Local Market Report February 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
Rodeo Realty RodeoRE.com
19
Arleta
Feb. 2014
Median Price $330,000
Properties Sold
16
Sales Volume $5,372,400
Average Sale Price
$335,775
Properties For Sale 53
Average Days on Market
50
Months Supply of Inventory 3.31
Average List Price
$343,802
Feb. 2015
%Change
$352,500
7%
12
-25%
$4,197,800
-22%
$349,817 32
-40%
76
52%
2.67
-19%
$394,717
15%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
Bell Canyon
Feb. 2014
Median Price $970,000
Properties Sold
3
Sales Volume $2,955,000
Average Sale Price
n/a
Properties For Sale 26
Average Days on Market
47
Months Supply of Inventory 9
Average List Price
$1,496,413
Feb. 2015
%Change
$1,147,500
18%
4
33%
$4,860,000
64%
$1,569,000 28
8%
152
223%
7
-19%
$1,551,843
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
Burbank
Feb. 2014
Median Price $646,500
Properties Sold
38
Sales Volume $26,255,700
Average Sale Price
$690,939
Properties For Sale 126
Average Days on Market
54
Months Supply of Inventory 3.32
Average List Price
$758,486
Feb. 2015
%Change
$657,000
2%
30
-21%
$22,759,500
-13%
$758,650
10%
120
-5%
66
22%
4.00
20%
$786,977
4%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Calabasas
Feb. 2014
Median Price $940,000
Properties Sold
13
Sales Volume $14,721,275
Average Sale Price
$1,132,406
Properties For Sale 100
Average Days on Market
74
Months Supply of Inventory 7.69
Average List Price
$1,468,913
Feb. 2015
%Change
$1,027,500
9%
10
-23%
$11,245,500
-24%
$1,124,550
-1%
120
20%
187
153%
12.00
56%
$1,717,781
17%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Chatsworth
Feb. 2014
Median Price $535,000
Properties Sold
22
Sales Volume $14,336,000
Average Sale Price
$651,636
Properties For Sale 84
Average Days on Market
65
Months Supply of Inventory 3.82
Average List Price
$651,636
Feb. 2015
%Change
$530,000
-1%
22
0%
$13,006,300
-9%
$591,195
-9%
79
-6%
115
77%
3.59
-6%
$591,195
-9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Encino
Feb. 2014
Median Price $1,422,500
Properties Sold
20
Sales Volume $27,643,016
Average Sale Price
$1,382,151
Properties For Sale 117
Average Days on Market
81
Months Supply of Inventory 5.85
Average List Price
$1,342,598
Feb. 2015
%Change
$999,500
-30%
23
15%
$30,120,750
9%
$1,309,598
-5%
141
21%
75
-7%
6.13
5%
$1,579,720
18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Granada Hills
Feb. 2014
Median Price $515,000
Properties Sold
19
Sales Volume $10,735,949
Average Sale Price
$565,050
Properties For Sale 117
Average Days on Market
48
Months Supply of Inventory 6.16
Average List Price
$578,221
Feb. 2015
%Change
$557,500
8%
26
37%
$14,407,350
34%
$554,129
-2%
92
-21%
42
-13%
3.54
-43%
$648,853
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Hidden Hills
Feb. 2014
Median Price $2,450,000
Properties Sold
3
Sales Volume $6,900,000
Average Sale Price
$2,300,000
Properties For Sale 26
Average Days on Market
186
Months Supply of Inventory 8.67
Average List Price
$3,334,995
Feb. 2015
%Change
$2,675,000
9%
2
-33%
$5,350,000
-22%
$2,675,000
16%
30
15%
127
-32%
15.00
73%
$4,827,795
45%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Lake Balboa
Feb. 2014
Median Price $429,500
Properties Sold
10
Sales Volume $4,764,388
Average Sale Price
$476,439
Properties For Sale 30
Average Days on Market
51
Months Supply of Inventory 3.00
Average List Price
$468,999
Feb. 2015
%Change
$465,000
8%
9
-10%
$4,428,801
-7%
$492,089
3%
38
27%
65
27%
4.22
41%
$532,576
14%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Mission Hills
Feb. 2014
Median Price $335,700
Properties Sold
7
Sales Volume $2,546,700
Average Sale Price
$363,814
Properties For Sale 30
Average Days on Market
25
Months Supply of Inventory 4.29
Average List Price
$415,617
Feb. 2015
%Change
$420,000
25%
7
0%
$2,672,745
5%
$381,821
5%
18
-40%
57
128%
2.57
-40%
$443,141
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
7%
North Hills
Feb. 2014
Median Price $405,000
Properties Sold
17
Sales Volume $7,032,000
Average Sale Price
$413,647
Properties For Sale 47
Average Days on Market
56
Months Supply of Inventory 2.76
Average List Price
$440,868
Feb. 2015
%Change
$457,500
13%
20
18%
$8,740,000
24%
$437,000
6%
46
-2%
49
-13%
2.3
-17%
$494,033
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
North Hollywood
Feb. 2014
Median Price $430,000
Properties Sold
30
Sales Volume $13,500,400
Average Sale Price
$450,013
Properties For Sale 123
Average Days on Market
46
Months Supply of Inventory 4.10
Average List Price
$448,912
Feb. 2015
%Change
$450,000
5%
25
-17%
$11,582,311
-14%
$463,292 99
-20%
62
35%
3.96
-3%
$530,845
18%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
Northridge
Feb. 2014
Median Price $573,500
Properties Sold
32
Sales Volume $19,303,500
Average Sale Price
$603,234
Properties For Sale 176
Average Days on Market
81
Months Supply of Inventory 5.50
Average List Price
$682,653
Feb. 2015
%Change
$619,000
8%
39
22%
$25,027,790
30%
$641,738
6%
170
-3%
67
-17%
4.36
-21%
$702,819
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
3%
Pacoima
Feb. 2014
Median Price $325,000
Properties Sold
10
Sales Volume $3,043,900
Average Sale Price
$304,390
Properties For Sale 50
Average Days on Market
53
Months Supply of Inventory 5.00
Average List Price
$334,445
Feb. 2015
%Change
$329,000
1%
15
50%
$4,850,400
59%
$323,360
6%
38
-24%
46
-13%
2.53
-49%
$337,078
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
1%
Reseda
Feb. 2014
Median Price $413,500
Properties Sold
30
Sales Volume $12,696,850
Average Sale Price
$423,228
Properties For Sale 88
Average Days on Market
94
Months Supply of Inventory 2.93
Average List Price
$416,282
Feb. 2015
%Change
$416,500
1%
25
-17%
$11,170,000
-12%
$446,800 54
-39%
$76
-19%
2.16
-26%
$424,569
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
6%
2%
San Fernando
Feb. 2014
Median Price $302,000
Properties Sold
9
Sales Volume $2,856,000
Average Sale Price
$317,333
Properties For Sale 35
Average Days on Market
43
Months Supply of Inventory 3.89
Average List Price
$370,760
Feb. 2015
%Change
$347,500
15%
12
33%
$4,298,400
51%
$358,200
13%
31
-11%
$55
28%
2.58
-34%
$348,627
-6%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Shadow Hills
Feb. 2014
Median Price $945,000
Properties Sold
1
Sales Volume $945,000
Average Sale Price
$945,000
Properties For Sale 10
Average Days on Market
2
Months Supply of Inventory 10.00
Average List Price
$755,111
Feb. 2015
%Change
$673,000
-29%
2
40%
$1,346,000
42%
$673,000
-29%
14
40%
76
3700%
7.00
-30%
$1,109,580
47%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sherman Oaks
Feb. 2014
Median Price $895,000
Properties Sold
39
Sales Volume $40,453,500
Average Sale Price
$1,037,269
Properties For Sale 148
Average Days on Market
63
Months Supply of Inventory 3.79
Average List Price
$1,033,696
Feb. 2015
%Change
$935,000
4%
37
-5%
$39,431,899
-3%
$1,065,727
3%
137
-7%
71
13%
3.70
-2%
$1,235,142
19%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Studio City
Feb. 2014
Median Price $1,150,000
Properties Sold
13
Sales Volume $15,327,000
Average Sale Price
$1,179,000
Properties For Sale 101
Average Days on Market
52
Months Supply of Inventory 7.77
Average List Price
$1,608,261
Feb. 2015
%Change
$1,335,000
16%
16
23%
$20,542,250
34%
$1,283,891
9%
86
-15%
62
19%
5.38
-31%
$1,643,022
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
2%
Sun Valley
Feb. 2014
Median Price $440,000
Properties Sold
9
Sales Volume $4,125,000
Average Sale Price
$458,333
Properties For Sale 57
Average Days on Market
39
Months Supply of Inventory 6.33
Average List Price
$396,467
Feb. 2015
%Change
$500,000
14%
12
33%
$6,541,900
59%
$545,158
19%
53
-7%
85
118%
4.42
-30%
$456,330
15%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Sylmar
Feb. 2014
Median Price $365,000
Properties Sold
35
Sales Volume $13,264,999
Average Sale Price
$379,000
Properties For Sale 112
Average Days on Market
74
Months Supply of Inventory 3.20
Average List Price
$401,092
Feb. 2015
%Change
$385,000
5%
25
-29%
$9,521,750
-28%
$380,870 98
-13%
50
-32%
3.92
23%
$432,868
8%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
0%
Tarzana
Feb. 2014
Median Price $705,000
Properties Sold
16
Sales Volume $13,097,900
Average Sale Price
$818,619
Properties For Sale 97
Average Days on Market
65
Months Supply of Inventory 6.06
Average List Price
$997,238
Feb. 2015
%Change
$790,000
12%
19
19%
$16,483,300
26%
$867,542
6%
101
4%
92
42%
5.32
-12%
$1,266,856
27%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Toluca Lake
Feb. 2014
Median Price $739,500
Properties Sold
4
Sales Volume $3,191,800
Average Sale Price
$797,950
Properties For Sale 18
Average Days on Market
42
Months Supply of Inventory 4.50
Average List Price
$1,445,000
Feb. 2015
%Change
$880,000
19%
5
25%
$6,145,000
93%
$1,229,000
54%
22
22%
88
110%
4.40
-2%
$1,334,453
-8%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Glen
Feb. 2014
Median Price $569,900
Properties Sold
7
Sales Volume $4,244,900
Average Sale Price
$606,414
Properties For Sale 36
Average Days on Market
72
Months Supply of Inventory 5.14
Average List Price
$640,718
Feb. 2015
%Change
$600,000
5%
17
143%
$10,812,500
155%
$636,029
5%
44
22%
70
-3%
2.59
-50%
$748,434
17%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Valley Village
Feb. 2014
Median Price $659,750
Properties Sold
6
Sales Volume $4,424,500
Average Sale Price
$737,417
Properties For Sale 25
Average Days on Market
121
Months Supply of Inventory 4.17
Average List Price
$865,091
Feb. 2015
%Change
$823,000
25%
8
33%
$7,731,000
75%
$966,375
31%
22
-12%
64
-47%
2.75
-34%
$1,078,273
25%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Van Nuys
Feb. 2014
Median Price $399,000
Properties Sold
15
Sales Volume $6,444,500
Average Sale Price
$429,633
Properties For Sale 80
Average Days on Market
38
Months Supply of Inventory 5.33
Average List Price
$458,986
Feb. 2015
%Change
$425,000
7%
23
53%
$10,029,490
56%
$436,065
1%
81
1%
85
124%
5.52
4%
$500,247
9%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
West Hills
Feb. 2014
Median Price $549,000
Properties Sold
25
Sales Volume $15,513,650
Average Sale Price
$620,546
Properties For Sale 104
Average Days on Market
73
Months Supply of Inventory 4.16
Average List Price
$647,181
Feb. 2015
%Change
$559,444
2%
28
12%
$16,525,922
7%
$590,212
-5%
116
12%
56
-23%
4.14
0%
$680,235
5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Winnetka
Feb. 2014
Median Price $410,000
Properties Sold
17
Sales Volume $6,748,800
Average Sale Price
$396,988
Properties For Sale 79
Average Days on Market
64
Months Supply of Inventory 4.65
Average List Price
$438,097
Feb. 2015
%Change
$437,500
7%
16
-6%
$7,521,900
11%
$470,119
18%
61
-23%
57
-11%
3.81
-18%
$496,823
13%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Woodland Hills
Feb. 2014
Median Price $665,000
Properties Sold
33
Sales Volume $22,700,549
Average Sale Price
$687,895
Properties For Sale 190
Average Days on Market
63
Months Supply of Inventory 5.76
Average List Price
$793,336
Feb. 2015
%Change
$700,000
5%
43
30%
$29,947,000
32%
$696,442
1%
205
8%
81
29%
4.77
-17%
$825,992
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
4%
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