Local Market Report
20 18 February
San Fernando Valley
RodeoRE.com TM
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
Feb 2017
Feb 2018
%Change
Median Price $440,000
$527,500
20%
6
-25%
$3,051,000
-15%
$508,500
13%
22
-35%
12
-76%
4
0%
$522,619
16%
Properties Sold
8
Sales Volume $3,600,000
Average Sale Price
$450,000
Properties For Sale 34
Average Days on Market
49
Months Supply of Inventory 4
Average List Price
$448,696
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Bell Canyon
Feb 2017
Median Price $1,300,000
Properties Sold
1
Sales Volume $1,300,000
Average Sale Price
$1,300,000
Properties For Sale 18
Average Days on Market
95
Months Supply of Inventory 18
Average List Price
$1,570,737
Feb 2018 $1,227,000
-6%
5
400%
$7,321,000
463%
$1,464,200
13%
16
-11%
101
6%
3
-83%
$2,009,333
28%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Burbank
Feb 2017
Feb 2018
%Change
Median Price $656,000
$755,000
15%
41
0%
$33,868,500
18%
$826,061
18%
109
-17%
38
-27%
3
0%
$931,115
30%
Properties Sold
41
Sales Volume $28,590,000
Average Sale Price
$697,317
Properties For Sale 132
Average Days on Market
52
Months Supply of Inventory 3
Average List Price
$718,672
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
Feb 2017
Median Price $970,000
Properties Sold
16
Sales Volume $23,033,000
Average Sale Price
$1,439,563
Properties For Sale 16
Average Days on Market
46
Months Supply of Inventory 6
Average List Price
$2,076,298
Feb 2018 $1,316,500
36%
18
13%
$28,072,500
22%
$1,559,583
8%
18
13%
38
-17%
6
0%
$1,930,768
-7%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Chatsworth
Feb 2017
Feb 2018
%Change
Median Price $527,475
$525,000
0%
21
5%
$12,571,300
17%
$598,633
11%
21
5%
35
-39%
4
0%
$812,905
37%
Properties Sold
20
Sales Volume $10,773,050
Average Sale Price
$538,653
Properties For Sale 20
Average Days on Market
57
Months Supply of Inventory 4
Average List Price
$593,875
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
Feb 2017
Median Price “$690,000
Properties Sold
37
Sales Volume $33,888,244
Average Sale Price
$915,898
Properties For Sale 165
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$1,391,148
Feb 2018 $1,040,000”
51%
40
8%
$56,606,400
67%
$1,415,160
55%
155
-6%
47
7%
4
0%
$1,644,936
18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Granada Hills
Feb 2017
Feb 2018
%Change
Median Price $575,000
$711,000
24%
26
-10%
$20,326,250
19%
$781,779
33%
26
-10%
32
-37%
3
0%
$762,364
7%
Properties Sold
29
Sales Volume $17,047,288
Average Sale Price
$587,838
Properties For Sale 29
Average Days on Market
51
Months Supply of Inventory 3
Average List Price
$710,508
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
Feb 2017
Median Price $2,825,000
Properties Sold
2
Sales Volume $5,650,000
Average Sale Price
$2,825,000
Properties For Sale 31
Average Days on Market
18
Months Supply of Inventory 16
Average List Price
$7,199,875
Feb 2018 $3,900,000
38%
7
250%
$30,020,000
431%
$4,288,571
52%
21
-32%
16
-11%
3
-81%
$4,407,556
-39%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
**Lake Balboa**
Feb 2017
Feb 2018
%Change
Median Price $602,500
$551,500
-8%
14
-13%
$7,835,500
-18%
$559,679
-6%
41
0%
26
-64%
3
0%
$600,702
10%
Properties Sold
16
Sales Volume $9,518,005
Average Sale Price
$594,875
Properties For Sale 41
Average Days on Market
73
Months Supply of Inventory 3
Average List Price
$544,324
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Mission Hills
Feb 2017
Feb 2018
%Change
Median Price $505,750
$454,000
-10%
6
50%
$2,551,900
27%
$425,317
-16%
16
-6%
23
-59%
3
-25%
$480,383
-5%
Properties Sold
4
Sales Volume $2,016,500
Average Sale Price
$504,125
Properties For Sale 17
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$504,687
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hills
Feb 2017
Feb 2018
%Change
Median Price $521,000
$520,000
0%
Properties Sold
18
Sales Volume $8,909,600
Average Sale Price
$494,978
Properties For Sale 18
Average Days on Market
72
Months Supply of Inventory 3
Average List Price
$534,608
11
-39%
$5,293,333
-41%
$481,212
-3%
11
-39%
78
8%
4
33%
$528,683
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hollywood
Feb 2017
Feb 2018
%Change
Median Price $497,500
$585,000
18%
26
-24%
$15,639,205
-12%
$601,508
15%
26
-24%
69
53%
3
0%
$628,944
13%
Properties Sold
34
Sales Volume $17,825,009
Average Sale Price
$524,265
Properties For Sale 34
Average Days on Market
45
Months Supply of Inventory 3
Average List Price
$559,001
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
Feb 2017
Feb 2018
%Change
Median Price $599,999
$675,000
13%
41
-25%
$29,454,699
-10%
$718,407
20%
100
-29%
42
-30%
2
-33%
$740,820
12%
Properties Sold
55
Sales Volume $32,827,186
Average Sale Price
$596,858
Properties For Sale 141
Average Days on Market
60
Months Supply of Inventory 3
Average List Price
$664,229
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Pacoima
Feb 2017
Feb 2018
%Change
Median Price $393,000
$425,000
8%
Properties Sold
11
Sales Volume $4,156,000
Average Sale Price
$377,818
Properties For Sale 11
Average Days on Market
48
Months Supply of Inventory 4
Average List Price
$368,452
27
145%
$11,030,750
165%
$408,546 27
145%
37
-23%
1
-75%
$403,136
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
9%
Reseda
Feb 2017
Feb 2018
%Change
Median Price $405,000
$465,750
15%
36
16%
$17,427,700
37%
$484,103
18%
58
-28%
24
-56%
2
-33%
$523,493
12%
Properties Sold
31
Sales Volume $12,680,250
Average Sale Price
$409,040
Properties For Sale 80
Average Days on Market
55
Months Supply of Inventory 3
Average List Price
$465,837
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
Feb 2017
Feb 2018
%Change
Median Price $425,000
$426,250
0%
Properties Sold
11
Sales Volume $4,588,923
Average Sale Price
$417,175
Properties For Sale 28
Average Days on Market
41
Months Supply of Inventory 3
Average List Price
$401,993
6
-45%
$2,475,000
-46%
$412,500
-1%
15
-46%
21
-49%
3
0%
$419,485
4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
Feb 2017
Feb 2018
Median Price $780,000
Properties Sold
5
Sales Volume $3,784,100
Average Sale Price
$0
$756,820
Properties For Sale 23
Average Days on Market
20
%Change -100% -100% -100% -100% -13%
68
-100%
Months Supply of Inventory 5
-100%
Average List Price
$757,220
$866,981
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
14%
Sherman Oaks
Feb 2017 Median Price $909,500
Feb 2018
%Change
$998,000
10%
Properties Sold 58 Sales Volume $62,873,918
61
5%
$74,146,250
18%
$1,215,512
12%
155
-16%
37
-41%
3
0%
$1,215,512
12%
Average Sale Price
$1,084,033
Properties For Sale 185
Average Days on Market
63
Months Supply of Inventory 3
Average List Price
$1,084,033
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
Feb 2017
Median Price $974,000
Properties Sold
32
Sales Volume $39,495,725
Average Sale Price
$1,234,241
Properties For Sale 138
Average Days on Market
70
Months Supply of Inventory 4
Average List Price
$1,234,241
Feb 2018 $1,188,500
22%
32
0%
$46,308,685
17%
$1,447,146
17%
109
-21%
29
-59%
3
-25%
$1,447,146
17%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Sun Valley
Feb 2017
Feb 2018
%Change
Median Price $440,000
$507,250
15%
16
-6%
$8,363,500
4%
$522,719
10%
49
11%
45
-4%
3
0%
$556,376
-4%
Properties Sold
17
Sales Volume $8,076,000
Average Sale Price
$475,059
Properties For Sale 44
Average Days on Market
47
Months Supply of Inventory 3
Average List Price
$577,820
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
Feb 2017
Feb 2018
%Change
Median Price $410,000
$509,000
24%
34
-31%
$17,040,650
-14%
$501,196
23%
102
-22%
31
-42%
3
0%
$523,376
9%
Properties Sold
49
Sales Volume $19,887,199
Average Sale Price
$405,861
Properties For Sale 130
Average Days on Market
53
Months Supply of Inventory 3
Average List Price
$478,001
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
Feb 2017
Median Price $830,000
Properties Sold
30
Sales Volume $30,616,400
Average Sale Price
$1,020,547
Properties For Sale 112
Average Days on Market
81
Months Supply of Inventory 4
Average List Price
$908,247
Feb 2018 $1,000,000
20%
19
-37%
$23,465,500
-23%
$1,235,026
21%
118
5%
35
-57%
6
50%
$1,375,258
51%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Toluca Lake
Feb 2017
Feb 2018
%Change
Median Price $619,000
$851,000
37%
7
-22%
$8,387,500
-39%
$1,198,214
-21%
28
-15%
33
-52%
4
0%
$1,142,461
2%
Properties Sold
9
Sales Volume $13,677,000
Average Sale Price
$1,519,667
Properties For Sale 33
Average Days on Market
69
Months Supply of Inventory 4
Average List Price
$1,116,100
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
Feb 2017
Feb 2018
%Change
Median Price $676,925
$745,000
10%
9
-25%
$6,577,500
-23%
Properties Sold
12
Sales Volume $8,505,850
Average Sale Price
$708,821
Properties For Sale 41
Average Days on Market
64
Months Supply of Inventory 3
Average List Price
$771,200
$730,833 28
-32%
32
-50%
3
0%
$750,509
-3%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
Valley Village
Feb 2017
Feb 2018
%Change
Median Price $800,000
$885,000
11%
7
-36%
$7,281,500
-24%
$1,040,214
19%
30
-17%
24
-59%
4
33%
$1,096,141
34%
Properties Sold
11
Sales Volume $9,611,990
Average Sale Price
$873,817
Properties For Sale 36
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$816,135
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
Feb 2017
Feb 2018
%Change
Median Price $450,000
$525,000
17%
19
-41%
$10,561,300
-27%
$555,858
22%
71
-28%
37
-34%
4
33%
$574,849
22%
Properties Sold
32
Sales Volume $14,559,474
Average Sale Price
$454,984
Properties For Sale 99
Average Days on Market
56
Months Supply of Inventory 3
Average List Price
$472,841
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
Feb 2017
Feb 2018
%Change
Median Price $674,888
$685,500
2%
36
57%
$24,439,299
51%
$678,869
-4%
87
-2%
45
-10%
2
-50%
Properties Sold
23
Sales Volume $16,230,788
Average Sale Price
$705,686
Properties For Sale 89
Average Days on Market
50
Months Supply of Inventory 4
Average List Price
$705,811
$750,985
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
Winnetka
Feb 2017
Feb 2018
%Change
Median Price $518,000
$570,000
10%
Properties Sold
18
-14%
Sales Volume $10,532,500
$9,671,000
-8%
Average Sale Price
$537,278
7%
21
$501,548
Properties For Sale 59
46
-22%
Average Days on Market
25
-60%
Months Supply of Inventory 3
3
0%
Average List Price
$533,291
7%
62
$496,563
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
Feb 2017
Feb 2018
%Change
Median Price $655,000
$755,000
15%
65
38%
$50,440,401
50%
$776,006
8%
195
-1%
29
-55%
3
-25%
$912,736
14%
Properties Sold
47
Sales Volume $33,715,750
Average Sale Price
$717,356
Properties For Sale 196
Average Days on Market
65
Months Supply of Inventory 4
Average List Price
$800,158
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT