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 specifi c 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.

Burbank

Calabasas

Chatsworth

Encino

Granada Hills

Hidden Hills

Lake Balboa

Mission Hills

North Hills

North Hollywood

Northridge

Reseda

Sherman Oaks

Studio City

Table of Contents

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Tarzana

Toluca Lake

Valley Glen

Valley Village

Van Nuys

West Hills

Woodland Hills

16

17

18

19

20

21

22

Burbank

Aug 2011 Aug 2012 %Change

Median Price $503,500 $482,500 -4

Properties Sold 48 50 4

Sales Volume $24,433,200 $25,733,650 5

Average Sale Price $509,025 $514,673 1

Properties For Sale 218 143 -34

Average Days on Market 77 76 -1

Month’s Supply of Inventory 5 3 -37

Average List Price $517,366 $551,369 7

Rodeo Realty

R o d e o M 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 Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $770,000 $1,115,000 45

Properties Sold 23 23 0

Sales Volume $20,625,825 $25,828,325 25

Average Sale Price $896,775 $1,213,405 25

Properties For Sale 152 114 -25

Average Days on Market 107 97 -9

Month’s Supply of Inventory 7 5 -25

Average List Price $1,429,326 $1,673,943 17

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

Chatsworth

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $415,000 $488,000 18

Properties Sold 24 21 -13

Sales Volume $11,243,500 $12,154,940 8

Average Sale Price $468,479 $578,807 24

Properties For Sale 122 92 -25

Average Days on Market 89 57 -36

Month’s Supply of Inventory 5 4 -14

Average List Price $457,282 $655,395 43

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

Encino

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $838,000 $570,000 -32

Properties Sold 31 41 32

Sales Volume $32,800,000 $32,306,000 -2

Average Sale Price $1,058,065 $787,951 -26

Properties For Sale 205 122 -40

Average Days on Market 65 67 3

Month’s Supply of Inventory 7 3 -55

Average List Price $1,164,074 $1,008,106 -13

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

Granada Hills

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 July 2012 %Change

Median Price $375,000 $365,000 -3

Properties Sold 37 53 43

Sales Volume $16,008,035 $21,790,440 36

Average Sale Price $432,650 $411,140 -5

Properties For Sale 227 110 -52

Average Days on Market 61 78 28

Month’s Supply of Inventory 6 2 -66

Average List Price $421,797 $466,023 10

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

Hidden Hills

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $1,050,000 $2,133,000 103

Properties Sold 3 3 0

Sales Volume $7,505,000 $8,868,000 18

Average Sale Price $2,501,667 $2,956,000 18

Properties For Sale 37 25 -32

Average Days on Market 256 76 -70

Month’s Supply of Inventory 12 8 -32

Average List Price $2,824,500 $4,668,375 65

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

Lake Balboa

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $295,000 $342,000 16

Properties Sold 27 13 52

Sales Volume $8,284,999 $4,534,000 45

Average Sale Price $306,852 $348,7691 14

Properties For Sale 48 25 -48

Average Days on Market 88 41 -53

Month’s Supply of Inventory 2 2 8

Average List Price $329,984 $435,038 32

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

Mission Hills

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $300,000 $315,000 5

Properties Sold 16 13 -19

Sales Volume $4,710,200 $3,975,000 -16

Average Sale Price $294,388 $305,769 4

Properties For Sale 57 30 -47

Average Days on Market 52 44 -15

Month’s Supply of Inventory 4 2 -35

Average List Price $292,806 $322,148 10

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

North Hills

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $340,000 $332,000 -2

Properties Sold 29 36 24

Sales Volume $9,653,500 $12,010,458 24

Average Sale Price $332,879 $343,156 3

Properties For Sale 132 58 -56

Average Days on Market 109 74 -32

Month’s Supply of Inventory 5 2 -65

Average List Price $334,128 $338,938 1

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

North Hollywood

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $295,000 $300,000 2

Properties Sold 39 44 13

Sales Volume $12,184,500 $14,484,150 19

Average Sale Price $312,423 $329,185 5

Properties For Sale 235 134 -43

Average Days on Market 101 71 -30

Month’s Supply of Inventory 6 3 -49

Average List Price $333,973 $338,014 1

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

Northridge

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $527,000 $500,000 -5

Properties Sold 53 72 36

Sales Volume $28,423,250 $36,176,288 27

Average Sale Price $536,288 $509,525 -5

Properties For Sale 324 213 -34

Average Days on Market 89 78 -12

Month’s Supply of Inventory 6 3 -52

Average List Price $503,155 $529,470 5

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

Reseda

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $270,000 $285,000 6

Properties Sold 36 35 -3

Sales Volume $10,142,000 $10,097,100 0

Average Sale Price $281,722 $288,489 2

Properties For Sale 211 97 -54

Average Days on Market 66 59 -11

Month’s Supply of Inventory 6 3 -53

Average List Price $311,776 $327,150 5

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

Sherman Oaks

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $680,000 $689,500 1

Properties Sold 49 60 22

Sales Volume $41,856,799 $44,605,500 7

Average Sale Price $854,220 $743,425 -13

Properties For Sale 215 185 -14

Average Days on Market 80 74 -8

Month’s Supply of Inventory 4 3 -30

Average List Price $850,349 $890,356 5

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

Studio City

Aug 2011 Aug 2012 %Change

Median Price $807,000 $790,000 -2

Properties Sold 25 27 8

Sales Volume $26,565,490 $27,207,250 2

Average Sale Price $1,062,620 $1,007,676 -5

Properties For Sale 130 94 -28

Average Days on Market 73 52 -29

Month’s Supply of Inventory 5 3 -33

Average List Price $996,772 $867,746 -13

Rodeo Realty

R o d e o M 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 Realty

R o d e o M a r k e t R e p o r t s . c o m

L

Aug 2011 Aug 2012 %Change

Median Price $558,000 $707,500 27

Properties Sold 31 40 29

Sales Volume $21,117,500 $30,831,500 46

Average Sale Price $683,145 $770,788 13

Properties For Sale 153 98 -36

Average Days on Market 77 87 13

Month’s Supply of Inventory 5 2 -50

Average List Price $874,748 $1,001,494 14

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

Toluca Lake

Rodeo Realty

R o d e o M 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.

Aug 2011 Aug 2012 %Change

Median Price $592,775 $720,500 22

Properties Sold 6 16 167

Sales Volume $4,284,550 $16,571,000 287

Average Sale Price $714,092 $1,035,688 45

Properties For Sale 29 27 -7

Average Days on Market 95 115 21

Month’s Supply of Inventory 5 2 -65

Average List Price $1,329,625 $2,235,111 68

Valley Glen

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

L

Aug 2011 Aug 2012 %Change

Median Price $400,000 $468,000 17

Properties Sold 13 5 -62

Sales Volume $4,968,000 $2,445,000 -51

Average Sale Price $382,154 $489,000 28

Properties For Sale 45 31 -31

Average Days on Market 84 48 -43

Month’s Supply of Inventory 3 6 79

Average List Price $488,183 $529,712 9

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

Valley Village

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $595,000 $667,000 12

Properties Sold 14 16 14

Sales Volume $8,871,000 $10,589,000 19

Average Sale Price $633,643 $661,813 4

Properties For Sale 49 48 -2

Average Days on Market 74 105 42

Month’s Supply of Inventory 4 3 -14

Average List Price $562,519 $712,067 27

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

Van Nuys

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $311,278 $315,000 1

Properties Sold 40 35 -13

Sales Volume $12,631,154 $11,598,479 -8

Average Sale Price $315,779 $331,385 5

Properties For Sale 197 119 -40

Average Days on Market 76 47 -38

Month’s Supply of Inventory 5 3 -31

Average List Price $314,636 $343,184 9

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

West Hills

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $455,000 $427,500 -6

Properties Sold 41 50 22

Sales Volume $19,737,000 $22,177,859 12

Average Sale Price $481,390 $443,557 -8

Properties For Sale 185 140 -24

Average Days on Market 96 70 -27

Month’s Supply of Inventory 5 3 -38

Average List Price $470,489 $524,194 11

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

Woodland Hills

Rodeo Realty

R o d e o M a r k e t R e p o r t s . c o m

Aug 2011 Aug 2012 %Change

Median Price $550,000 $545,000 -1

Properties Sold 53 73 38

Sales Volume $32,750,099 $42,907,699 31

Average Sale Price $617,926 $587,777 -5

Properties For Sale 276 209 -24

Average Days on Market 95 63 -34

Month’s Supply of Inventory 5 3 -45

Average List Price $633,226 $641,623 1

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

RODEO REALTY MARKETING DEPARTMENT