Local Market Report November
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
Nov 2016
Nov 2017
%Change
Median Price $420,000
$476,000
13%
12
-45%
$5,563,000
-34%
$463,583
21%
27
-16%
19
-30%
2
100%
Properties Sold
22
Sales Volume $8,414,050
Average Sale Price
$382,457
Properties For Sale 32
Average Days on Market
27
Months Supply of Inventory 1
Average List Price
$466,463
$502,372
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Bell Canyon
Nov 2016
Median Price $1,162,000
Properties Sold
2
Sales Volume $2,324,000
Average Sale Price
$1,162,000
Properties For Sale 2
Average Days on Market
83
Months Supply of Inventory 9
Average List Price
$1,744,667
Nov 2017 $1,138,375
-2%
2
0%
$2,276,750
-2%
$1,138,375
-2%
2
0%
95
14%
13
44%
$1,424,500
-18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Burbank
Nov 2016
Nov 2017
%Change
Median Price $705,000
$729,000
3%
62
0%
$49,127,400
8%
$792,377
8%
62
0%
43
-4%
2
-33%
Properties Sold
62
Sales Volume $45,422,050
Average Sale Price
$732,614
Properties For Sale 62
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$750,237
$787,672
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
5%
Calabasas
Nov 2016
Median Price $1,300,000
Properties Sold
23
Sales Volume $23,553,475
Average Sale Price
$1,222,001
Properties For Sale 113
Average Days on Market
62
Months Supply of Inventory 5
Average List Price
$2,060,326
Nov 2017 $1,340,000
3%
23
0%
$9,153,499
-61%
$1,349,693
10%
87
-23%
78
26%
4
-20%
$2,124,330
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
3%
Chatsworth
Nov 2016
Nov 2017
%Change
Median Price $535,000
$630,000
18%
38
36%
$26,686,747
21%
$702,283
-11%
Properties Sold
28
Sales Volume $22,040,300
Average Sale Price
$787,154
Properties For Sale 93
Average Days on Market
69
Months Supply of Inventory 3
Average List Price
$722,744
94
1%
38
-45%
2
-33%
$736,759
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
2%
Encino
Nov 2016
Nov 2017
%Change
Median Price $934,500
$930,000
0%
46
-8%
$55,758,000
-11%
$1,212,130
-4%
46
-8%
40
-25%
3
-25%
Properties Sold
50
Sales Volume $62,836,473
Average Sale Price
$1,256,729
Properties For Sale 50
Average Days on Market
53
Months Supply of Inventory 4
Average List Price
$1,588,935
$1,591,690
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
0%
Granada Hills
Nov 2016
Nov 2017
%Change
Median Price $558,000
$596,500
7%
46
5%
$29,296,650
18%
$636,884
13%
46
5%
39
-29%
2
0%
$725,386
0%
Properties Sold
44
Sales Volume $24,839,300
Average Sale Price
$564,530
Properties For Sale 44
Average Days on Market
55
Months Supply of Inventory 2
Average List Price
$724,483
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
Nov 2016
Median Price $3,100,000
Properties Sold
4
Sales Volume $16,460,000
Average Sale Price
$4,115,000
Properties For Sale 4
Average Days on Market
148
Months Supply of Inventory 8
Average List Price
$3,183,250
Nov 2017 $9,175,000
196%
3
-25%
$21,750,000
32%
$7,250,000
76%
3
-25%
146
-1%
8
0%
$11,625,000
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
265%
**Lake Balboa**
Nov 2016
Nov 2017
%Change
Median Price $548,500
$572,500
4%
Properties Sold
32
Sales Volume $17,241,600
Average Sale Price
$538,800
Properties For Sale 53
Average Days on Market
48
Months Supply of Inventory 2
Average List Price
$561,999
18
-44%
$10,600,750
-39%
$588,931 28
-47%
19
-60%
2
0%
$558,406
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
9%
Mission Hills
Nov 2016
Nov 2017
%Change
Median Price $448,750
$550,000
23%
4
-67%
$2,174,000
-57%
$543,500
28%
13
-52%
17
-67%
3
50%
$536,317
20%
Properties Sold
12
Sales Volume $5,096,000
Average Sale Price
$424,667
Properties For Sale 27
Average Days on Market
52
Months Supply of Inventory 2
Average List Price
$448,667
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hills
Nov 2016
Nov 2017
%Change
Median Price $485,000
$567,500
17%
28
4%
$15,178,340
25%
$542,084
20%
55
-31%
34
-24%
2
-33%
Properties Sold
27
Sales Volume $12,170,400
Average Sale Price
$450,756
Properties For Sale 80
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$497,593
$539,151
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
North Hollywood
Nov 2016
Nov 2017
%Change
Median Price $499,500
$565,000
13%
48
37%
$27,309,500
65%
$568,948
21%
48
37%
36
-10%
2
-50%
$655,844
19%
Properties Sold
35
Sales Volume $16,511,500
Average Sale Price
$471,757
Properties For Sale 35
Average Days on Market
40
Months Supply of Inventory 4
Average List Price
$552,949
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
Nov 2016
Nov 2017
%Change
Median Price $615,000
$637,000
4%
Properties Sold
78
Sales Volume $49,503,969
Average Sale Price
$634,666
Properties For Sale 202
Average Days on Market
43
Months Supply of Inventory 3
Average List Price
$749,312
52
-33%
$34,044,548
-31%
$654,703 113
-44%
37
-14%
2
-33%
$782,081
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
4%
Pacoima
Nov 2016
Nov 2017
%Change
Median Price $400,000
$430,000
8%
27
23%
$12,497,500
45%
$462,870
18%
40
-47%
39
18%
1
-67%
$439,565
15%
Properties Sold
22
Sales Volume $8,623,950
Average Sale Price
$391,998
Properties For Sale 75
Average Days on Market
33
Months Supply of Inventory 3
Average List Price
$380,587
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
Nov 2016
Nov 2017
%Change
Median Price $476,500
$517,000
8%
42
31%
$21,143,700
36%
$503,421
4%
42
31%
32
-32%
2
-50%
$492,776
10%
Properties Sold
32
Sales Volume $15,508,482
Average Sale Price
$484,640
Properties For Sale 32
Average Days on Market
47
Months Supply of Inventory 4
Average List Price
$446,606
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
Nov 2016
Nov 2017
%Change
Median Price $399,500
$467,000
17%
11
-45%
$4,810,000
-40%
$437,273
10%
21
-19%
32
-24%
2
100%
$473,600
15%
Properties Sold
20
Sales Volume $7,978,800
Average Sale Price
$398,940
Properties For Sale 26
Average Days on Market
42
Months Supply of Inventory 1
Average List Price
$411,300
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
Nov 2016
Nov 2017
%Change
Median Price $725,000
$878,000
21%
7
0%
$6,118,000
30%
$874,000
30%
24
-20%
91
23%
3
-25%
$1,064,500
10%
Properties Sold
7
Sales Volume $4,690,000
Average Sale Price
$670,000
Properties For Sale 30
Average Days on Market
74
Months Supply of Inventory 4
Average List Price
$970,765
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
Nov 2016 Median Price $784,000
Nov 2017
%Change
$895,000
14%
Properties Sold 80 Sales Volume $81,586,600
79
-1%
$86,425,384
6%
$1,093,992
7%
Average Sale Price
$1,019,833
Properties For Sale 259
Average Days on Market
47
Months Supply of Inventory 3
Average List Price
$1,134,584
151
-42%
36
-23%
2
-33%
$1,269,365
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
Nov 2016
Median Price $1,140,000
Properties Sold
47
Sales Volume $59,408,848
Average Sale Price
$1,264,018
Properties For Sale 146
Average Days on Market
60
Months Supply of Inventory 3
Average List Price
$1,165,770
Nov 2017 $1,150,000
1%
47
0%
$58,839,280
-1%
$1,251,900
-1%
115
-21%
30
-50%
2
-33%
$1,555,635
33%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Sun Valley
Nov 2016
Nov 2017
%Change
Median Price $484,500
$517,000
7%
15
25%
$7,697,900
20%
$513,193
-4%
54
10%
12
-71%
4
0%
$576,479
12%
Properties Sold
12
Sales Volume $6,438,400
Average Sale Price
$536,533
Properties For Sale 49
Average Days on Market
41
Months Supply of Inventory 4
Average List Price
$514,533
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
Nov 2016
Nov 2017
%Change
Median Price $460,000
$491,450
7%
54
-5%
$26,871,108
4%
$497,613
10%
111
-28%
28
-53%
2
-33%
Properties Sold
57
Sales Volume $25,804,753
Average Sale Price
$452,715
Properties For Sale 155
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$455,700
$471,908
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
Tarzana
Nov 2016
Nov 2017
%Change
Median Price $765,000
$515,000
-33%
43
-2%
$31,437,916
-15%
$731,114
-13%
123
-8%
41
-2%
3
0%
$1,423,928
76%
Properties Sold
44
Sales Volume $36,953,757
Average Sale Price
$839,858
Properties For Sale 133
Average Days on Market
42
Months Supply of Inventory 3
Average List Price
$807,939
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
Nov 2016
Nov 2017
%Change
Median Price $672,000
$662,500
-1%
12
-14%
$12,240,858
-31%
$1,020,072
-20%
23
-41%
16
-67%
2
-33%
$1,157,669
49%
Properties Sold
14
Sales Volume $17,805,000
Average Sale Price
$1,271,786
Properties For Sale 39
Average Days on Market
48
Months Supply of Inventory 3
Average List Price
$779,172
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
Nov 2016
Nov 2017
%Change
Median Price $600,000
$700,000
17%
9
-57%
$7,382,000
-41%
$820,222
38%
34
-32%
30
-48%
4
100%
Properties Sold
21
Sales Volume $12,510,000
Average Sale Price
$595,714
Properties For Sale 50
Average Days on Market
58
Months Supply of Inventory 2
Average List Price
$696,669
$754,426
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Valley Village
Nov 2016
Nov 2017
%Change
Median Price $841,321
$924,000
10%
19
12%
$19,225,500
18%
$1,011,868
6%
Properties Sold
17
Sales Volume $16,293,321
Average Sale Price
$958,431
Properties For Sale 53
Average Days on Market
35
Months Supply of Inventory 3
Average List Price
$857,786
27
-49%
32
-9%
1
-67%
$956,329
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
Nov 2016
Nov 2017
%Change
Median Price $448,500
$482,000
7%
35
3%
$16,759,500
3%
$478,843
0%
35
3%
25
-53%
3
0%
$555,658
16%
Properties Sold
34
Sales Volume $16,257,090
Average Sale Price
$478,150
Properties For Sale 34
Average Days on Market
53
Months Supply of Inventory 3
Average List Price
$480,669
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
Nov 2016
Nov 2017
%Change
Median Price $629,900
$671,000
7%
48
37%
$32,872,560
44%
$684,845
5%
48
37%
40
-25%
2
-33%
$747,525
11%
Properties Sold
35
Sales Volume $22,765,731
Average Sale Price
$650,449
Properties For Sale 35
Average Days on Market
53
Months Supply of Inventory 3
Average List Price
$672,293
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
Nov 2016
Nov 2017
%Change
Median Price $498,950
$520,000
4%
Properties Sold
33
27%
Sales Volume $12,598,575
$16,506,500
31%
Average Sale Price
$500,197
3%
26
$484,561
Properties For Sale 76
54
-29%
Average Days on Market
25
-48%
Months Supply of Inventory 3
2
-33%
Average List Price
$510,730
10%
48
$466,351
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
Nov 2016
Nov 2017
%Change
Median Price $680,000
$685,500
1%
84
25%
$63,502,350
35%
$755,980
7%
218
-8%
40
-9%
3
-25%
$896,173
14%
Properties Sold
67
Sales Volume $47,191,041
Average Sale Price
$704,344
Properties For Sale 237
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$787,840
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT