rodeo realty san fernando valley local market report--february 2014
DESCRIPTION
Rodeo Realty San Fernando Valley Local Market Report--February 2014 with median prices broken out by neighborhood and year-over-year data.TRANSCRIPT
San Fernando Valley Area
RodeoRE.com
Local Market ReportFebruary 2014
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
Bell Canyon
Burbank
Calabasas
Chatsworth Encino
Granada Hills
Hidden Hills
Lake Balboa
Mission Hills
North Hills
North Hollywood
Northridge
Pacoima
Reseda
San Fernando
Santa Clarita
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 o R E . c om
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Arleta
Feb. 2013 Feb. 2014 %Change
Median Price $299,000 $325,000 9
Properties Sold 20 17 -15
Sales Volume $6,055,900 $5,612,400 -7
Average Sale Price $302,795 $330,141 9
Properties For Sale 41 36 -12
Average Days on Market 54 48 -11
Month’s Supply of Inventory 2.05 2.12 3
Average List Price $324,735 $342,348 5
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Bell Canyon
Feb. 2013 Feb. 2014 %Change
Median Price $861,500 $970,000 13
Properties Sold 4 3 -25
Sales Volume $3,783,000 $2,995,000 -22
Average Sale Price $945,750 $985,000 4
Properties For Sale 20 25 25
Average Days on Market 279 47 -83
Month’s Supply of Inventory 5.00 8.33 67
Average List Price $1,412,250 $1,632,625 16
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Burbank
Feb. 2013 Feb. 2014 %Change
Median Price $527,750 $638,000 21
Properties Sold 44 39 -11
Sales Volume $23,409,526 $26,705,700 14
Average Sale Price $532,035 $684,762 29
Properties For Sale 110 104 -5
Average Days on Market 51 52 2
Month’s Supply of Inventory 2.50 2.67 7
Average List Price $726,192 $770,851 6
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Calabasas
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $1,195,000 $940,000 -21
Properties Sold 17 13 -24
Sales Volume $22,522,888 $14,721,275 -35
Average Sale Price $1,324,876 $1,132,406 -15
Properties For Sale 73 88 21
Average Days on Market 126 74 -41
Month’s Supply of Inventory 4.29 6.77 58
Average List Price $1,646,161 $1,495,842 -9
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Chatsworth
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $430,000 $530,000 23
Properties Sold 18 23 28
Sales Volume $8,718,500 $14,701,000 69
Average Sale Price $484,361 $639,174 32
Properties For Sale 65 73 12
Average Days on Market 56 62 11
Month’s Supply of Inventory 3.61 3.17 -12
Average List Price $570,979 $632,703 11
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Encino
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $935,000 $1,422,500 52
Properties Sold 26 20 -23
Sales Volume $26,990,365 $27,643,016 2
Average Sale Price $1,038,091 $1,382,151 33
Properties For Sale 116 100 -14
Average Days on Market 103 81 -21
Month’s Supply of Inventory 4.46 5.00 12
Average List Price $1,267,767 $1,376,757 9
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Granada Hills
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $415,000 $515,000 24
Properties Sold 41 20 -51
Sales Volume $19,065,867 $10,885,949 -43
Average Sale Price $465,021 $544,297 17
Properties For Sale 98 88 -10
Average Days on Market 50 45 -10
Month’s Supply of Inventory 2.39 4.40 84
Average List Price $495,738 $577,669 17
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Hidden Hills
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $2,175,000 $2,450,000 13
Properties Sold 3 3 0
Sales Volume $7,400,000 $6,900,000 -7
Average Sale Price $2,466,667 $2,300,000 -7
Properties For Sale 37 24 -35
Average Days on Market 100 186 86
Month’s Supply of Inventory 12.33 8.00 -35
Average List Price $2,622,363 $3,621,695 38
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Lake Balboa
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $409,975 $429,500 5
Properties Sold 8 10 25
Sales Volume $3,392,950 $4,764,388 40
Average Sale Price $424,119 $476,439 12
Properties For Sale 26 26 0
Average Days on Market 64 51 -20
Month’s Supply of Inventory 3.25 2.60 -20
Average List Price $366,820 $471,249 28
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Mission Hills
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $315,000 $327,850 4
Properties Sold 13 8 -38
Sales Volume $4,077,133 $2,796,700 -31
Average Sale Price $313,626 $349,588 11
Properties For Sale 24 23 -4
Average Days on Market 66 22 -67
Month’s Supply of Inventory 1.85 2.88 56
Average List Price $358,481 $376,050 17
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
North Hills
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $383,000 $405,000 6
Properties Sold 21 17 -19
Sales Volume $7,983,500 $7,032,000 -12
Average Sale Price $380,167 $413,647 9
Properties For Sale 39 36 -8
Average Days on Market 50 56 12
Month’s Supply of Inventory 1.86 2.12 14
Average List Price $388,220 $446,314 15
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
North Hollywood
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $357,500 $435,000 22
Properties Sold 28 31 11
Sales Volume $10,632,200 $14,025,400 32
Average Sale Price $379,721 $452,432 19
Properties For Sale 114 104 -9
Average Days on Market 70 47 -33
Month’s Supply of Inventory 4.07 3.35 -18
Average List Price $394,926 $465,837 18
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Northridge
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $471,000 $573,500 22
Properties Sold 49 30 -39
Sales Volume $25,243,036 $18,310,500 -27
Average Sale Price $515,164 $610,350 18
Properties For Sale 144 147 2
Average Days on Market 60 86 43
Month’s Supply of Inventory 2.94 4.90 67
Average List Price $608,711 $691,329 14
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Pacoima
Feb. 2013 Feb. 2014 %Change
Median Price $254,500 $325,000 28
Properties Sold 24 11 -54
Sales Volume $6,196,449 $3,333,900 -46
Average Sale Price $258,185 $303,082 17
Properties For Sale 47 38 -19
Average Days on Market 58 58 0
Month’s Supply of Inventory 1.96 3.45 76
Average List Price $268,981 $329,969 23
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Reseda
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $327,500 $413,500 26
Properties Sold 26 30 15
Sales Volume $8,893,896 $12,695,850 43
Average Sale Price $342,073 $423,228 24
Properties For Sale 65 73 12
Average Days on Market 82 94 15
Month’s Supply of Inventory 2.50 2.43 -3
Average List Price $371,571 $422,501 14
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
San Fernando
Feb. 2013 Feb. 2014 %Change
Median Price $320,000 $302,000 -6
Properties Sold 9 9 0
Sales Volume $2,675,000 $2,856,000 7
Average Sale Price $297,222 $317,333 7
Properties For Sale 26 21 -19
Average Days on Market 32 43 34
Month’s Supply of Inventory 2.89 2.33 -19
Average List Price $298,107 $370,760 24
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Santa Clarita
Feb. 2013 Feb. 2014 %Change
Median Price 365,600 372,500 2
Properties Sold 2 2 0
Sales Volume 731,000 745,000 2
Average Sale Price 365,500 372,500 2
Properties For Sale 8 5 -38
Average Days on Market 18 43 139
Month’s Supply of Inventory 4.00 2.50 -38
Average List Price $464,667 $537,500 16
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Shadow Hills
Feb. 2013 Feb. 2014 %Change
Median Price $480,000 $945,000 97
Properties Sold 2 1 -50
Sales Volume $960,000 $945,000 -2
Average Sale Price $480,000 $945,000 97
Properties For Sale 9 7 -22
Average Days on Market 13 2 -85
Month’s Supply of Inventory 4.50 7.00 56
Average List Price $699,999 $799,296 14
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Sherman Oaks
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $701,000 $925,000 32
Properties Sold 33 38 15
Sales Volume $25,878,900 $39,773,500 54
Average Sale Price $784,209 $1,046,671 33
Properties For Sale 141 139 -1
Average Days on Market 63 59 -6
Month’s Supply of Inventory 4.27 3.66 -14
Average List Price $889,851 $1,049,158 18
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Studio City
Feb. 2013 Feb. 2014 %Change
Median Price $910,550 $1,085,000 19
Properties Sold 16 14 -13
Sales Volume $15,528,800 $16,307,000 5
Average Sale Price $970,550 $1,164,786 20
Properties For Sale 88 90 2
Average Days on Market 43 50 16
Month’s Supply of Inventory 5.50 6.43 17
Average List Price $1,313,998 $1,644,891 25
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Sun Valley
Feb. 2013 Feb. 2014 %Change
Median Price $320,000 $440,000 38
Properties Sold 23 9 -61
Sales Volume $7,846,964 $4,125,000 -47
Average Sale Price $341,172 $458,333 34
Properties For Sale 58 42 -28
Average Days on Market 52 39 -25
Month’s Supply of Inventory 2.52 4.67 85
Average List Price $343,851 $468,938 36
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Sylmar
Feb. 2013 Feb. 2014 %Change
Median Price $335,000 $364,500 9
Properties Sold 27 36 33
Sales Volume $8,683,250 $13,539,999 56
Average Sale Price $321,602 $376,111 17
Properties For Sale 111 95 -14
Average Days on Market 76 75 -1
Month’s Supply of Inventory 4.11 2.64 -36
Average List Price $310,752 $413,554 33
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Tarzana
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $792,500 $705,000 -11
Properties Sold 14 16 14
Sales Volume $12,480,299 $13,122,900 5
Average Sale Price $891,450 $820,181 -8
Properties For Sale 100 81 -19
Average Days on Market 88 65 -26
Month’s Supply of Inventory 7.14 5.06 -29
Average List Price $971,775 $995,316 2
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Toluca Lake
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $1,720,000 $739,500 -57
Properties Sold 3 4 33
Sales Volume $4,660,000 $3,191,800 -32
Average Sale Price $1,553,333 $797,950 -49
Properties For Sale 20 16 -20
Average Days on Market 122 42 -66
Month’s Supply of Inventory 6.67 4.00 -40
Average List Price $1,821,767 $1,445,000 -21
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Valley Glen
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $413,500 $594,950 44
Properties Sold 6 6 0
Sales Volume $2,806,000 $3,779,900 35
Average Sale Price $467,667 $629,983 35
Properties For Sale 33 32 -3
Average Days on Market 52 74 42
Month’s Supply of Inventory 5.50 5.33 -3
Average List Price $501,428 $658,031 31
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Valley Village
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $750,000 $659,750 -12
Properties Sold 10 6 -40
Sales Volume $7,966,250 $4,424,500 -44
Average Sale Price $796,625 $737,417 -7
Properties For Sale 25 21 -16
Average Days on Market 69 121 75
Month’s Supply of Inventory 2.50 3.50 40
Average List Price $681,137 $897,273 32
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Van Nuys
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $355,000 $397,000 12
Properties Sold 29 16 -45
Sales Volume $10,461,900 $6,679,500 -36
Average Sale Price $360,755 $417,469 16
Properties For Sale 82 71 -13
Average Days on Market 52 36 -31
Month’s Supply of Inventory 2.83 4.44 57
Average List Price $385,281 $459,274 19
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
West Hills
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $455,000 $549,000 21
Properties Sold 33 25 -24
Sales Volume $15,945,514 $15,513,850 -3
Average Sale Price $483,197 $620,546 28
Properties For Sale 118 89 -25
Average Days on Market 49 73 49
Month’s Supply of Inventory 3.58 3.56 -1
Average List Price $557,904 $663,564 19
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Winnetka
Feb. 2013 Feb. 2014 %Change
Median Price $383,000 $415,000 8
Properties Sold 19 18 -5
Sales Volume $6,799,800 $7,217,800 6
Average Sale Price $357,884 $400,989 12
Properties For Sale 53 57 8
Average Days on Market 42 61 45
Month’s Supply of Inventory 2.79 3.17 14
Average List Price $374,174 $440,274 18
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Woodland Hills
Rodeo RealtyR o d e o R E . c om
Feb. 2013 Feb. 2014 %Change
Median Price $562,500 $656,000 17
Properties Sold 58 36 -38
Sales Volume $34,934,100 $23,731,050 -32
Average Sale Price $602,312 $659,196 9
Properties For Sale 182 172 -5
Average Days on Market 70 57 -19
Month’s Supply of Inventory 3.14 4.78 52
Average List Price $684,917 $816,395 19
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
RODEO REALTY MARKETING DEPARTMENT