
2
0%
$501,417
11%
Properties Sold
62
Sales Volume $25,592,510
Average Sale Price
$412,782
Properties For Sale 129
Average Days on Market
48
Months Supply of Inventory 2
Average List Price
$451,905
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
Dec 2016
Dec 2017
%Change
Median Price $905,000
$715,000
-21%
Properties Sold
32
Sales Volume $34,463,700
Average Sale Price
$1,076,991
Properties For Sale 111
Average Days on Market
58
Months Supply of Inventory 3
Average List Price
$1,804,881
33 $26,602,588
-23%
$806,139
-25%
97
-13%
38
-34%
3
0%
$1,070,990
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
-41%
Toluca Lake
Dec 2016
Median Price $679,000
Properties Sold
11
Sales Volume $8,059,400
Average Sale Price
$732,673
Properties For Sale 32
Average Days on Market
42
Months Supply of Inventory 3
Average List Price
$599,633
Dec 2017 $1,180,000
74%
12
9%
$19,024,000
136%
$1,585,333
116%
19
-41%
60
43%
2
-33%
$1,277,090
113%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Valley Glen
Dec 2016
Dec 2017
%Change
Median Price $653,000
$713,500
9%
Properties Sold
23
Sales Volume $14,455,800
Average Sale Price
$628,513
Properties For Sale 45
Average Days on Market
44
Months Supply of Inventory 2
Average List Price
$729,711
17
-26%
$13,162,000
-9%
$774,235
23%
23
-49%
49
11%
1
-50%
$863,863
18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Village
Dec 2016
Dec 2017
%Change
Median Price $860,000
$890,000
3%
Properties Sold
29
Sales Volume $25,560,050
Average Sale Price
$881,381
Properties For Sale 46
Average Days on Market
36
Months Supply of Inventory 2
Average List Price
$911,513
19
-34%
$18,593,000
-27%
$978,579
11%
11
-76%
19
-47%
1
-50%
$1,531,621
68%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
Dec 2016
Dec 2017
%Change
Median Price $456,250
$525,000
15%
39
-3%
$20,224,700
15%
$518,582
18%
39
-3%
18
-60%
2
0%
Properties Sold
40
Sales Volume $17,565,000
Average Sale Price
$439,125
Properties For Sale 40
Average Days on Market
45
Months Supply of Inventory 2
Average List Price
$551,900
$493,162
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-11%
West Hills
Dec 2016
Dec 2017
%Change
Median Price $640,000
$670,000
5%
51
65%
$36,831,178
87%
$722,180
14%
51
65%
30
-61%
1
-67%
Properties Sold
31
Sales Volume $19,700,400
Average Sale Price
$635,497
Properties For Sale 31
Average Days on Market
77
Months Supply of Inventory 3
Average List Price
$706,794
$729,770
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
Winnetka
Dec 2016
Dec 2017
%Change
Median Price $530,000
$550,000
4%
Properties Sold
35
-15%
Sales Volume $20,962,291
$18,250,650
-13%
Average Sale Price
$521,447
41
$511,275
2%
Properties For Sale 50
37
-26%
Average Days on Market
41
-5%
Months Supply of Inventory 1
1
0%
Average List Price
$488,085
7%
43
$454,441
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
Dec 2016
Dec 2017
%Change
Median Price $660,000
$782,000
18%
86
8%
$69,842,329
26%
$812,120
17%
159
-11%
38
-36%
2
0%
$861,591
3%
Properties Sold
80
Sales Volume $55,520,299
Average Sale Price
$694,004
Properties For Sale 178
Average Days on Market
59
Months Supply of Inventory 2
Average List Price
$834,171
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT