Local Market Report
San Fernando Valley Area At Rodeo Realty, we believe education is the key to helping clients make the best possible decisions about buying and selling homes. Our Local Market Reports provide comprehensive analyses of real estate trends in specific communities, versus quoting national, state, and/or county statistics. The fact is market conditions can vary greatly from neighborhood to neighborhood, and sometimes from one block to the next.
RodeoMarketReports.com
Table of Contents Arleta
3
San Fernando
17
Burbank
4
Shadow Hills
18
Calabasas
5
Sherman Oaks
19
Chatsworth
6
Studio City
20
Encino
7
Sun Valley
21
Granada Hills
8
Sylmar
22
Hidden Hills
9
Tarzana
23
Lake Balboa
10
Toluca Lake
24
Mission Hills
11
Valley Glen
25
North Hills
12
Valley Village
26
North Hollywood
13
Van Nuys
27
Northridge
14
West Hills
28
Pacoima
15
Winnetka
29
Reseda
16
Woodland Hills
30
Rodeo Realty RodeoMarketReports.com
Arleta
May 2012
May 2013
%Change
Median Price $256,250
$302,500
18
16
-27
$4,672,300
-17
$292,019
14
30
-61
49
-34
1.88
-46
$305,892
15
Properties Sold
22
Sales Volume $5,624,400
Average Sale Price
$255,655
Properties For Sale 76
Average Days on Market
74
Month’s Supply of Inventory 3.45
Average List Price
$266,967
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Burbank
May 2012
May 2013
%Change
Median Price $490,500
$635,000
29
55
2
$37,068,100
37
$673,965
34
105
-41
40
-38
1.91
-42
$641,905
27
Properties Sold
54
Sales Volume $27,123,398
Average Sale Price
$502,285
Properties For Sale 178
Average Days on Market
65
Month’s Supply of Inventory 3.30
Average List Price
$506,435
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Calabasas
May 2012
May 2013
%Change
Median Price $1,100,000
$985,000
-10
37
12
$45,586,500
20
$1,232,068
7
Properties Sold
33
Sales Volume $37,877,125
Average Sale Price
$1,147,792
Properties For Sale 166
Average Days on Market
103
Month’s Supply of Inventory 5.03
Average List Price
$1,466,483
109
-34
58
-44
2.95
-41
$1,816,273
24
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Chatsworth
May 2012
May 2013
%Change
Median Price $529,079
$649,697
23
30
7
$16,664,500
7
$555,483
0
Properties Sold
28
Sales Volume $15,529,362
Average Sale Price
$554,620
Properties For Sale 140
Average Days on Market
125
Month’s Supply of Inventory 5
Average List Price
$529,079
62
-56
43
-66
2.07
-59
$649,697
23
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Encino
May 2012
May 2013
%Change
Median Price $942,500
$762,000
-19
49
23
$48,674,213
23
$993,351
0
Properties Sold
40
Sales Volume $39,712,860
Average Sale Price
$992,822
Properties For Sale 173
Average Days on Market
63
Month’s Supply of Inventory 4.33
Average List Price
$984,941
134
-23
52
-17
2.73
-37
$1,283,432
30
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Granada Hills
May 2012
May 2013
%Change
Median Price $350,000
$450,000
29
65
51
$32,579,388
104
$501,221
35
83
-52
55
-33
1.28
-68
$599,502
32
Properties Sold
43
Sales Volume $15,964,100
Average Sale Price
$371,258
Properties For Sale 172
Average Days on Market
82
Month’s Supply of Inventory 4
Average List Price
$453,017
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Hidden Hills
May 2012
May 2013
%Change
Median Price $2,984,557
$3,487,841
17
2
0
Properties Sold
2
Sales Volume $8,171,000
Average Sale Price
$4,085,500
Properties For Sale 33
Average Days on Market
151
Month’s Supply of Inventory 16.50
Average List Price
$2,984,557
$3,075,000
-62
$1,537,500
-62
31
-6
81
-46
15.50
-6
$3,487,841
17
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Lake Balboa
May 2012
May 2013
%Change
Median Price $325,500
$415,250
28
16
14
$6,810,600
44
$425,663
26
25
-43
30
-63
1.56
-50
$438,082
17
Properties Sold
14
Sales Volume $4,726,850
Average Sale Price
$337,632
Properties For Sale 44
Average Days on Market
80
Month’s Supply of Inventory 3.14
Average List Price
$373,028
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Mission Hills
May 2012
May 2013
%Change
Median Price $268,750
$358,000
33
11
-45
$3,681,800
-32
$334,709
24
12
-74
25
-68
1.09
-54
$382,475
33
Properties Sold
20
Sales Volume $5,405,000
Average Sale Price
$270,250
Properties For Sale 47
Average Days on Market
77
Month’s Supply of Inventory 2.35
Average List Price
$287,830
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hills
May 2012
May 2013
%Change
Median Price $330,475
$390,000
18
20
-29
$7,541,950
-17
$377,098
17
34
-67
36
-58
1.70
-53
$396,260
18
Properties Sold
28
Sales Volume $9,045,850
Average Sale Price
$323,066
Properties For Sale 102
Average Days on Market
85
Month’s Supply of Inventory 3.64
Average List Price
$336,640
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
North Hollywood
May 2012
May 2013
%Change
Median Price $269,000
$415,000
54
49
23
$21,533,720
89
$439,464
55
63
-69
50
-30
1.29
-75
$379,971
20
Properties Sold
40
Sales Volume $11,377,500
Average Sale Price
$284,438
Properties For Sale 205
Average Days on Market
71
Month’s Supply of Inventory 5.13
Average List Price
$315,838
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Northridge
May 2012
May 2013
%Change
Median Price $490,000
$600,000
22
81
-9
$48,123,065
5
$594,112
15
126
-56
33
-61
1.56
-51
$655,575
32
Properties Sold
89
Sales Volume $45,868,079
Average Sale Price
$515,372
Properties For Sale 284
Average Days on Market
85
Month’s Supply of Inventory 3.19
Average List Price
$494,923
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Pacoima
May 2012
May 2013
%Change
Median Price $260,000
$305,000
17
19
-49
$5,294,800
-42
$278,674
13
36
-70
21
-75
1.89
-41
$292,002
21
Properties Sold
37
Sales Volume $9,100,255
Average Sale Price
$245,953
Properties For Sale 119
Average Days on Market
84
Month’s Supply of Inventory 3.22
Average List Price
$240,534
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Reseda
May 2012
May 2013
%Change
Median Price $300,000
$362,500
21
36
-41
$12,823,060
-33
$356,196
13
52
-70
39
-49
1.44
-49
$386,485
21
Properties Sold
61
Sales Volume $19,249,899
Average Sale Price
$315,572
Properties For Sale 173
Average Days on Market
77
Month’s Supply of Inventory 2.84
Average List Price
$318,630
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
San Fernando
May 2012
May 2013
%Change
Median Price $231,000
$282,500
22
20
-23
$5,733,800
-3
$286,690
26
19
-64
24
-56
0.95
-53
$306,419
22
Properties Sold
26
Sales Volume $5,923,961
Average Sale Price
$227,845
Properties For Sale 53
Average Days on Market
54
Month’s Supply of Inventory 2.04
Average List Price
$250,171
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Shadow Hills
May 2012
May 2013
%Change
Median Price $762,500
$628,500
-18
Properties Sold
4
Sales Volume $4,425,000
Average Sale Price
$1,106,250
Properties For Sale 25
Average Days on Market
73
Month’s Supply of Inventory 6.25
Average List Price
$746,000
4
0
$2,447,000
-45
$611,750
-45
22
-12
80
10
5.50
-12
$786,486
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
5
Sherman Oaks
May 2012
May 2013
%Change
Median Price $700,000
$809,000
16
70
71
$66,152,355
99
$945,034
16
156
-34
51
-29
2.23
-61
$1,011,776
24
Properties Sold
41
Sales Volume $33,277,735
Average Sale Price
$811,652
Properties For Sale 237
Average Days on Market
72
Month’s Supply of Inventory 5.78
Average List Price
$814,753
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Studio City
May 2012
May 2013
%Change
Median Price $908,000
$905,000
0
35
52
$33,841,350
40
$966,896
-8
94
-22
41
-29
2.69
-49
$1,375,776
44
Properties Sold
23
Sales Volume $24,144,500
Average Sale Price
$1,049,761
Properties For Sale 121
Average Days on Market
58
Month’s Supply of Inventory 5.26
Average List Price
$957,450
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sun Valley
May 2012
May 2013
%Change
Median Price $270,000
$325,000
20
15
-44
$5,076,900
-31
$338,460
25
42
-56
38
-57
2.8
-20
$412,757
30
Properties Sold
27
Sales Volume $7,335,574
Average Sale Price
$271,688
Properties For Sale 95
Average Days on Market
89
Month’s Supply of Inventory 3.52
Average List Price
$318,554
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Sylmar
May 2012
May 2013
%Change
Median Price $290,000
$346,600
20
34
-38
$12,407,108
-22
$364,915
26
68
-75
42
-40
2
-59
$392,280
32
Properties Sold
55
Sales Volume $15,954,799
Average Sale Price
$290,087
Properties For Sale 269
Average Days on Market
70
Month’s Supply of Inventory 4.89
Average List Price
$297,275
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Tarzana
May 2012
May 2013
Median Price $603,000
$918,000
52
Properties Sold
33
3
Sales Volume $20,624,686
$30,652,400
49
Average Sale Price
$928,861
44
Properties For Sale 32
33
3
Average Days on Market
54
-8
Month’s Supply of Inventory 4.63
2.27
-51
Average List Price
$1,065,949
13
32
$644,521
59
$944,201
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
%Change
Toluca Lake
May 2012
May 2013
%Change
Median Price $728,000
$875,000
20
11
83
$14,223,000
162
$1,293,000
43
18
-58
32
-68
1.64
-77
$1,357,625
-16
Properties Sold
6
Sales Volume $5,425,000
Average Sale Price
$904,167
Properties For Sale 43
Average Days on Market
101
Month’s Supply of Inventory 7.17
Average List Price
$1,642,322
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Valley Glen
May 2012
May 2013
%Change
Median Price $347,500
$645,000
86
19
58
$12,536,500
171
$659,816
71
30
-19
47
-56
1.58
-49
Properties Sold
12
Sales Volume $4,624,000
Average Sale Price
$385,333
Properties For Sale 37
Average Days on Market
108
Month’s Supply of Inventory 3.08
Average List Price
$595,394
$632,740
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
6
Valley Village
May 2012
May 2013
%Change
Median Price $600,000
$652,000
9
Properties Sold
15
Sales Volume $9,982,400
Average Sale Price
$665,493
Properties For Sale 62
Average Days on Market
70
Month’s Supply of Inventory 4.13
Average List Price
$615,332
10
-33
$6,953,000
-30
$695,300
4
38
-39
74
6
3.80
-8
$793,727
29
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Van Nuys
May 2012
May 2013
%Change
Median Price $307,500
$385,000
25
43
-7
$16,413,300
15
$381,705
23
55
-67
32
-57
1.28
-65
$393,375
20
Properties Sold
46
Sales Volume $14,257,948
Average Sale Price
$309,955
Properties For Sale 169
Average Days on Market
74
Month’s Supply of Inventory 3.67
Average List Price
$328,595
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
West Hills
May 2012
May 2013
%Change
Median Price $429,500
$550,000
28
57
36
$31,578,400
53
$554,007
13
90
-49
43
-48
1.58
-62
$560,051
11
Properties Sold
42
Sales Volume $20,593,100
Average Sale Price
$490,312
Properties For Sale 177
Average Days on Market
83
Month’s Supply of Inventory 4.21
Average List Price
$502,590
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Winnetka
May 2012
May 2013
%Change
Median Price $325,500
$407,500
25
33
-3
$13,378,125
20
$405,398
23
45
-62
36
-57
1.36
-61
$413,536
26
Properties Sold
34
Sales Volume $11,179,099
Average Sale Price
$328,797
Properties For Sale 119
Average Days on Market
84
Month’s Supply of Inventory 3.5
Average List Price
$329,354
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
Woodland Hills
May 2012
May 2013
%Change
Median Price $480,001
$624,500
30
79
14
$54,767,969
51
$702,153
34
178
-41
40
-47
2.25
-49
$836,049
25
Properties Sold
69
Sales Volume $36,237,600
Average Sale Price
$525,183
Properties For Sale 304
Average Days on Market
76
Month’s Supply of Inventory 4.41
Average List Price
$668,218
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoMarketReports.com
RODEO REALTY MARKETING DEPARTMENT