Local Market Report
October
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
October 2016
Median Price $442,000
Properties Sold
13
Sales Volume $5,803,500
Average Sale Price
$446,423
Properties For Sale 13
Average Days on Market
26
Months Supply of Inventory 3
Average List Price
$386,379
October 2017 %Change $490,000
11%
19
46%
$9,392,525
62%
$494,343
11%
19
46%
17
-35%
1
-67%
$422,089
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
9%
Bell Canyon
October 2016
Median Price $1,405,000
Properties Sold
5
Sales Volume $4,453,250
Average Sale Price
$890,650
Properties For Sale 42
Average Days on Market
97
Months Supply of Inventory 8
Average List Price
$1,414,333
October 2017 %Change $1,599,500
14%
6
20%
$9,624,000
116%
$1,604,000
80%
42
0%
30
-69%
7
-13%
$1,240,987
-12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Burbank
October 2016
Median Price $647,555
Properties Sold
106
Sales Volume $127,913,335
Average Sale Price
$1,206,730
Properties For Sale 319
Average Days on Market
42
Months Supply of Inventory 3
Average List Price
$646,842
October 2017 %Change $676,676
4%
99
-7%
$61,446,179
-52%
$620,668
-49%
300
-6%
37
-12%
3
0%
$624,572
-3%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
October 2016
Median Price $715,000
Properties Sold
49
Sales Volume $48,038,985
Average Sale Price
$980,387
Properties For Sale 297
Average Days on Market
76
Months Supply of Inventory 6
Average List Price
$1,113,787
October 2017 %Change $440,000
-38%
36
-27%
$26,989,533
-44%
$749,709
-24%
255
-14%
46
-39%
7
17%
$1,068,641
-4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Chatsworth
October 2016
Median Price $480,000
Properties Sold
41
Sales Volume $21,646,250
Average Sale Price
$527,957
Properties For Sale 208
Average Days on Market
72
Months Supply of Inventory 5
Average List Price
$767,976
October 2017 %Change $550,000
15%
66
61%
$34,940,399
61%
$529,400
0%
209
0%
40
-44%
3
-40%
$572,949
-25%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
October 2016
Median Price $639,950
Properties Sold
67
Sales Volume $58,515,954
Average Sale Price
$873,372
Properties For Sale 402
Average Days on Market
53
Months Supply of Inventory 6
Average List Price
$1,261,289
October 2017 %Change $614,000
-4%
93
39%
$94,595,940
62%
$1,017,161
16%
339
-16%
33
-38%
4
-33%
$1,071,306
-15%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
October 2016
Median Price $570,000
Properties Sold
51
Sales Volume $28,579,295
Average Sale Price
$560,378
Properties For Sale 193
Average Days on Market
41
Months Supply of Inventory 4
Average List Price
$531,045
October 2017 %Change $585,000
3%
63
24%
$34,724,540
22%
$551,183
-2%
193
0%
32
-22%
3
-25%
$619,001
17%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
***Hidden Hills***
October 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
October 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
October 2016
Median Price $525,000
Properties Sold
29
Sales Volume $12,665,200
Average Sale Price
$436,731
Properties For Sale 29
Average Days on Market
46
Months Supply of Inventory 3
Average List Price
$526,783
October 2017 %Change $539,000 23
-21%
$10,912,850
-14%
$474,472
9%
23
-21%
22
-52%
3
0%
$538,224
2%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
Mission Hills
October 2016
Median Price $440,500
Properties Sold
9
Sales Volume $4,177,500
Average Sale Price
$464,167
Properties For Sale 41
Average Days on Market
74
Months Supply of Inventory 5
Average List Price
$432,496
October 2017 %Change $509,000
16%
9
0%
$4,130,650
-1%
$458,961
-1%
27
-34%
15
-80%
3
-40%
$456,910
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
North Hills
October 2016
Median Price $505,000
Properties Sold
31
Sales Volume $14,772,663
Average Sale Price
$476,538
Properties For Sale 124
Average Days on Market
46
Months Supply of Inventory 4
Average List Price
$463,103
October 2017 %Change $507,000
0%
29
-6%
$13,107,965
-11%
$451,999
-5%
102
-18%
39
-15%
4
0%
$459,903
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hollywood
October 2016
Median Price $486,500
Properties Sold
64
Sales Volume $38,049,495
Average Sale Price
$594,523
Properties For Sale 64
Average Days on Market
62
Months Supply of Inventory 4
Average List Price
$654,451
October 2017 %Change $524,000 56
-13%
$33,615,834
-12%
$600,283
1%
56
-13%
38
-39%
5
25%
$691,775
6%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Northridge
October 2016
Median Price $571,000
Properties Sold
127
Sales Volume $61,633,697
Average Sale Price
$489,156
Properties For Sale 517
Average Days on Market
42
Months Supply of Inventory 4
Average List Price
$535,086
October 2017 %Change $555,000
-3%
81
-36%
$42,842,016
-30%
$528,914 362
-30%
34
-19%
4
0%
$578,035
8%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Pacoima
October 2016
Median Price $339,000
Properties Sold
17
Sales Volume $5,394,400
Average Sale Price
$317,318
Properties For Sale 17
Average Days on Market
56
Months Supply of Inventory 5
Average List Price
$353,602
October 2017 %Change $452,500
33%
20
18%
$9,675,000
79%
$483,750
52%
20
18%
26
-54%
3
-40%
$445,565
26%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
October 2016
Median Price $410,000
Properties Sold
49
Sales Volume $16,456,900
Average Sale Price
$335,855
Properties For Sale 180
Average Days on Market
46
Months Supply of Inventory 4
Average List Price
$481,056
