Local Market Report
20 17 September
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
Sept 2016
Sept 2017
%Change
Median Price $430,000
$472,000
10%
17
-19%
Properties Sold
21
Sales Volume $7,897,999
Average Sale Price
$376,095
Properties For Sale 21
Average Days on Market
27
Months Supply of Inventory 2
Average List Price
$399,608
$8,025,475
2%
$472,087
26%
17
-19%
32
19%
2
0%
$436,529
9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Bell Canyon
Sept 2016
Sept 2017
%Change
$474,545
-71%
2
-33%
$949,090
-74%
$474,545
-62%
42
-18%
80
19
-76%
Months Supply of Inventory 17
21
24%
$1,820,041
69%
Median Price $1,639,000
Properties Sold
3
Sales Volume $3,709,000
Average Sale Price
$1,236,333
Properties For Sale 51
Average Days on Market
Average List Price
$1,077,320
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Burbank
Sept 2016
Sept 2017
%Change
Median Price $620,000
$686,063
11%
88
-26%
$67,187,480
-37%
$763,494
-15%
309
-7%
26
-47%
4
33%
$685,338
13%
Properties Sold
119
Sales Volume $106,564,060
Average Sale Price
$895,496
Properties For Sale 334
Average Days on Market
49
Months Supply of Inventory 3
Average List Price
$603,882
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
Sept 2016
Median Price $418,000
Properties Sold
54
Sales Volume $47,557,805
Average Sale Price
$897,317
Properties For Sale 300
Average Days on Market
59
Months Supply of Inventory 6
Average List Price
$1,144,131
Sept 2017
%Change
$911,000
118%
46
-15%
$45,215,334
-5%
$982,942
10%
264
-12%
35
-41%
6
0%
$724,684
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-37%
Chatsworth
Sept 2016
Sept 2017
%Change
Median Price $517,000
$569,950
10%
43
-4%
$25,801,700
11%
$600,040
16%
233
11%
40
-43%
5
0%
$602,501
1%
Properties Sold
45
Sales Volume $23,291,024
Average Sale Price
$517,578
Properties For Sale 210
Average Days on Market
70
Months Supply of Inventory 5
Average List Price
$596,064
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
Sept 2016
Sept 2017
%Change
Median Price $350,000
$718,750
105%
70
-14%
$70,547,945
50%
$1,007,828
71%
348
-11%
40
-23%
5
0%
$1,257,422
21%
Properties Sold
81
Sales Volume $47,078,105
Average Sale Price
$588,476
Properties For Sale 392
Average Days on Market
52
Months Supply of Inventory 5
Average List Price
$1,040,723
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
Sept 2016
Sept 2017
%Change
Median Price $530,900
$590,000
11%
58
-5%
$33,143,970
0%
$571,448
5%
Properties Sold
61
Sales Volume $33,302,630
Average Sale Price
$545,945
Properties For Sale 211
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$542,619
178
-16%
33
-27%
3
0%
$541,351
0%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
Sept 2016
Median Price $2,775,000
Properties Sold
3
Sales Volume $16,645,000
Average Sale Price
$5,548,333
Properties For Sale 46
Average Days on Market
110
Months Supply of Inventory 15
Average List Price
$6,149,975
Sept 2017 $4,160,000
50%
2
-33%
$8,320,000
-50%
$4,160,000
-25%
36
-22%
63
-43%
18
20%
$6,419,000
4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
**Lake Balboa**
Sept 2016
Sept 2017
%Change
Median Price $515,000
$540,000
-2%
31
-11%
$15,069,465
-10%
Properties Sold
35
Sales Volume $16,773,864
Average Sale Price
$479,253
Properties For Sale 35
Average Days on Market
43
Months Supply of Inventory 3
Average List Price
$489,356
$486,112 31
-11%
27
-37%
3
0%
$479,775
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
1%
#REF!
Mission Hills
Sept 2016
Sept 2017
%Change
Median Price $425,000
$539,250
27%
12
20%
$6,019,000
59%
$501,583
33%
28
-43%
19
-60%
2
-60%
$479,953
15%
Properties Sold
10
Sales Volume $3,779,800
Average Sale Price
$377,980
Properties For Sale 49
Average Days on Market
48
Months Supply of Inventory 5
Average List Price
$417,794
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hills
Sept 2016
Sept 2017
%Change
Median Price $467,500
$515,000
10%
33
-8%
$15,009,000
-4%
$454,818
5%
Properties Sold
36
Sales Volume $15,657,838
Average Sale Price
$434,940
Properties For Sale 128
Average Days on Market
54
Months Supply of Inventory 4
Average List Price
$433,164
105
-18%
22
-59%
3
-25%
$449,733
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
North Hollywood
Sept 2016
Sept 2017
%Change
Median Price $490,000
$580,000
18%
71
13%
$43,427,115
21%
$611,650
7%
71
13%
35
-31%
4
-20%
$579,427
-5%
Properties Sold
63
Sales Volume $35,977,100
Average Sale Price
$571,065
Properties For Sale 63
Average Days on Market
51
Months Supply of Inventory 5
Average List Price
$609,919
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
Sept 2016
Sept 2017
%Change
Median Price $520,000
$597,500
15%
68
-52%
$43,424,032
-36%
$638,589
33%
350
-22%
35
-33%
5
25%
$578,846
9%
Properties Sold
142
Sales Volume $68,082,346
Average Sale Price
$479,453
Properties For Sale 447
Average Days on Market
52
Months Supply of Inventory 4
Average List Price
$532,832
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Pacoima
Sept 2016
Sept 2017
%Change
Median Price $400,000
$434,500
9%
Properties Sold
21
Sales Volume $7,606,400
Average Sale Price
$362,210
Properties For Sale 21
Average Days on Market
34
Months Supply of Inventory 4
Average List Price
$371,602
14
-33%
$5,761,000
-24%
$411,500
14%
14
-33%
17
-50%
4
0%
$511,604
38%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
Sept 2016
Sept 2017
%Change
Median Price $430,000
$465,000
8%
48
-6%
$20,562,172
2%
$428,379
8%
Properties Sold
51
Sales Volume $20,217,390
Average Sale Price
$396,419
Properties For Sale 165
Average Days on Market
42
Months Supply of Inventory 3
Average List Price
$357,886
146
-12%
24
-43%
3
0%
$485,001
36%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
Sept 2016
Sept 2017
%Change
Median Price $400,000
$498,500
25%
10
-9%
$5,089,000
20%
$508,900
32%
45
-33%
25
-58%
5
-17%
$462,747
15%
Properties Sold
11
Sales Volume $4,256,200
Average Sale Price
$386,927
Properties For Sale 67
Average Days on Market
59
Months Supply of Inventory 6
Average List Price
$400,654
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
Sept 2016
Sept 2017
%Change
Median Price $600,000
$679,000
13%
5
-29%
Properties Sold
7
Sales Volume $4,024,500
Average Sale Price
$574,929
Properties For Sale 7
Average Days on Market
115
Months Supply of Inventory 5
Average List Price
$1,006,968
$4,084,000
1%
$816,800
42%
5
-29%
88
-23%
6
20%
$899,956
-11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
Sept 2016 Median Price $740,000
Sept 2017
%Change
$795,000
7%
Properties Sold 117 Sales Volume $107,823,190
113
-3%
$93,221,231
-14%
$824,967
-10%
485
-13%
35
-33%
4
-20%
Average Sale Price
$921,566
Properties For Sale 557
Average Days on Market
52
Months Supply of Inventory 5
Average List Price
$953,608
$1,013,723
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
Studio City
Sept 2016
Sept 2017
%Change
Median Price $607,500
$929,000
53%
75
4%
$67,592,278
3%
$901,230
-1%
308
-15%
32
-32%
4
-20%
$1,142,739
14%
Properties Sold
72
Sales Volume $65,694,050
Average Sale Price
$912,417
Properties For Sale 363
Average Days on Market
47
Months Supply of Inventory 5
Average List Price
$999,505
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sun Valley
Sept 2016
Sept 2017
%Change
Median Price $490,000
$503,250
3%
Properties Sold
15
Sales Volume $7,074,200
Average Sale Price
$471,613
Properties For Sale 15
Average Days on Market
43
Months Supply of Inventory 6
Average List Price
$480,837
30
100%
$16,723,420
136%
$557,447
18%
30
100%
34
-21%
3
-50%
$540,495
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
Sept 2016
Sept 2017
%Change
Median Price $439,000
$479,950
9%
Properties Sold
67
Sales Volume $27,996,388
Average Sale Price
$417,857
Properties For Sale 67
Average Days on Market
41
Months Supply of Inventory 4
Average List Price
$417,951
60
-10%
$27,330,499
-2%
$455,508
9%
60
-10%
37
-10%
3
-25%
$456,971
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
9%
Tarzana
Sept 2016
Sept 2017
%Change
Median Price $420,000
$595,000
42%
62
-22%
Properties Sold
79
Sales Volume $45,676,050
Average Sale Price
$578,178
Properties For Sale 267
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$708,834
$47,477,384
4%
$765,764
32%
241
-10%
32
-46%
4
33%
$714,210
1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
Sept 2016
Sept 2017
%Change
Median Price $495,750
$679,000
37%
21
17%
$14,069,895
83%
$669,995
57%
77
-11%
34
-24%
4
-20%
$1,017,522
37%
Properties Sold
18
Sales Volume $7,677,245
Average Sale Price
$426,514
Properties For Sale 87
Average Days on Market
45
Months Supply of Inventory 5
Average List Price
$744,346
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
Sept 2016
Sept 2017
%Change
Median Price $597,000
$675,000
13%
22
-15%
Properties Sold
26
Sales Volume $13,904,350
Average Sale Price
$534,783
Properties For Sale 84
Average Days on Market
49
Months Supply of Inventory 3
Average List Price
$596,538
$15,128,500
9%
$687,659
29%
64
-24%
34
-31%
3
0%
$577,790
-3%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Village
Sept 2016
Sept 2017
%Change
Median Price $759,000
$762,500
0%
Properties Sold
31
Sales Volume $25,193,217
Average Sale Price
$812,684
Properties For Sale 31
Average Days on Market
49
Months Supply of Inventory 4
Average List Price
$635,399
28
-10%
$30,541,445
21%
$1,090,766
34%
28
-10%
44
-10%
4
0%
$1,150,317
81%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
Sept 2016
Sept 2017
%Change
Median Price $462,500
$495,000
7%
51
6%
$26,675,600
13%
$523,051
7%
Properties Sold
48
Sales Volume $23,536,231
Average Sale Price
$490,338
Properties For Sale 185
Average Days on Market
41
Months Supply of Inventory 4
Average List Price
$527,142
141
-24%
28
-32%
3
-25%
$605,814
15%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
Sept 2016
Sept 2017
%Change
Median Price $556,000
$656,250
18%
64
5%
$40,408,065
44%
$631,376
35%
211
-6%
38
-24%
3
-25%
$594,227
34%
Properties Sold
61
Sales Volume $28,010,948
Average Sale Price
$466,849
Properties For Sale 225
Average Days on Market
50
Months Supply of Inventory 4
Average List Price
$444,847
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
Sept 2016
Sept 2017
%Change
Median Price $495,965
$520,000
5%
Properties Sold
50
56%
Sales Volume $13,072,019
$25,491,594
95%
Average Sale Price
$509,832
25%
Properties For Sale 114
111
-3%
Average Days on Market
27
-40%
Months Supply of Inventory 4
2
-50%
Average List Price
$422,328
12%
32
$408,501
45
$375,605
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
Sept 2016
Sept 2017
%Change
Median Price $569,000
$582,500
2%
130
-4%
$69,295,842
3%
$533,045
7%
Properties Sold
135
Sales Volume $67,321,768
Average Sale Price
$498,680
Properties For Sale 659
Average Days on Market
47
Months Supply of Inventory 5
Average List Price
$710,699
568
-14%
31
-34%
4
-20%
$632,816
-11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT