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

Nov 2011 Nov 2012 %Change

Median Price $250,000 $267,500 7

Properties Sold 25 16 -36

Sales Volume $6,400,299 $4,431,000 -31

Average Sale Price $256,012 $276,938 8

Properties For Sale 87 32 -63

Average Days on Market 74 37 -50

Month’s Supply of Inventory 3.5 2 -43

Average List Price $257,258 $291,923 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.

Burbank

Nov 2011 Nov 2012 %Change

Median Price $460,000 $509,500 11

Properties Sold 47 46 -2

Sales Volume $22,358,490 $26,064,344 17

Average Sale Price $475,713 $566,616 19

Properties For Sale 191 117 -39

Average Days on Market 60 66 10

Month’s Supply of Inventory 4.1 2.6 -37

Average List Price $544,521 $710,453 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.

Calabasas

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

Nov 2011 Nov 2012 %Change

Median Price $1,050,000 $942,500 -10

Properties Sold 17 22 29

Sales Volume $19,426,500 $32,633,875 68

Average Sale Price $1,142,735 $1,483,358 30

Properties For Sale 151 86 -43

Average Days on Market 132 115 -13

Month’s Supply of Inventory 8.9 3.9 -56

Average List Price $1,596,602 $1,486,778 -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

Nov 2011 Nov 2012 %Change

Median Price $397,500 $492,000 24

Properties Sold 24 20 -17

Sales Volume $10,525,162 $10,391,000 -1

Average Sale Price $438,548 $519,550 18

Properties For Sale 132 68 -48

Average Days on Market 133 76 -43

Month’s Supply of Inventory 5.5 3.4 -38

Average List Price $645,575 $485,558 -25

*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

Nov 2011 Nov 2012 %Change

Median Price $817,500 $665,000 -19

Properties Sold 38 39 3

Sales Volume $32,381,055 $30,861,250 -5

Average Sale Price $852,133 $791,314 -7

Properties For Sale 160 117 -27

Average Days on Market 118 52 -56

Month’s Supply of Inventory 4.2 3 -29

Average List Price $931,726 $1,392,998 50

*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

Nov 2011 Nov 2012 %Change

Median Price $399,500 $400,000 0

Properties Sold 38 47 24

Sales Volume $15,629,976 $20,852,175 33

Average Sale Price $411,315 $443,663 8

Properties For Sale 195 91 -53

Average Days on Market 97 59 -39

Month’s Supply of Inventory 5.1 1.9 -62

Average List Price $389,849 $465,854 19

*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

Nov 2011 Nov 2012 %Change

Median Price $1,660,000 $2,110,000 27

Properties Sold 4 2 -50

Sales Volume $7,907,500 $4,220,000 -47

Average Sale Price $1,976,875 $2,110,000 7

Properties For Sale 28 23 -18

Average Days on Market 220 139 -37

Month’s Supply of Inventory 7 11.5 64

Average List Price $3,048,857 $2,395,000 -21

*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

Nov 2011 Nov 2012 %Change

Median Price $363,000 $390,500 8

Properties Sold 10 12 20

Sales Volume $3,711,000 $4,528,300 22

Average Sale Price $371,100 $377,358 2

Properties For Sale 48 28 -42

Average Days on Market 40 48 20

Month’s Supply of Inventory 4.8 2.3 -51

Average List Price $363,594 $479,204 32

*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

Nov 2011 Nov 2012 %Change

Median Price $275,000 $302,500 10

Properties Sold 17 18 6

Sales Volume $4,590,000 $5,570,000 21

Average Sale Price $270,000 $309,444 15

Properties For Sale 54 23 -57

Average Days on Market 113 29 -74

Month’s Supply of Inventory 3.2 1.3 -60

Average List Price $330,950 $312,033 -6

*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

Nov 2011 Nov 2012 %Change

Median Price $312,000 $375,000 20

Properties Sold 24 32 33

Sales Volume $7,560,474 $11,422,750 51

Average Sale Price $315,020 $356,961 13

Properties For Sale 108 49 -55

Average Days on Market 49 34 -31

Month’s Supply of Inventory 4.5 1.5 -66

Average List Price $314,841 $386,448 23

*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

Nov 2011 Nov 2012 %Change

Median Price $316,000 $325,000 3

Properties Sold 42 43 2

Sales Volume $13,752,300 $14,777,405 7

Average Sale Price $327,436 $343,661 5

Properties For Sale 222 105 -53

Average Days on Market 70 65 -7

Month’s Supply of Inventory 5.3 2.4 -54

Average List Price $316,466 $357,685 13

*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

Nov 2011 Nov 2012 %Change

Median Price $475,000 $500,000 5

Properties Sold 57 59 4

Sales Volume $27,856,161 $31,282,200 12

Average Sale Price $488,705 $530,207 8

Properties For Sale 280 141 -50

Average Days on Market 92 70 -24

Month’s Supply of Inventory 4.9 2.4 -51

Average List Price $487,020 $507,465 4

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

Pacoima

Nov 2011 Nov 2012 %Change

Median Price $229,500 $259,500 13

Properties Sold 22 22 0

Sales Volume $4,781,000 $5,606,000 17

Average Sale Price $217,318 $254,818 17

Properties For Sale 121 50 -59

Average Days on Market 64 47 -27

Month’s Supply of Inventory 5.5 2.3 -59

Average List Price $228,381 $234,932 3

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

Nov 2011 Nov 2012 %Change

Median Price $269,000 $343,000 28

Properties Sold 49 39 -20

Sales Volume $14,371,395 $13,386,274 -7

Average Sale Price $293,294 $343,238 17

Properties For Sale 193 71 -63

Average Days on Market 97 49 -49

Month’s Supply of Inventory 3.9 1.8 -54

Average List Price $337,015 $322,334 -4

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

San Fernando

Nov 2011 Nov 2012 %Change

Median Price $225,000 $267,500 19

Properties Sold 7 16 129

Sales Volume $1,651,079 $4,301,400 161

Average Sale Price $235,868 $268,838 14

Properties For Sale 60 24 -60

Average Days on Market 65 45 -31

Month’s Supply of Inventory 8.6 1.5 -82

Average List Price $239,308 $291,511 22

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

Nov 2011 Nov 2012 %Change

Median Price $500,000 $478,000 -4

Properties Sold 1 1 0

Sales Volume $500,000 $478,000 -4

Average Sale Price $500,000 $478,000 -4

Properties For Sale 20 19 -5

Average Days on Market 66 129 95

Month’s Supply of Inventory 20 19 -5

Average List Price $499,000 $606,000 21

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

Nov 2011 Nov 2012 %Change

Median Price $590,000 $617,000 5

Properties Sold 35 50 43

Sales Volume $26,802,500 $38,502,699 44

Average Sale Price $765,786 $770,054 1

Properties For Sale 200 150 -25

Average Days on Market 94 70 -26

Month’s Supply of Inventory 5.7 3 -47

Average List Price $797,706 $896,729 12

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

Studio City

Nov 2011 Nov 2012 %Change

Median Price $698,750 $977,000 40

Properties Sold 18 21 17

Sales Volume $13,516,037 $23,166,950 71

Average Sale Price $750,891 $1,103,188 47

Properties For Sale 108 86 -20

Average Days on Market 92 60 -35

Month’s Supply of Inventory 6 4.1 -32

Average List Price $902,781 $1,359,124 51

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

Nov 2011 Nov 2012 %Change

Median Price $278,750 $270,000 -3

Properties Sold 20 21 5

Sales Volume $5,587,900 $6,627,000 19

Average Sale Price $279,395 $315,571 13

Properties For Sale 102 48 -53

Average Days on Market 91 46 -49

Month’s Supply of Inventory 5.1 2.3 -55

Average List Price $275,634 $343,429 25

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

Nov 2011 Nov 2012 %Change

Median Price $307,250 $300,000 -2

Properties Sold 52 44 -15

Sales Volume $17,386,600 $15,960,399 -8

Average Sale Price $334,358 $362,736 8

Properties For Sale 264 105 -60

Average Days on Market 65 81 25

Month’s Supply of Inventory 5.1 2.4 -53

Average List Price $285,576 $337,296 18

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

Nov 2011 Nov 2012 %Change

Median Price $565,000 $737,500 31

Properties Sold 19 31 63

Sales Volume $14,726,632 $27,320,500 86

Average Sale Price $775,086 $910,683 17

Properties For Sale 155 104 -33

Average Days on Market 75 63 -16

Month’s Supply of Inventory 8.2 3.4 -59

Average List Price $727,494 $967,086 33

*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

Nov 2011 Nov 2012 %Change

Median Price $880,000 $1,250,000 42

Properties Sold 3 8 167

Sales Volume $6,778,500 $12,618,000 86

Average Sale Price $2,259,500 $1,577,250 -30

Properties For Sale 26 29 12

Average Days on Market 239 76 -68

Month’s Supply of Inventory 8.7 3.6 -58

Average List Price $1,450,400 $1,355,725 -7

*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

Nov 2011 Nov 2012 %Change

Median Price $379,000 $515,500 36

Properties Sold 10 12 20

Sales Volume $3,654,500 $6,394,000 75

Average Sale Price $365,450 $532,833 46

Properties For Sale 38 24 -37

Average Days on Market 98 36 -63

Month’s Supply of Inventory 3.8 2 -47

Average List Price $509,531 $564,720 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

Nov 2011 Nov 2012 %Change

Median Price $521,750 $739,000 42

Properties Sold 10 13 30

Sales Volume $5,892,500 $10,199,173 73

Average Sale Price $589,250 $784,552 33

Properties For Sale 50 39 -22

Average Days on Market 84 27 -68

Month’s Supply of Inventory 5 3 -40

Average List Price $677,697 $700,717 3

*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

Nov 2011 Nov 2012 %Change

Median Price $317,950 $320,000 1

Properties Sold 38 37 -3

Sales Volume $12,616,921 $12,915,399 2

Average Sale Price $332,024 $349,065 5

Properties For Sale 189 93 -51

Average Days on Market 81 56 -31

Month’s Supply of Inventory 5 2.5 -49

Average List Price $317,723 $327,635 3

*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

Nov 2011 Nov 2012 %Change

Median Price $401,800 $460,000 14

Properties Sold 29 51 76

Sales Volume $13,040,450 $25,687,180 97

Average Sale Price $449,671 $503,670 12

Properties For Sale 162 107 -34

Average Days on Market 60 73 22

Month’s Supply of Inventory 5.6 2.1 -62

Average List Price $489,432 $487,104 0

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

Winnetka

Nov 2011 Nov 2012 %Change

Median Price $315,000 $315,000 0

Properties Sold 17 33 94

Sales Volume $5,337,099 $10,896,500 104

Average Sale Price $313,947 $330,197 5

Properties For Sale 123 50 -59

Average Days on Market 63 60 -5

Month’s Supply of Inventory 7.2 1.5 -79

Average List Price $307,296 $352,220 15

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

Nov 2011 Nov 2012 %Change

Median Price $533,000 $519,700 -2

Properties Sold 48 56 17

Sales Volume $27,715,616 $32,296,390 17

Average Sale Price $577,409 $576,721 0

Properties For Sale 251 193 -23

Average Days on Market 74 66 -11

Month’s Supply of Inventory 5.2 3.5 -34

Average List Price $605,039 $705,180 17

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

RODEO REALTY MARKETING DEPARTMENT