Local Market Report
May
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
May 2016
May 2017
%Change
Median Price $440,000
$470,000
7%
21
5%
$9,823,000
12%
$467,762
6%
Properties Sold
20
Sales Volume $8,804,000
Average Sale Price
$440,200
Properties For Sale 25
Average Days on Market
62
Months Supply of Inventory 1
Average List Price
$404,019
19
-24%
21
-66%
1
0%
$492,506
22%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Bell Canyon
May 2016
Median Price $885,000.00
Properties Sold
1.00
Sales Volume $885,000.00
Average Sale Price
$885,000.00
Properties For Sale 31.00
Average Days on Market
91.00
Months Supply of Inventory 31.00
Average List Price
$1,950,492.00
May 2017 $1,645,000.00
86%
6.00
500%
$10,026,000.00 1033% $1,671,000.00
89%
19.00
-39%
92.00
1%
3.00
-90%
$1,776,625.00
-9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Burbank
May 2016
May 2017
%Change
Median Price $695,000
$813,000
17%
55
22%
$47,847,150
41%
$869,948
15%
114
-16%
25
-52%
2
-33%
$933,525
18%
Properties Sold
45
Sales Volume $33,988,735
Average Sale Price
$755,305
Properties For Sale 135
Average Days on Market
52
Months Supply of Inventory 3
Average List Price
$789,713
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
May 2016
Median Price $1,650,000
Properties Sold
27
Sales Volume $50,487,000
Average Sale Price
$1,869,889
Properties For Sale 125
Average Days on Market
77
Months Supply of Inventory 5
Average List Price
$1,867,057
May 2017 $1,565,000
-5%
35
30%
$59,066,015
17%
$1,687,600
-10%
105
-16%
41
-47%
3
-40%
$2,002,415
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
7%
Chatsworth
May 2016
May 2017
%Change
Median Price $620,500
$695,000
12%
26
30%
$18,514,225
40%
$712,086
8%
Properties Sold
20
Sales Volume $13,177,915
Average Sale Price
$658,896
Properties For Sale 106
Average Days on Market
64
Months Supply of Inventory 5
Average List Price
$862,618
93
-12%
19
-70%
4
-20%
$1,171,249
36%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
May 2016
Median Price $1,330,875
Properties Sold
45
Sales Volume $70,991,875
Average Sale Price
$1,577,597
Properties For Sale 148
Average Days on Market
63
Months Supply of Inventory 3
Average List Price
$1,690,196
May 2017 $1,256,000
-6%
51
13%
$86,325,844
22%
$1,692,664
7%
129
-13%
48
-24%
3
0%
$2,381,460
41%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Granada Hills
May 2016
May 2017
%Change
Median Price $578,250
$620,000
7%
49
7%
$31,317,500
13%
$639,133
6%
99
11%
28
-22%
2
0%
$669,370
0%
Properties Sold
46
Sales Volume $27,632,900
Average Sale Price
$600,715
Properties For Sale 89
Average Days on Market
36
Months Supply of Inventory 2
Average List Price
$670,889
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
May 2016
Median Price $3,600,000
Properties Sold
1
Sales Volume $3,600,000
Average Sale Price
$3,600,000
Properties For Sale 39
Average Days on Market
42
Months Supply of Inventory 39
Average List Price
$6,189,328
May 2017 $2,375,000 1
-34% 0%
$2,375,000
-34%
$2,375,000
-34%
29
-26%
9
-79%
29
-26%
$6,104,750
-1%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Lake Balboa
May 2016
May 2017
%Change
Median Price $545,000
$599,000
10%
13
-13%
$7,666,386
-6%
$589,722
9%
Properties Sold
15
Sales Volume $8,116,400
Average Sale Price
$541,093
Properties For Sale 44
Average Days on Market
53
Months Supply of Inventory 3
Average List Price
$572,190
31
-30%
27
-49%
2
-33%
$619,772
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Mission Hills
May 2016
May 2017
%Change
Median Price $457,500
$490,000
7%
Properties Sold
12
Sales Volume $5,394,399
Average Sale Price
$449,533
Properties For Sale 20
Average Days on Market
50
Months Supply of Inventory 2
Average List Price
$474,087
9
-25%
$4,525,450
-16%
$502,828
12%
11
-45%
23
-54%
1
-50%
$492,211
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
North Hills
May 2016
May 2017
%Change
Median Price $473,500
$587,750
24%
24
20%
$14,208,400
47%
$592,017
22%
37
-24%
32
0%
2
0%
$585,319
13%
Properties Sold
20
Sales Volume $9,680,798
Average Sale Price
$484,040
Properties For Sale 49
Average Days on Market
32
Months Supply of Inventory 2
Average List Price
$517,613
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hollywood
May 2016
May 2017
%Change
Median Price $519,000
$549,950
6%
36
9%
$20,139,900
1%
$559,442
-8%
68
-19%
21
-67%
2
-33%
$622,201
10%
Properties Sold
33
Sales Volume $19,967,372
Average Sale Price
$605,072
Properties For Sale 84
Average Days on Market
63
Months Supply of Inventory 3
Average List Price
$563,892
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Northridge
May 2016
May 2017
%Change
Median Price $699,000
$710,000
2%
59
-6%
$45,190,958
-3%
$765,948
4%
Properties Sold
63
Sales Volume $46,576,950
Average Sale Price
$739,317
Properties For Sale 200
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$805,533
145
-28%
28
-53%
2
-33%
$805,447
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
0%
Pacoima
May 2016
May 2017
%Change
Median Price $420,000
$432,000
3%
20
18%
$8,550,500
23%
$427,525
4%
38
-3%
25
-43%
2
0%
$453,654
14%
Properties Sold
17
Sales Volume $6,975,000
Average Sale Price
$410,294
Properties For Sale 39
Average Days on Market
44
Months Supply of Inventory 2
Average List Price
$396,332
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Reseda
May 2016
May 2017
%Change
Median Price $492,500
$517,049
5%
47
24%
$25,682,099
41%
$546,428
14%
59
-8%
34
-56%
1
-50%
Properties Sold
38
Sales Volume $18,232,666
Average Sale Price
$479,807
Properties For Sale 64
Average Days on Market
78
Months Supply of Inventory 2
Average List Price
$494,074
$529,056
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
7%
San Fernando
May 2016
May 2017
%Change
Median Price $385,700
$449,750
17%
16
100%
$7,182,449
123%
Properties Sold
8
Sales Volume $3,226,425
Average Sale Price
$403,303
Properties For Sale 27
Average Days on Market
30
Months Supply of Inventory 3
Average List Price
$435,143
$448,903
11%
21
-22%
23
-23%
1
-67%
$456,736
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
5%
Shadow Hills
May 2016
Median Price $610,000
May 2017
%Change
$1,061,000
74%
1
0%
$1,061,000
74%
$1,061,000
74%
12
-33%
26
46
77%
Months Supply of Inventory 18
12
-33%
$1,342,250
88%
Properties Sold
1
Sales Volume $610,000
Average Sale Price
$610,000
Properties For Sale 18
Average Days on Market
Average List Price
$712,880
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
May 2016 Median Price $1,067,500
May 2017 $1,178,750
10%
Properties Sold 52 Sales Volume $65,112,625
66
27%
$83,557,628
28%
$1,266,025
1%
Average Sale Price
$1,252,166
Properties For Sale 182
Average Days on Market
53
Months Supply of Inventory 4
Average List Price
$1,400,283
148
-19%
34
-36%
2
-50%
$1,448,931
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
3%
Studio City
May 2016
Median Price $1,535,000
Properties Sold
32
Sales Volume $62,649,941
Average Sale Price
$1,957,811
Properties For Sale 108
Average Days on Market
48
Months Supply of Inventory 3
Average List Price
$1,751,008
May 2017 $1,360,000 33
-11% 3%
$53,717,783
-14%
$1,627,812
-17%
106
-2%
28
-42%
3
0%
$1,906,370
9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Sun Valley
May 2016
May 2017
%Change
Median Price $460,000
$475,000
3%
21
24%
$11,329,500
35%
$539,500
10%
39
-22%
27
-48%
2
-33%
$639,061
26%
Properties Sold
17
Sales Volume $8,369,769
Average Sale Price
$492,339
Properties For Sale 50
Average Days on Market
52
Months Supply of Inventory 3
Average List Price
$505,487
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
May 2016
May 2017
%Change
Median Price $487,500
$465,000
-5%
43
-7%
$21,050,299
-7%
$489,542
-1%
94
-3%
29
-34%
2
0%
$570,295
21%
Properties Sold
46
Sales Volume $22,755,950
Average Sale Price
$494,695
Properties For Sale 97
Average Days on Market
44
Months Supply of Inventory 2
Average List Price
$472,357
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
May 2016
Median Price $916,000
Properties Sold
26
Sales Volume $28,529,320
Average Sale Price
$1,097,282
Properties For Sale 110
Average Days on Market
73
Months Supply of Inventory 4
Average List Price
$1,279,678
May 2017 $1,097,500
20%
26
0%
$31,640,400
11%
$1,216,938
11%
104
-5%
41
-44%
4
0%
$1,596,672
25%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Toluca Lake
May 2016
Median Price $955,000
Properties Sold
3
Sales Volume $3,880,000
Average Sale Price
$1,293,333
Properties For Sale 21
Average Days on Market
41
Months Supply of Inventory 7
Average List Price
$1,504,286
May 2017 $1,489,500
56%
8
167%
$12,899,000
232%
$1,612,375
25%
15
-29%
31
-24%
2
-71%
$2,004,345
33%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Valley Glen
May 2016
May 2017
%Change
Median Price $635,000
$837,500
32%
13
-24%
$12,605,500
17%
$969,654
53%
28
-28%
61
0%
2
0%
$784,003
12%
Properties Sold
17
Sales Volume $10,769,200
Average Sale Price
$633,482
Properties For Sale 39
Average Days on Market
61
Months Supply of Inventory 2
Average List Price
$700,314
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Village
May 2016
Median Price $905,000
Properties Sold
15
Sales Volume $14,448,360
Average Sale Price
$963,224
Properties For Sale 42
Average Days on Market
32
Months Supply of Inventory 3
Average List Price
$1,037,548
May 2017 $1,053,095
16%
16
7%
$16,497,615
14%
$1,031,101
7%
30
-29%
32
0%
2
-33%
$1,298,264
25%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Van Nuys
May 2016
May 2017
%Change
Median Price $551,000
$526,250
-4%
26
-19%
$14,280,526
-24%
$549,251
-6%
57
-3%
45
-25%
2
0%
$606,828
9%
Properties Sold
32
Sales Volume $18,770,750
Average Sale Price
$586,586
Properties For Sale 59
Average Days on Market
60
Months Supply of Inventory 2
Average List Price
$555,823
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
May 2016
May 2017
%Change
Median Price $612,500
$674,250
10%
46
21%
$33,088,124
32%
$719,307
9%
102
-4%
26
-49%
2
-33%
$742,649
-5%
Properties Sold
38
Sales Volume $25,146,900
Average Sale Price
$661,761
Properties For Sale 106
Average Days on Market
51
Months Supply of Inventory 3
Average List Price
$777,906
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
May 2016
May 2017
%Change
Median Price $483,500
$545,000
13%
Properties Sold
24
9%
Sales Volume $10,922,800
$13,020,900
19%
Average Sale Price
$542,538
9%
Properties For Sale 44
47
7%
Average Days on Market
20
-60%
Months Supply of Inventory 2
2
0%
Average List Price
$539,413
7%
22
$496,491
50
$503,894
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
May 2016
May 2017
%Change
Median Price $740,000
$830,000
12%
70
8%
$62,212,955
14%
$888,757
6%
Properties Sold
65
Sales Volume $54,578,150
Average Sale Price
$839,664
Properties For Sale 228
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$980,490
183
-20%
27
-52%
3
-25%
$912,124
-7%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT