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
Dec 2011 Dec 2012 %Change
Median Price $270,000 $267,500 -1
Properties Sold 27 20 -26
Sales Volume $7,311,350 $5,390,797 -26
Average Sale Price $270,791 $269,540 0
Properties For Sale 80 29 -64
Average Days on Market 78 48 -38
Month’s Supply of Inventory 3 1.5 -51
Average List Price $270,336 $283,229 5
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
Dec 2011 Dec 2012 %Change
Median Price $484,000 $544,500 13
Properties Sold 37 58 57
Sales Volume $18,111,343 $33,466,500 85
Average Sale Price $489,496 $577,009 18
Properties For Sale 153 84 -45
Average Days on Market 77 51 -34
Month’s Supply of Inventory 4.1 1.5 -65
Average List Price $491,948 $548,271 11
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
Dec 2011 Dec 2012 %Change
Median Price $790,000 $805,000 2
Properties Sold 23 18 -22
Sales Volume $25,023,500 $19,795,940 -21
Average Sale Price $1,087,978 $1,099,774 1
Properties For Sale 126 70 -44
Average Days on Market 68 125 84
Month’s Supply of Inventory 5.5 3.9 -29
Average List Price $1,786,942 $1,658,187 -7
*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
Dec 2011 Dec 2012 %Change
Median Price $411,000 $441,400 7
Properties Sold 24 29 21
Sales Volume $12,142,717 $13,259,300 9
Average Sale Price $505,947 $457,217 -10
Properties For Sale 123 51 -59
Average Days on Market 92 52 -43
Month’s Supply of Inventory 5.1 1.8 -66
Average List Price $1,011,834 $703,918 -30
*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
Dec 2011 Dec 2012 %Change
Median Price $829,000 $572,500 -31
Properties Sold 21 38 81
Sales Volume $21,947,775 $37,598,750 71
Average Sale Price $1,045,132 $989,441 -5
Properties For Sale 150 94 -37
Average Days on Market 119 73 -39
Month’s Supply of Inventory 7.1 2.5 -65
Average List Price $1,154,240 $1,144,800 -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
Dec 2011 Dec 2012 %Change
Median Price $380,000 $425,000 12
Properties Sold 47 44 -6
Sales Volume $19,233,649 $18,753,222 -2
Average Sale Price $409,227 $426,210 4
Properties For Sale 155 71 -54
Average Days on Market 67 51 -24
Month’s Supply of Inventory 3.3 1.6 -51
Average List Price $440,861 $424,526 -4
*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
Dec 2011 Dec 2012 %Change
Median Price $1,775,000 $2,387,500 35
Properties Sold 5 4 -20
Sales Volume $8,260,000 $9,470,000 15
Average Sale Price $1,652,000 $2,367,500 43
Properties For Sale 25 20 -20
Average Days on Market 146 78 -47
Month’s Supply of Inventory 5 5 0
Average List Price $7,500,000 $3,981,667 -47
*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
Dec 2011 Dec 2012 %Change
Median Price $300,500 $389,000 29
Properties Sold 12 12 0
Sales Volume $3,712,500 $4,717,000 27
Average Sale Price $309,375 $393,083 27
Properties For Sale 39 25 -36
Average Days on Market 102 55 -46
Month’s Supply of Inventory 3.3 2.1 -36
Average List Price $347,667 $557,333 60
*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
Dec 2011 Dec 2012 %Change
Median Price $277,500 $325,000 17
Properties Sold 12 16 33
Sales Volume $3,444,900 $5,075,500 47
Average Sale Price $287,075 $317,219 11
Properties For Sale 53 10 -81
Average Days on Market 126 24 -81
Month’s Supply of Inventory 4.4 0.6 -86
Average List Price $286,091 $324,688 13
*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
Dec 2011 Dec 2012 %Change
Median Price $322,000 $355,000 10
Properties Sold 25 23 -8
Sales Volume $7,885,869 $7,744,549 -2
Average Sale Price $315,435 $336,720 7
Properties For Sale 98 39 -60
Average Days on Market 96 87 -9
Month’s Supply of Inventory 4 1.7 -57
Average List Price $348,870 $349,358 0
*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
Dec 2011 Dec 2012 %Change
Median Price $318,000 $310,000 -3
Properties Sold 51 39 -24
Sales Volume $16,400,340 $12,633,851 -23
Average Sale Price $321,575 $323,945 1
Properties For Sale 189 92 -51
Average Days on Market 79 52 -34
Month’s Supply of Inventory 3.7 2.4 -36
Average List Price $316,565 $352,520 11
*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
Dec 2011 Dec 2012 %Change
Median Price $435,750 $495,000 14
Properties Sold 64 73 14
Sales Volume $30,693,600 $37,061,862 21
Average Sale Price $479,599 $507,697 6
Properties For Sale 270 92 -66
Average Days on Market 83 63 -24
Month’s Supply of Inventory 4.2 1.3 -70
Average List Price $525,804 $499,384 -5
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Pacoima
Dec 2011 Dec 2012 %Change
Median Price $235,000 $285,950 22
Properties Sold 36 44 22
Sales Volume $8,182,750 $11,606,994 42
Average Sale Price $227,299 $263,795 16
Properties For Sale 117 35 -70
Average Days on Market 60 49 -18
Month’s Supply of Inventory 3.3 0.8 -75
Average List Price $221,208 $263,947 19
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
Dec 2011 Dec 2012 %Change
Median Price $290,000 $310,000 7
Properties Sold 45 37 -18
Sales Volume $13,832,800 $11,777,000 -15
Average Sale Price $307,396 $318,297 4
Properties For Sale 183 51 -72
Average Days on Market 79 72 -9
Month’s Supply of Inventory 4.1 1.4 -66
Average List Price $286,503 $350,061 22
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
San Fernando
Dec 2011 Dec 2012 %Change
Median Price $220,000 $265,000 20
Properties Sold 15 15 0
Sales Volume $3,421,159 $3,995,500 17
Average Sale Price $228,077 $266,367 17
Properties For Sale 57 19 -67
Average Days on Market 79 40 -49
Month’s Supply of Inventory 3.8 1.3 -67
Average List Price $245,372 $261,546 7
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
Dec 2011 Dec 2012 %Change
Median Price $731,250 $655,000 -10
Properties Sold 2 2 0
Sales Volume $1,462,500 $1,310,000 -10
Average Sale Price $731,250 $655,000 -10
Properties For Sale 18 15 -17
Average Days on Market 136 262 93
Month’s Supply of Inventory 9 7.5 -17
Average List Price $508,000 $875,000 72
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
Dec 2011 Dec 2012 %Change
Median Price $676,000 $716,750 6
Properties Sold 32 48 50
Sales Volume $26,837,800 $41,112,993 53
Average Sale Price $838,681 $856,521 2
Properties For Sale 180 112 -38
Average Days on Market 112 71 -37
Month’s Supply of Inventory 5.6 2.3 -59
Average List Price $739,354 $835,440 13
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Studio City
Dec 2011 Dec 2012 %Change
Median Price $766,500 $932,000 22
Properties Sold 26 30 15
Sales Volume $23,815,400 $41,068,000 72
Average Sale Price $915,977 $1,368,933 49
Properties For Sale 107 72 -33
Average Days on Market 82 55 -33
Month’s Supply of Inventory 4.1 2.4 -42
Average List Price $993,435 $1,565,796 58
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
Dec 2011 Dec 2012 %Change
Median Price $238,500 $285,000 19
Properties Sold 28 23 -18
Sales Volume $6,640,254 $7,249,900 9
Average Sale Price $237,152 $315,213 33
Properties For Sale 97 50 -48
Average Days on Market 75 64 -15
Month’s Supply of Inventory 3.5 2.2 -37
Average List Price $293,516 $329,883 12
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
Dec 2011 Dec 2012 %Change
Median Price $288,750 $327,000 13
Properties Sold 62 50 -19
Sales Volume $18,084,000 $16,267,893 -10
Average Sale Price $291,677 $325,358 12
Properties For Sale 239 85 -64
Average Days on Market 71 53 -25
Month’s Supply of Inventory 3.9 1.7 -56
Average List Price $281,773 $300,527 7
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
Dec 2011 Dec 2012 %Change
Median Price $758,500 $725,000 -4
Properties Sold 20 28 40
Sales Volume $18,084,900 $23,794,785 32
Average Sale Price $904,245 $849,814 -6
Properties For Sale 140 86 -39
Average Days on Market 109 82 -25
Month’s Supply of Inventory 7 3.1 -56
Average List Price $651,264 $883,822 36
*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
Dec 2011 Dec 2012 %Change
Median Price $660,000 $865,000 31
Properties Sold 4 8 100
Sales Volume $5,689,000 $11,671,000 105
Average Sale Price $1,422,250 $1,458,875 3
Properties For Sale 27 24 -11
Average Days on Market 98 149 52
Month’s Supply of Inventory 6.8 3 -56
Average List Price $599,375 $1,166,688 95
*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
Dec 2011 Dec 2012 %Change
Median Price $402,500 $507,500 26
Properties Sold 11 18 64
Sales Volume $4,480,000 $9,764,000 118
Average Sale Price $407,273 $542,444 33
Properties For Sale 38 16 -58
Average Days on Market 120 70 -42
Month’s Supply of Inventory 3.5 0.9 -74
Average List Price $456,678 $584,800 28
*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
Dec 2011 Dec 2012 %Change
Median Price $560,000 $600,000 7
Properties Sold 17 14 -18
Sales Volume $10,708,800 $8,784,000 -18
Average Sale Price $629,929 $627,429 0
Properties For Sale 41 29 -29
Average Days on Market 76 61 -20
Month’s Supply of Inventory 5 3 -40
Average List Price $580,475 $802,400 38
*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
Dec 2011 Dec 2012 %Change
Median Price $305,000 $310,500 2
Properties Sold 35 44 26
Sales Volume $10,849,900 $13,873,709 28
Average Sale Price $309,997 $315,312 2
Properties For Sale 159 65 -59
Average Days on Market 107 54 -50
Month’s Supply of Inventory 4.5 1.5 -67
Average List Price $308,642 $337,944 9
*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
Dec 2011 Dec 2012 %Change
Median Price $399,000 $439,500 10
Properties Sold 32 50 56
Sales Volume $12,929,926 $25,095,500 94
Average Sale Price $404,060 $501,910 24
Properties For Sale 156 84 -46
Average Days on Market 78 74 -5
Month’s Supply of Inventory 4.5 1.7 -66
Average List Price $454,424 $508,447 12
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Winnetka
Dec 2011 Dec 2012 %Change
Median Price $301,000 $352,000 17
Properties Sold 22 32 45
Sales Volume $6,788,250 $11,450,500 69
Average Sale Price $308,557 $357,828 16
Properties For Sale 109 39 -64
Average Days on Market 84 59 -30
Month’s Supply of Inventory 5 1.2 -75
Average List Price $333,865 $375,838 13
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
Dec 2011 Dec 2012 %Change
Median Price $480,000 $547,825 14
Properties Sold 54 64 19
Sales Volume $26,542,200 $39,764,450 50
Average Sale Price $500,796 $621,320 24
Properties For Sale 244 150 -39
Average Days on Market 92 70 -24
Month’s Supply of Inventory 4.5 2.3 -48
Average List Price $618,845 $667,627 8
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.