October 2017 %Change $494,950
21%
54
10%
$23,647,800
44%
$437,922
30%
147
-18%
27
-41%
3
-25%
$395,804
-18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
October 2016
Median Price $435,000
Properties Sold
23
Sales Volume $9,905,700
Average Sale Price
$430,683
Properties For Sale 52
Average Days on Market
70
Months Supply of Inventory 2
Average List Price
$444,879
October 2017 %Change $522,500
20%
13
-43%
$6,127,850
-38%
$471,373
9%
52
0%
31
-56%
4
100%
$503,809
13%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
October 2016
Median Price $610,000
Properties Sold
5
Sales Volume $3,400,000
Average Sale Price
$680,000
Properties For Sale 5
Average Days on Market
76
Months Supply of Inventory 8
Average List Price
$699,994
October 2017 %Change $680,000
11%
5
0%
$2,292,600
-33%
$458,520
-33%
5
0%
33
-57%
7
-13%
$970,871
39%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
October 2016 Median Price $732,500
October 2017 %Change $683,500
-7%
Properties Sold 123 Sales Volume $103,225,297
118
-4%
$93,947,368
-9%
$796,164
-6%
459
-19%
29
-48%
4
-20%
$735,986
-5%
Average Sale Price
$846,109
Properties For Sale 565
Average Days on Market
56
Months Supply of Inventory 5
Average List Price
$773,554
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
October 2016
Median Price $680,000
Properties Sold
70
Sales Volume $58,087,685
Average Sale Price
$829,824
Properties For Sale 50
Average Days on Market
55
Months Supply of Inventory 5
Average List Price
$1,012,803
October 2017 %Change $910,000
34%
65
-7%
$70,740,250
22%
$1,088,312
31%
37
-26%
40
-27%
5
0%
$956,586
-6%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sun Valley
October 2016
Median Price $482,500
Properties Sold
28
Sales Volume $12,616,150
Average Sale Price
$450,577
Properties For Sale 28
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$591,306
October 2017 %Change $523,000 23
-18%
$11,077,900
-12%
$481,648
7%
23
-18%
23
-49%
3
0%
$431,666
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
-27%
Sylmar
October 2016
Median Price $405,000
Properties Sold
67
Sales Volume $26,297,704
Average Sale Price
$392,503
Properties For Sale 67
Average Days on Market
40
Months Supply of Inventory 3
Average List Price
$382,406
October 2017 %Change $480,000
19%
65
-3%
$27,301,850
4%
$420,028
7%
65
-3%
40
0%
2
-33%
$515,633
35%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
October 2016
Median Price $290,000
Properties Sold
48
Sales Volume $22,099,127
Average Sale Price
$460,398
Properties For Sale 252
Average Days on Market
60
Months Supply of Inventory 5
Average List Price
$839,374
October 2017 %Change $454,000
57%
63
31%
$42,767,545
94%
$678,850
47%
243
-4%
35
-42%
4
-20%
$1,007,995
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
October 2016
Median Price $599,500
Properties Sold
16
Sales Volume $13,238,000
Average Sale Price
$827,375
Properties For Sale 85
Average Days on Market
57
Months Supply of Inventory 5
Average List Price
$922,441
October 2017 %Change $585,000
-2%
17
6%
$8,897,635
-33%
$523,390
-37%
75
-12%
27
-53%
4
-20%
$1,005,737
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
9%
Valley Glen
October 2016
Median Price $611,500
Properties Sold
23
Sales Volume $11,166,805
Average Sale Price
$485,513
Properties For Sale 85
Average Days on Market
49
Months Supply of Inventory 4
Average List Price
$520,633
October 2017 %Change $722,500
18%
22
-4%
$16,664,790
49%
$757,490
56%
60
-29%
27
-45%
3
-25%
$867,614
67%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Village
October 2016
Median Price $601,500
Properties Sold
24
Sales Volume $14,296,045
Average Sale Price
$595,669
Properties For Sale 24
Average Days on Market
59
Months Supply of Inventory 6
Average List Price
$815,042
October 2017 %Change $783,250
30%
24
0%
$20,073,300
40%
$836,388
40%
24
0%
39
-34%
4
-33%
$837,099
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
Van Nuys
October 2016
Median Price $349,000
Properties Sold
35
Sales Volume $12,766,840
Average Sale Price
$364,767
Properties For Sale 182
Average Days on Market
47
Months Supply of Inventory 5
Average List Price
$648,306
October 2017 %Change $513,000
47%
52
49%
$22,712,250
78%
$436,774
20%
153
-16%
28
-40%
3
-40%
$635,403
-2%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
October 2016
Median Price $564,500
Properties Sold
60
Sales Volume $27,567,040
Average Sale Price
$459,451
Properties For Sale 211
Average Days on Market
53
Months Supply of Inventory 4
Average List Price
$535,554
October 2017 %Change $625,000
11%
54
-10%
$32,414,557
18%
$600,270
31%
204
-3%
35
-34%
4
0%
$557,243
4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
October 2016
October 2017 %Change
Median Price $360,000
$502,500
40%
Properties Sold
42
8%
Sales Volume 12,554,902
$19,140,825
52%
Average Sale Price
$455,734
42%
Properties For Sale 119
107
-10%
Average Days on Market
26
-19%
Months Supply of Inventory 3
3
0%
Average List Price
$462,231
10%
39
$321,921
32
$421,164
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
October 2016
Median Price $590,500
Properties Sold
112
Sales Volume $59,203,310
Average Sale Price
$533,363
Properties For Sale 632
Average Days on Market
53
Months Supply of Inventory 6
Average List Price
$506,203
October 2017 %Change $647,500
10%
102
-9%
$63,929,753
8%
$626,762
18%
562
-11%
49
-8%
6
0%
$613,765
21%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT