San Fernando Valley Area

RodeoMarketReports.com

Local Market Report

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.

Arleta

Burbank

Calabasas

Chatsworth Encino

Granada Hills

Hidden Hills

Lake Balboa

Mission Hills

North Hills

North Hollywood

Northridge

Pacoima

Reseda

San Fernando

Shadow Hills

Sherman Oaks

Studio City

Sun Valley

Sylmar

Tarzana

Toluca Lake

Valley Glen

Valley Village

Van Nuys

West Hills

Winnetka

Woodland Hills

Table of Contents

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

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Arleta

March 2012 March 2013 %Change

Median Price $255,500 $310,000 21

Properties Sold 20 13 -35

Sales Volume $4,999,150 $4,069,400 -19

Average Sale Price $249,958 $313,031 25

Properties For Sale 53 28 -47

Average Days on Market 100 38 -62

Month’s Supply of Inventory 2.65 2.15 -19

Average List Price $240,428 $312,633 30

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Burbank

March 2012 March 2013 %Change

Median Price $471,500 $570,000 21

Properties Sold 56 63 13

Sales Volume $28,079,477 $40,226,900 43

Average Sale Price $501,419 $638,522 27

Properties For Sale 169 80 -53

Average Days on Market 79 61 -23

Month’s Supply of Inventory 3.02 1.27 -58

Average List Price $613,439 $610,110 -1

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Calabasas

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $975,000 $1,060,000 9

Properties Sold 22 20 -9

Sales Volume $27,345,000 $23,044,400 -16

Average Sale Price $1,242,955 $1,152,220 -7

Properties For Sale 145 74 -49

Average Days on Market 103 75 -27

Month’s Supply of Inventory 6.59 3.70 -44

Average List Price $1,980,709 $1,705,331 -14

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Chatsworth

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $420,000 $440,000 5

Properties Sold 22 24 9

Sales Volume $10,830,775 $11,107,500 3

Average Sale Price $492,308 $462,813 -6

Properties For Sale 125 52 -58

Average Days on Market 98 70 -29

Month’s Supply of Inventory 5.68 2.17 -62

Average List Price $549,256 $562,617 19

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Encino

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $765,000 $805,000 5

Properties Sold 36 40 11

Sales Volume $34,678,260 $36,429,420 5

Average Sale Price $963,285 $910,736 -5

Properties For Sale 131 101 -23

Average Days on Market 72 45 -38

Month’s Supply of Inventory 3.64 2.53 -30

Average List Price $1,296,313 $1,312,285 1

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Granada Hills

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $403,500 $425,000 5

Properties Sold 38 45 18

Sales Volume $15,047,150 $21,456,540 43

Average Sale Price $395,978 $487,649 23

Properties For Sale 150 76 -49

Average Days on Market 109 36 -67

Month’s Supply of Inventory 3.95 1.69 -57

Average List Price $396,082 $485,358 23

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Hidden Hills

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $1,425,000 $2,712,500 90

Properties Sold 2 3 50

Sales Volume $5,525,000 $6,425,000 -2

Average Sale Price $1,841,667 $2,717,500 47

Properties For Sale 28 36 29

Average Days on Market 129 34 -74

Month’s Supply of Inventory 9.33 18 93

Average List Price $3,235,500 $2,745,849 -15

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Lake Balboa

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $297,000 $375,000 26

Properties Sold 7 11 57

Sales Volume $2,266,000 $4,251,900 88

Average Sale Price $323,714 $386,536 19

Properties For Sale 56 26 -54

Average Days on Market 72 19 -74

Month’s Supply of Inventory 8 2.36 -71

Average List Price $350,632 $425,517 21

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Mission Hills

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $299,000 $320,000 7

Properties Sold 13 11 -15

Sales Volume $3,849,500 $3,407,000 -11

Average Sale Price $296,115 $309,727 5

Properties For Sale 49 17 -65

Average Days on Market 44 18 -59

Month’s Supply of Inventory 3.77 1.55 -59

Average List Price $287,080 $360,289 26

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

North Hills

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $293,500 $385,000 31

Properties Sold 28 20 -29

Sales Volume $8,325,401 $7,671,000 -8

Average Sale Price $297,336 $383,550 29

Properties For Sale 93 28 -70

Average Days on Market 90 42 -53

Month’s Supply of Inventory 3.32 1.4 -58

Average List Price $314,326 $355,650 13

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

North Hollywood

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $289,950 $356,000 23

Properties Sold 38 37 -3

Sales Volume $11,350,100 $13,479,500 19

Average Sale Price $298,687 $364,311 22

Properties For Sale 182 70 -62

Average Days on Market 107 67 -37

Month’s Supply of Inventory 4.79 1.89 -61

Average List Price $303,960 $394,861 30

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Northridge

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $498,000 $514,500 3

Properties Sold 55 68 24

Sales Volume $27,794,650 $34,496,265 24

Average Sale Price $505,357 $507,298 0

Properties For Sale 238 100 -58

Average Days on Market 73 63 -14

Month’s Supply of Inventory 4.33 1.47 -66

Average List Price $507,217 $614,290 21

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Pacoima

March 2012 March 2013 %Change

Median Price $230,000 $265,000 15

Properties Sold 29 11 -62

Sales Volume $6,624,000 $2,719,000 -59

Average Sale Price $228,414 $247,182 8

Properties For Sale 101 33 -67

Average Days on Market 79 42 -47

Month’s Supply of Inventory 3.48 3 -14

Average List Price $231,900 $286,246 23

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Reseda

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $269,000 $326,750 21

Properties Sold 43 30 -30

Sales Volume $12,492,499 $9,569,000 -23

Average Sale Price $290,523 $318,967 10

Properties For Sale 155 45 -71

Average Days on Market 88 62 -30

Month’s Supply of Inventory 3.60 1.5 -58

Average List Price $305,446 $343,919 13

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

San Fernando

March 2012 March 2013 %Change

Median Price $235,000 $309,000 31

Properties Sold 15 15 0

Sales Volume $3,496,376 $4,355,500 25

Average Sale Price $233,092 $290,367 25

Properties For Sale 62 27 -56

Average Days on Market 103 42 -59

Month’s Supply of Inventory 4.13 1.8 -56

Average List Price $248,291 $270,358 9

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Shadow Hills

March 2012 March 2013 %Change

Median Price $469,500 $520,000 11

Properties Sold 2 5 150

Sales Volume $939,000 $2,555,800 172

Average Sale Price $469,500 $511,160 9

Properties For Sale 20 9 -55

Average Days on Market 60 167 178

Month’s Supply of Inventory 10 1.8 -82

Average List Price $1,375,271 $510,667 -63

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Sherman Oaks

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $640,000 $800,000 25

Properties Sold 49 44 -10

Sales Volume $34,946,649 $37,309,900 7

Average Sale Price $713,197 $847,952 19

Properties For Sale 190 134 -29

Average Days on Market 95 60 -37

Month’s Supply of Inventory 3.88 3.05 -21

Average List Price $846,945 $1,110,562 31

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Studio City

March 2012 March 2013 %Change

Median Price $740,500 $895,000 21

Properties Sold 25 28 12

Sales Volume $20,428,698 $32,818,400 61

Average Sale Price $817,148 $1,172,086 43

Properties For Sale 105 67 -36

Average Days on Market 90 102 13

Month’s Supply of Inventory 4.2 2.39 -43

Average List Price $1,032,699 $1,173,397 14

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Sun Valley

March 2012 March 2013 %Change

Median Price $275,000 $305,000 11

Properties Sold 23 19 -17

Sales Volume $6,418,800 $5,972,000 -7

Average Sale Price $279,078 $314,316 13

Properties For Sale 89 33 -63

Average Days on Market 73 60 -18

Month’s Supply of Inventory 3.87 1.74 -55

Average List Price $319,410 $419,097 31

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Sylmar

March 2012 March 2013 %Change

Median Price $270,600 $321,000 19

Properties Sold 54 51 -6

Sales Volume $15,022,983 $17,008,316 13

Average Sale Price $278,203 $333,496 20

Properties For Sale 251 58 -77

Average Days on Market 77 54 -30

Month’s Supply of Inventory 4.65 1.14 -75

Average List Price $296,820 $345,880 17

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Tarzana

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $565,000 $818,000 45

Properties Sold 17 26 53

Sales Volume $12,850,260 $25,167,999 96

Average Sale Price $755,898 $968,000 28

Properties For Sale 129 76 -41

Average Days on Market 96 83 -14

Month’s Supply of Inventory 7.59 2.92 -62

Average List Price $702,709 $842,843 20

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Toluca Lake

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $640,000 $950,000 48

Properties Sold 2 11 450

Sales Volume $1,280,000 $16,254,000 1170

Average Sale Price $640,000 $1,477,636 131

Properties For Sale 37 17 -54

Average Days on Market 19 48 153

Month’s Supply of Inventory 18.5 1.55 -92

Average List Price $1,514,846 $1,453,917 -6

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Valley Glen

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $348,250 $519,500 49

Properties Sold 8 16 100

Sales Volume $3,328,000 $8,134,850 144

Average Sale Price $416,000 $508,428 22

Properties For Sale 32 22 -31

Average Days on Market 59 42 -29

Month’s Supply of Inventory 4 1.38 -66

Average List Price $544,518 $606,968 11

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Valley Village

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $530,000 $675,000 27

Properties Sold 11 15 36

Sales Volume $6,784,000 $10,247,400 51

Average Sale Price $616,727 $683,160 11

Properties For Sale 48 19 -60

Average Days on Market 67 65 -3

Month’s Supply of Inventory 4.36 1.27 -71

Average List Price $735,641 $666,400 -9

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Van Nuys

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $295,000 $365,000 24

Properties Sold 51 50 -2

Sales Volume $15,516,399 $18,121,613 17

Average Sale Price $304,243 $362,432 19

Properties For Sale 172 57 -67

Average Days on Market 62 72 16

Month’s Supply of Inventory 3.37 1.14 -66

Average List Price $323,103 $416,583 29

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

West Hills

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $420,250 $467,000 11

Properties Sold 42 55 31

Sales Volume $18,326,050 $27,752,105 51

Average Sale Price $436,335 $504,584 16

Properties For Sale 140 87 -38

Average Days on Market 89 58 -35

Month’s Supply of Inventory 3.33 1.58 -53

Average List Price $470,764 $621,694 32

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Winnetka

March 2012 March 2013 %Change

Median Price $307,500 $379,000 23

Properties Sold 40 25 -38

Sales Volume $12,571,700 $9,047,500 -28

Average Sale Price $314,293 $361,900 15

Properties For Sale 97 41 -58

Average Days on Market 77 44 -43

Month’s Supply of Inventory 2.43 1.64 -33

Average List Price $338,505 $407,707 20

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Woodland Hills

Rodeo RealtyR o d e oM a r k e t R e p o r t s . c o m

March 2012 March 2013 %Change

Median Price $477,500 $587,500 23

Properties Sold 66 70 6

Sales Volume $34,978,380 $45,055,850 29

Average Sale Price $529,975 $643,655 21

Properties For Sale 230 138 -40

Average Days on Market 78 62 -21

Month’s Supply of Inventory 3.48 1.97 -43

Average List Price $580,100 $731,150 26

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

RODEO REALTY MARKETING DEPARTMENT