Local Market Report
20 18 January
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
Jan 2017
Jan 2018
%Change
Median Price $442,000
$507,250
15%
18
50%
$8,845,500
66%
$491,417
11%
21
-25%
28
-63%
1
-50%
Properties Sold
12
Sales Volume $5,317,800
Average Sale Price
$443,150
Properties For Sale 28
Average Days on Market
76
Months Supply of Inventory 2
Average List Price
$448,531
$480,274
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
7%
Bell Canyon
Jan 2017
Median Price $1,200,000
Properties Sold
2
Sales Volume $2,400,000
Average Sale Price
$1,200,000
Properties For Sale 2
Average Days on Market
149
Months Supply of Inventory 8
Average List Price
$1,035,000
Jan 2018 $1,040,000
-13%
3
50%
$4,275,000
78%
$1,425,000
19%
3
50%
61
-59%
6
-25%
$1,748,500
69%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Burbank
Jan 2017
Jan 2018
%Change
Median Price $753,757
$761,225
1%
54
6%
$45,435,822
14%
$841,404
8%
Properties Sold
51
Sales Volume $39,729,557
Average Sale Price
$779,011
Properties For Sale 120
Average Days on Market
49
Months Supply of Inventory 2
Average List Price
$810,952
99
-18%
53
8%
2
0%
$876,054
8%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
Jan 2017
Median Price $1,335,000
Properties Sold
14
Sales Volume $17,089,535
Average Sale Price
$1,220,681
Properties For Sale 14
Average Days on Market
88
Months Supply of Inventory 7
Average List Price
$1,727,725
Jan 2018 $1,222,000
-8%
14
0%
$20,768,000
22%
$1,483,429
22%
14
0%
49
-44%
6
-14%
$2,122,465
23%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Chatsworth
Jan 2017
Jan 2018
%Change
Median Price $550,000
$555,000
1%
27
13%
$15,181,000
-2%
$562,259
-13%
78
-13%
58
45%
3
-25%
$806,388
11%
Properties Sold
24
Sales Volume $15,468,000
Average Sale Price
$644,500
Properties For Sale 90
Average Days on Market
40
Months Supply of Inventory 4
Average List Price
$727,753
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
Jan 2017
Jan 2018
%Change
Median Price $756,250
$799,000
6%
Properties Sold
55
Sales Volume $76,481,850
Average Sale Price
$1,390,579
Properties For Sale 171
Average Days on Market
70
Months Supply of Inventory 3
Average List Price
$1,528,104
39
-29%
$55,796,536
-27%
$1,430,680
3%
130
-24%
38
-46%
3
0%
$1,592,625
4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
Jan 2017
Jan 2018
%Change
Median Price $630,250
$607,500
-4%
40
54%
Properties Sold
26
Sales Volume $16,434,150
Average Sale Price
$632,083
Properties For Sale 77
Average Days on Market
49
Months Supply of Inventory 3
Average List Price
$651,387
$26,059,977
4023%
$651,499
#REF!
63
-18%
32
-35%
2
-33%
$736,238
13%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
Jan 2017
Median Price $2,927,500
Properties Sold
4
Sales Volume $11,931,000
Average Sale Price
$2,982,750
Properties For Sale 29
Average Days on Market
230
Months Supply of Inventory 7
Average List Price
$8,130,690
Jan 2018 $16,000,000
447%
1
-75%
$16,000,000
34%
$16,000,000
436%
23
-21%
116
-50%
23
229%
$7,171,814
-12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
**Lake Balboa**
Jan 2017
Jan 2018
%Change
Median Price $530,000
$550,000
4%
Properties Sold
19
Sales Volume $10,185,000
Average Sale Price
$536,053
Properties For Sale 19
Average Days on Market
60
Months Supply of Inventory 2
Average List Price
$541,509
13
-32%
$7,469,000
-27%
$574,538 13
-32%
20
-67%
2
0%
$609,651
13%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
7%
Mission Hills
Jan 2017
Jan 2018
%Change
Median Price $462,500
$510,000
10%
9
50%
$4,522,000
70%
$502,444
13%
15
-6%
43
54%
2
-33%
Properties Sold
6
Sales Volume $2,661,000
Average Sale Price
$443,500
Properties For Sale 16
Average Days on Market
28
Months Supply of Inventory 3
Average List Price
$453,737
$474,725
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
5%
North Hills
Jan 2017
Jan 2018
%Change
Median Price $501,500
$537,750
7%
28
17%
$14,249,318
22%
$508,904
5%
Properties Sold
24
Sales Volume $11,676,950
Average Sale Price
$486,540
Properties For Sale 60
Average Days on Market
65
Months Supply of Inventory 3
Average List Price
$496,942
44
-27%
39
-40%
2
-33%
$528,597
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
North Hollywood
Jan 2017
Jan 2018
%Change
Median Price $550,000
$573,000
4%
Properties Sold
41
Sales Volume $23,672,000
Average Sale Price
$577,366
Properties For Sale 101
Average Days on Market
63
Months Supply of Inventory 2
Average List Price
$508,664
30
-27%
$16,581,500
-30%
$552,717
-4%
69
-32%
45
-29%
2
0%
$565,771
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
Jan 2017
Jan 2018
%Change
Median Price $595,000
$599,000
1%
Properties Sold
55
Sales Volume $36,717,225
Average Sale Price
$667,586
Properties For Sale 55
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$660,287
32
-42%
$20,269,983
-45%
$633,437
-5%
32
-42%
48
-4%
3
0%
$694,668
5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Pacoima
Jan 2017
Jan 2018
%Change
Median Price $397,000
$430,000
8%
Properties Sold
20
Sales Volume $7,631,800
Average Sale Price
$381,590
Properties For Sale 47
Average Days on Market
43
Months Supply of Inventory 2
Average List Price
$416,620
14
-30%
$5,995,000
-21%
$428,214
12%
47
0%
39
-9%
3
50%
$435,692
5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
Jan 2017
Jan 2018
%Change
Median Price $477,500
$500,000
5%
35
9%
$17,241,587
17%
$492,617
7%
Properties Sold
32
Sales Volume $14,696,150
Average Sale Price
$459,255
Properties For Sale 80
Average Days on Market
39
Months Supply of Inventory 3
Average List Price
$498,878
51
-36%
39
0%
1
-67%
$505,700
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
1%
San Fernando
Jan 2017
Jan 2018
%Change
Median Price $377,000
$465,000
23%
17
70%
$7,692,000
96%
$452,471
15%
19
-24%
30
-25%
1
-67%
$404,911
-2%
Properties Sold
10
Sales Volume $3,921,500
Average Sale Price
$392,150
Properties For Sale 25
Average Days on Market
40
Months Supply of Inventory 3
Average List Price
$414,371
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
Jan 2017
Jan 2018
%Change
Median Price $667,000
$902,500
35%
1
-67%
$902,500
-62%
$902,500
13%
20
-20%
57
-15%
20
150%
Properties Sold
3
Sales Volume $2,392,000
Average Sale Price
$797,333
Properties For Sale 25
Average Days on Market
67
Months Supply of Inventory 8
Average List Price
$1,111,167
$1,022,648
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-8%
Sherman Oaks
Jan 2017 Median Price $790,000
Jan 2018
%Change
$902,500
14%
Properties Sold 61 Sales Volume $58,176,279
56
-8%
$57,445,495
-1%
$1,025,812
8%
Average Sale Price
$953,709
Properties For Sale 203
Average Days on Market
52
Months Supply of Inventory 3
Average List Price
$1,137,453
131
-35%
34
-35%
2
-33%
$1,433,419
26%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
Jan 2017
Median Price $1,050,000
Properties Sold
29
Sales Volume $34,300,350
Average Sale Price
$1,182,771
Properties For Sale 29
Average Days on Market
79
Months Supply of Inventory 5
Average List Price
$1,439,025
Jan 2018 $1,160,000
10%
35
21%
$50,551,615
47%
$1,444,332
22%
35
21%
40
-49%
2
-60%
$1,828,060
27%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Sun Valley
Jan 2017
Jan 2018
%Change
Median Price $477,000
$549,000
15%
18
-10%
Properties Sold
20
Sales Volume $9,994,900
Average Sale Price
$499,745
Properties For Sale 20
Average Days on Market
39
Months Supply of Inventory 2
Average List Price
$439,970
$10,015,000
0%
$556,389
11%
18
-10%
33
-15%
3
50%
$589,709
34%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
Jan 2017
Jan 2018
%Change
Median Price $455,000
$479,900
5%
Properties Sold
45
Sales Volume $19,077,200
Average Sale Price
$423,938
Properties For Sale 45
Average Days on Market
52
Months Supply of Inventory 3
Average List Price
$417,247
39
-13%
$18,461,084
-3%
$473,361
12%
39
-13%
44
-15%
2
-33%
$502,041
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
Jan 2017
Jan 2018
%Change
Median Price $566,650
$535,000
-6%
33
10%
$24,748,569
-5%
$749,957
-14%
Properties Sold
30
Sales Volume $26,077,399
Average Sale Price
$869,247
Properties For Sale 108
Average Days on Market
64
Months Supply of Inventory 4
Average List Price
$1,072,463
112
4%
33
-48%
3
-25%
$1,295,240
21%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
Jan 2017
Median Price $1,475,000
Properties Sold
7
Sales Volume $9,685,000
Average Sale Price
$1,383,571
Properties For Sale 35
Average Days on Market
66
Months Supply of Inventory 5
Average List Price
$1,775,676
Jan 2018
%Change
$710,000
-52%
8
14%
$8,780,200
-9%
$1,097,525
-21%
24
-31%
26
-61%
3
-40%
$1,619,567
-9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
Jan 2017
Jan 2018
%Change
Median Price $675,000
$675,000
0%
Properties Sold
15
Sales Volume $8,887,000
Average Sale Price
$592,467
Properties For Sale 45
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$1,015,644
9
-40%
$6,699,900
-25%
$744,433
26%
29
-36%
44
-12%
3
0%
$722,740
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-29%
Valley Village
Jan 2017
Jan 2018
%Change
Median Price $812,000
$895,000
10%
13
-28%
$13,180,500
-17%
$1,013,885
15%
21
-38%
55
0%
2
0%
Properties Sold
18
Sales Volume $15,881,300
Average Sale Price
$882,294
Properties For Sale 34
Average Days on Market
55
Months Supply of Inventory 2
Average List Price
$1,110,799
$885,904
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-20%
Van Nuys
Jan 2017
Jan 2018
%Change
Median Price $475,000
$528,675
11%
33
22%
$18,928,075
45%
$573,578
19%
64
-32%
24
-55%
2
-33%
Properties Sold
27
Sales Volume $13,066,780
Average Sale Price
$483,955
Properties For Sale 94
Average Days on Market
53
Months Supply of Inventory 3
Average List Price
$498,542
$539,917
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
West Hills
Jan 2017
Jan 2018
%Change
Median Price $670,000
$660,000
-1%
27
-34%
$19,225,000
-33%
Properties Sold
41
Sales Volume $28,530,199
Average Sale Price
$695,859
Properties For Sale 41
Average Days on Market
54
Months Supply of Inventory 2
Average List Price
$719,901
$712,037 27
-34%
40
-26%
3
50%
$732,362
2%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
2%
Winnetka
Jan 2017
Jan 2018
%Change
Median Price $505,000
$519,900
3%
Properties Sold
25
-14%
Sales Volume $14,125,499
$12,682,150
-10%
Average Sale Price
$507,286
29
$487,086
4%
Properties For Sale 50
42
-16%
Average Days on Market
33
-31%
Months Supply of Inventory 2
2
0%
Average List Price
$567,158
4%
48
$545,477
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
Jan 2017
Jan 2018
%Change
Median Price $647,000
$747,500
16%
64
7%
$51,436,979
22%
$803,703
14%
156
-18%
33
-42%
2
-33%
$937,844
21%
Properties Sold
60
Sales Volume $42,318,219
Average Sale Price
$705,304
Properties For Sale 191
Average Days on Market
57
Months Supply of Inventory 3
Average List Price
$773,862
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT