Local Market Report April 2015
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.
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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
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19
Arleta
April 2014
Median Price $360,400
Properties Sold
14
Sales Volume $4,928,300
Average Sale Price
$352,021
Properties For Sale 58
Average Days on Market
48
Months Supply of Inventory 4.14
Average List Price
$328,402
April 2015
%Change
$387,500
8%
20
43%
$7,475,000
52%
$373,750
6%
18
-69%
52
8%
0.9
-78%
$374,093
14%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Bell Canyon
April 2014
Median Price $964,000
Properties Sold
6
Sales Volume $5,843,000
Average Sale Price
$973,833
Properties For Sale 28
Average Days on Market
158
Months Supply of Inventory 4.67
Average List Price
$1,251,714
April 2015
%Change
$1,580,000
64%
5
-17%
$7,265,000
24%
$1,453,000
49%
30
7%
146
-8%
6
28%
$1,661,680
33%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Burbank
April 2014
Median Price $580,000
Properties Sold
72
Sales Volume $46,031,522
Average Sale Price
$639,327
Properties For Sale 151
Average Days on Market
49
Months Supply of Inventory 2.1
Average List Price
$645,871
April 2015
%Change
$630,000
9%
77
7%
$54,285,330
18%
$705,004
10%
161
7%
59
20%
2.09
0%
$717,772
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
April 2014
Median Price $802,500
Properties Sold
28
Sales Volume $35,672,000
Average Sale Price
$1,274,000
Properties For Sale 141
Average Days on Market
81
Months Supply of Inventory 5.04
Average List Price
$1,503,417
April 2015
%Change
$899,750
12%
28
0%
$30,869,530
-13%
$1,102,483
-13%
146
4%
56
-31%
5.21
3%
$1,660,042
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Chatsworth
April 2014
Median Price $460,500
Properties Sold
34
Sales Volume $20,360,085
Average Sale Price
$598,826
Properties For Sale 119
Average Days on Market
66
Months Supply of Inventory 3.5
Average List Price
$602,365
April 2015
%Change
$531,975
16%
40
18%
$24,445,600
20%
$611,140
2%
128
8%
51
-23%
3.20
-9%
$660,770
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
April 2014
Median Price $585,375
Properties Sold
61
Sales Volume $49,415,251
Average Sale Price
$810,086
Properties For Sale 240
Average Days on Market
48
Months Supply of Inventory 3.93
Average List Price
$982,102
April 2015
%Change
$869,000
48%
71
16%
$70,329,876
42%
$990,562
22%
218
-9%
54
13%
3.07
-22%
$1,262,058
29%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
April 2014
Median Price $492,500
Properties Sold
44
Sales Volume $22,344,850
Average Sale Price
$507,838
Properties For Sale 135
Average Days on Market
58
Months Supply of Inventory 3.07
Average List Price
$564,546
April 2015
%Change
$510,000
4%
46
5%
$24,349,100
9%
$529,328
4%
103
-24%
55
-5%
2.24
-27%
$605,631
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
7%
Hidden Hills
April 2014
April 2015
%Change
$4,759,000
132%
4
-20%
$18,168,000
16%
$4,542,000
45%
30
3%
76
153
101%
Months Supply of Inventory 5.8
7.5
29%
$7,074,889
110%
Median Price $2,050,000
Properties Sold
5
Sales Volume $15,645,000
Average Sale Price
$3,129,000
Properties For Sale 29
Average Days on Market
Average List Price
$3,372,167
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Lake Balboa
April 2014
Median Price $434,000
Properties Sold
21
Sales Volume $9,242,650
Average Sale Price
$440,126
Properties For Sale 61
Average Days on Market
63
Months Supply of Inventory 2.9
Average List Price
$451,853
April 2015
%Change
$418,500
-4%
22
5%
$9,295,900
1%
$422,541
-4%
62
2%
51
-19%
2.82
-3%
$502,154
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Mission Hills
April 2014
Median Price $395,000
Properties Sold
17
Sales Volume $6,469,231
Average Sale Price
$380,543
Properties For Sale 29
Average Days on Market
37
Months Supply of Inventory 1.71
Average List Price
$366,109
April 2015
%Change
$433,000
10%
13
-24%
$4,972,500
-23%
$382,500 24
-17%
36
-3%
1.85
8%
$399,487
9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
1%
North Hills
April 2014
Median Price $399,000
Properties Sold
31
Sales Volume $11,763,000
Average Sale Price
$379,452
Properties For Sale 106
Average Days on Market
59
Months Supply of Inventory 3.42
Average List Price
$380,749
April 2015
%Change
$441,000
11%
32
3%
$9,473,200 $411,878
9%
56
-47%
55
-7%
2.43
-29%
$414,736
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-19%
9%
North Hollywood
April 2014
Median Price $405,000
Properties Sold
61
Sales Volume $24,681,175
Average Sale Price
$404,609
Properties For Sale 156
Average Days on Market
54
Months Supply of Inventory 2.56
Average List Price
$458,512
April 2015
%Change
$425,000
5%
59
-3%
$25,925,200
5%
$439,410
9%
117
-25%
55
2%
1.98 $500,476
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-23% 9%
Northridge
April 2014
Median Price $530,000
Properties Sold
78
Sales Volume $44,803,938
Average Sale Price
$574,409
Properties For Sale 284
Average Days on Market
54
Months Supply of Inventory 3.64
Average List Price
$623,680
April 2015
%Change
$580,000
9%
99
27%
$62,567,925
40%
$631,999
10%
247
-13%
55
2%
2.49 $659,646
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-32% 6%
Pacoima
April 2014
Median Price $295,000
Properties Sold
22
Sales Volume $6,113,000
Average Sale Price
$277,864
Properties For Sale 76
Average Days on Market
43
Months Supply of Inventory 3.45
Average List Price
$304,807
April 2015
%Change
$350,000
19%
26
18%
$8,687,275
42%
$334,126
20%
59
-22%
47
9%
2.27 $307,736
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
-34% 1%
Reseda
April 2014
Median Price $387,000
Properties Sold
36
Sales Volume $13,308,199
Average Sale Price
$369,672
Properties For Sale 136
Average Days on Market
53
Months Supply of Inventory 3.78
Average List Price
$386,409
April 2015
%Change
$412,500
7%
48
33%
$18,416,799
38%
$383,683
4%
104
-24%
66
25%
2.17
-43%
$425,750
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
San Fernando
April 2014
Median Price $337,250
Properties Sold
17
Sales Volume $5,734,500
Average Sale Price
$337,324
Properties For Sale 33
Average Days on Market
50
Months Supply of Inventory 1.94
Average List Price
$326,694
April 2015
%Change
$367,000
9%
14
-18%
$4,844,000
-16%
$346,000
3%
37
12%
84
68%
2.64
36%
$369,692
13%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
April 2014
Median Price $630,000
Properties Sold
3
Sales Volume $2,255,000
Average Sale Price
$751,667
Properties For Sale 23
Average Days on Market
61
Months Supply of Inventory 7.67
Average List Price
$986,225
April 2015
%Change
$773,000
23%
9
200%
$8,190,120
263%
$910,013
21%
15
-35%
98
61%
1.67
-78%
$1,167,999
18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
April 2014
Median Price $742,500
Properties Sold
86
Sales Volume $73,865,931
Average Sale Price
$858,906
Properties For Sale 272
Average Days on Market
47
Months Supply of Inventory 3.16
Average List Price
$927,628
April 2015
%Change
$741,500
0%
96
12%
$95,077,910
29%
$990,395
15%
246
-10%
45
-4%
2.56
-19%
$1,046,025
13%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
April 2014
Median Price $898,500
Properties Sold
38
Sales Volume $40,376,000
Average Sale Price
$1,062,526
Properties For Sale 178
Average Days on Market
60
Months Supply of Inventory 4.68
Average List Price
$1,323,212
April 2015
%Change
$1,030,000
15%
52
37%
$58,079,572
44%
$1,116,915
5%
139
-22%
50
-17%
2.67
-43%
$1,270,028
-4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sun Valley
April 2014
Median Price $377,000
Properties Sold
24
Sales Volume $8,612,500
Average Sale Price
$358,854
Properties For Sale 77
Average Days on Market
79
Months Supply of Inventory 3.21
Average List Price
$397,705
April 2015
%Change
$424,500
13%
22
-8%
$10,457,500
21%
$475,341
32%
55
-29%
66
-16%
2.5
-22%
$505,452
27%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
April 2014
Median Price $377,950
Properties Sold
60
Sales Volume $22,050,950
Average Sale Price
$367,516
Properties For Sale 183
Average Days on Market
46
Months Supply of Inventory 3.05
Average List Price
$378,074
April 2015
%Change
$361,000
-4%
60
0%
$22,234,350
1%
$370,573
1%
134
-27%
61
33%
2.23
-27%
$358,334
-5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Tarzana
April 2014
Median Price $772,500
Properties Sold
40
Sales Volume $34,495,600
Average Sale Price
$862,390
Properties For Sale 157
Average Days on Market
70
Months Supply of Inventory 3.93
Average List Price
$845,684
April 2015
%Change
$399,000
-48%
55
38%
$34,069,850
-1%
$619,452
-28%
149
-5%
56
-20%
2.71
-31%
$931,788
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
April 2014
Median Price $720,000
Properties Sold
14
Sales Volume $14,666,500
Average Sale Price
$1,047,607
Properties For Sale 28
Average Days on Market
60
Months Supply of Inventory 2
Average List Price
$1,175,400
April 2015
%Change
$865,593
20%
10
-29%
$9,297,685
-37%
$929,769
-11%
43
54%
46
-23%
4.3
115%
$1,184,724
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
1%
Valley Glen
April 2014
Median Price $600,000
Properties Sold
17
Sales Volume $9,970,900
Average Sale Price
$586,524
Properties For Sale 50
Average Days on Market
33
Months Supply of Inventory 2.94
Average List Price
$709,973
April 2015
%Change
$503,000
-16%
17 $9,015,100
-10%
$530,300
-10%
52
4%
58
76%
3.06
4%
$649,337
-9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
0%
Valley Village
April 2014
Median Price $665,000
Properties Sold
15
Sales Volume $9,767,200
Average Sale Price
$651,147
Properties For Sale 63
Average Days on Market
70
Months Supply of Inventory 4.2
Average List Price
$577,093
April 2015
%Change
$720,000
8%
23
53%
$18,762,600
92%
$815,765
25%
31
-51%
41
-41%
1.35
-68%
$960,307
66%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
April 2014
Median Price $425,000
Properties Sold
33
Sales Volume $12,628,750
Average Sale Price
$382,689
Properties For Sale 122
Average Days on Market
46
Months Supply of Inventory 3.7
Average List Price
$352,229
April 2015
%Change
$358,250
-16%
38
15%
$14,413,889
14%
$379,313
-1%
104
-15%
48
4%
2.74
-26%
$503,218
43%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
April 2014
Median Price $533,000
Properties Sold
52
Sales Volume $29,305,348
Average Sale Price
$563,564
Properties For Sale 120
Average Days on Market
46
Months Supply of Inventory 2.31
Average List Price
$591,375
April 2015
%Change
$554,000
4%
61
17%
$36,507,491
25%
$598,483
6%
135
13%
56
22%
2.21
-4%
$693,103
17%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
April 2014
Median Price $405,000
Properties Sold
37
Sales Volume $14,490,606
Average Sale Price
$391,638
Properties For Sale 128
Average Days on Market
50
Months Supply of Inventory 3.46
Average List Price
$427,598
April 2015
%Change
$432,500
7%
38
3%
$15,468,250
7%
$407,059
4%
83
-35%
70
40%
2.18
-37%
$462,876
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
8%
Woodland Hills
April 2014
Median Price $595,000
Properties Sold
83
Sales Volume $54,716,450
Average Sale Price
$659,234
Properties For Sale 297
Average Days on Market
53
Months Supply of Inventory 3.58
Average List Price
$697,024
April 2015
%Change
$625,000
5%
81
-2%
$53,522,100
-2%
$660,767
0%
264
-11%
66
25%
3.26
-9%
$761,296
9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
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