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

Sept 2011 Sept 2012 %Change

Median Price $259,000 $270,000 4

Properties Sold 15 17 13

Sales Volume $3,938,000 $4,589,900 17

Average Sale Price $262,533 $269,994 3

Properties For Sale 117 47 -60

Average Days on Market 45 32 -29

Month’s Supply of Inventory 7.8 2.8 -65

Average List Price $266,968 $286,025 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.

Burbank

Sept 2011 Sept 2012 %Change

Median Price $481,500 $522,000 8

Properties Sold 44 46 5

Sales Volume $21,574,350 $24,989,750 16

Average Sale Price $490,326 $543,225 11

Properties For Sale 216 120 -44

Average Days on Market 65 59 -9

Month’s Supply of Inventory 4.9 2.8 -47

Average List Price $573,622 $615,924 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.

Calabasas

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

Sept 2011 Sept 2012 %Change

Median Price $1,404,500 $975,500 -31

Properties Sold 26 14 -46

Sales Volume $40,972,000 $15,056,000 -63

Average Sale Price $1,575,846 $1,075,429 -32

Properties For Sale 146 98 -33

Average Days on Market 141 87 -38

Month’s Supply of Inventory 5.6 7 25

Average List Price $1,437,603 $1,227,605 -15

*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

Sept 2011 Sept 2012 %Change

Median Price $487,000 $487,000 0

Properties Sold 20 23 15

Sales Volume $9,580,937 $13,107,220 37

Average Sale Price $479,047 $569,879 19

Properties For Sale 123 82 -33

Average Days on Market 93 92 -1

Month’s Supply of Inventory 6.2 3.6 -42

Average List Price $527,429 $533,071 1

*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

Sept 2011 Sept 2012 %Change

Median Price $829,000 $544,975 -34

Properties Sold 24 23 -4

Sales Volume $18,647,998 $20,010,425 7

Average Sale Price $777,000 $870,018 12

Properties For Sale 188 143 -24

Average Days on Market 72 66 -8

Month’s Supply of Inventory 7.8 6.2 -21

Average List Price $1,013,002 $1,215,120 20

*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

Sept 2011 Sept 2012 %Change

Median Price $407,500 $400,000 -2

Properties Sold 40 36 -10

Sales Volume $19,688,399 $14,868,948 -24

Average Sale Price $492,210 $413,026 -16

Properties For Sale 226 100 -56

Average Days on Market 63 53 -16

Month’s Supply of Inventory 5.7 2.8 -51

Average List Price $417,014 $435,900 5

*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

Sept 2011 Sept 2012 %Change

Median Price $6,900,000 $7,000,000 1

Properties Sold 1 1 0

Sales Volume $6,900,000 $7,000,000 1

Average Sale Price $6,900,000 $7,000,000 1

Properties For Sale 36 24 -33

Average Days on Market 126 29 -77

Month’s Supply of Inventory 36 24 -33

Average List Price $2,990,551 $3,522,000 18

*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

Sept 2011 Sept 2012 %Change

Median Price $325,000 $349,000 7

Properties Sold 19 15 -21

Sales Volume $6,270,720 $5,625,400 -10

Average Sale Price $330,038 $375,027 14

Properties For Sale 59 24 -59

Average Days on Market 47 72 9

Month’s Supply of Inventory 3.1 1.6 -49

Average List Price $276,900 $316,523 26

*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

Sept 2011 Sept 2012 %Change

Median Price $300,000 $270,500 -10

Properties Sold 17 14 -18

Sales Volume $5,113,298 $3,988,629 -22

Average Sale Price $300,782 $284,902 -5

Properties For Sale 59 21 -64

Average Days on Market 47 38 -19

Month’s Supply of Inventory 3.5 1.5 -57

Average List Price $276,900 $316,523 14

*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

Sept 2011 Sept 2012 %Change

Median Price $339,500 $349,000 3

Properties Sold 22 15 -32

Sales Volume $7,188,000 $5,297,000 -26

Average Sale Price $326,727 $353,133 8

Properties For Sale 135 44 -67

Average Days on Market 72 36 -50

Month’s Supply of Inventory 6.1 2.9 -52

Average List Price $328,414 $379,211 15

*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

Sept 2011 Sept 2012 %Change

Median Price $295,500 $349,000 3

Properties Sold 22 15 -32

Sales Volume $7,188,000 $5,297,000 -26

Average Sale Price $326,727 $353,133 8

Properties For Sale 135 44 -67

Average Days on Market 72 36 -50

Month’s Supply of Inventory 5.4 2.5 -52

Average List Price $328,414 $379,211 15

*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

Sept 2011 Sept 2012 %Change

Median Price $465,000 $505,000 9

Properties Sold 71 76 7

Sales Volume $36,072,223 $38,264,837 6

Average Sale Price $508,059 $503,485 -1

Properties For Sale 300 164 -45

Average Days on Market 95 61 -36

Month’s Supply of Inventory 4.2 2.2 -49

Average List Price $493,092 $544,894 11

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

Pacoima

Sept 2011 Sept 2012 %Change

Median Price $229,000 $223,000 -3

Properties Sold 23 33 43

Sales Volume $5,013,499 $7,494,750 49

Average Sale Price $217,978 $227,114 4

Properties For Sale 127 66 -48

Average Days on Market 49 65 33

Month’s Supply of Inventory 5.5 2 -64

Average List Price $247,214 $265,157 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.

Reseda

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

Sept 2011 Sept 2012 %Change

Median Price $275,000 $324,450 18

Properties Sold 43 40 -7

Sales Volume $12,532,850 $12,871,900 3

Average Sale Price $291,462 $321,798 10

Properties For Sale 218 73 -67

Average Days on Market 89 48 -46

Month’s Supply of Inventory 5.1 1.8 -64

Average List Price $321,071 $355,968 14

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

San Fernando

Sept 2011 Sept 2012 %Change

Median Price $226,250 $232,500 3

Properties Sold 18 8 -56

Sales Volume $4,130,700 $1,976,000 -52

Average Sale Price $229,483 $247,000 8

Properties For Sale 69 34 -51

Average Days on Market 86 46 -47

Month’s Supply of Inventory 3.8 4.3 11

Average List Price $225,300 $273,126 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.

Shadow Hills

Sept 2011 Sept 2012 %Change

Median Price $427,500 $600,000 40

Properties Sold 2 1 -50

Sales Volume $855,000 $600,000 -30

Average Sale Price $427,500 $600,000 40

Properties For Sale 24 17 -29

Average Days on Market 170 53 -69

Month’s Supply of Inventory 12 17 42

Average List Price $719,400 $1,150,000 60

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

Sept 2011 Sept 2012 %Change

Median Price $734,000 $775,000 6

Properties Sold 36 37 3

Sales Volume $28,530,650 $29,706,200 4

Average Sale Price $792,518 $802,870 1

Properties For Sale 201 182 -9

Average Days on Market 81 78 -4

Month’s Supply of Inventory 5.6 4.9 -12

Average List Price $782,010 $859,505 10

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

Studio City

Sept 2011 Sept 2012 %Change

Median Price $782,500 $800,000 2

Properties Sold 28 31 11

Sales Volume $24,592,687 $29,116,450 18

Average Sale Price $878,310 $939,240 7

Properties For Sale 131 85 -35

Average Days on Market 83 89 7

Month’s Supply of Inventory 4.7 2.7 -41

Average List Price $1,164,711 $1,221,097 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.

Sun Valley

Sept 2011 Sept 2012 %Change

Median Price $256,250 $313,500 22

Properties Sold 30 17 -43

Sales Volume $9,230,950 $5,475,900 -41

Average Sale Price $307,698 $322,112 5

Properties For Sale 89 48 -46

Average Days on Market 66 69 5

Month’s Supply of Inventory 3 2.8 -5

Average List Price $277,667 $375,754 35

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

Sept 2011 Sept 2012 %Change

Median Price $287,000 $299,975 5

Properties Sold 48 52 8

Sales Volume $14,308,721 $15,259,993 7

Average Sale Price $298,098 $293,461 -2

Properties For Sale 282 107 -62

Average Days on Market 91 79 -13

Month’s Supply of Inventory 5.9 2 -65

Average List Price $305,147 $320,523 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.

Tarzana

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

Sept 2011 Sept 2012 %Change

Median Price $625,000 $703,750 13

Properties Sold 27 24 -11

Sales Volume $18,275,260 $18,588,081 2

Average Sale Price $676,861 $774,503 14

Properties For Sale 139 106 -24

Average Days on Market 106 35 -67

Month’s Supply of Inventory 5.2 4.4 -14

Average List Price $862,818 $911,912 6

*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

Sept 2011 Sept 2012 %Change

Median Price $565,000 $1,300,000 130

Properties Sold 7 5 -29

Sales Volume $6,416,000 $9,438,600 47

Average Sale Price $916,571 $1,887,720 106

Properties For Sale 29 28 -3

Average Days on Market 56 146 161

Month’s Supply of Inventory 4.1 5.6 35

Average List Price $1,552,580 $1,559,939 0

*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

Sept 2011 Sept 2012 %Change

Median Price $396,000 $442,000 12

Properties Sold 11 8 -27

Sales Volume $4,491,000 $3,720,000 -17

Average Sale Price $408,273 $465,000 14

Properties For Sale 43 35 -19

Average Days on Market 90 36 -60

Month’s Supply of Inventory 3.9 4.4 12

Average List Price $483,219 $509,724 5

*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

Sept 2011 Sept 2012 %Change

Median Price $522,500 $622,000 19

Properties Sold 4 13 225

Sales Volume $1,999,000 $8,322,000 316

Average Sale Price $499,750 $640,154 28

Properties For Sale 54 34 -37

Average Days on Market 77 64 -17

Month’s Supply of Inventory 13.5 2.6 -81

Average List Price $597,373 $845,914 42

*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

Sept 2011 Sept 2012 %Change

Median Price $305,000 $302,500 -1

Properties Sold 31 32 3

Sales Volume $9,389,699 $9,862,000 5

Average Sale Price $302,894 $308,188 2

Properties For Sale 189 99 -48

Average Days on Market 62 54 -13

Month’s Supply of Inventory 6.1 3.1 -49

Average List Price $308,319 $369,894 20

*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

Sept 2011 Sept 2012 %Change

Median Price $448,000 $450,000 0

Properties Sold 33 47 42

Sales Volume $16,393,450 $23,877,900 46

Average Sale Price $496,771 $508,040 2

Properties For Sale 185 123 -34

Average Days on Market 66 76 15

Month’s Supply of Inventory 5.6 2.6 -53

Average List Price $459,006 $471,382 3

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

Winnetka

Sept 2011 Sept 2012 %Change

Median Price $343,000 $355,000 3

Properties Sold 26 30 15

Sales Volume $8,676,000 $9,868,699 14

Average Sale Price $333,692 $328,957 -1

Properties For Sale 104 58 -44

Average Days on Market 58 81 40

Month’s Supply of Inventory 4 1.9 -52

Average List Price $323,083 $330,829 2

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

Sept 2011 Sept 2012 %Change

Median Price $505,000 $535,000 6

Properties Sold 45 59 31

Sales Volume $26,072,266 $33,361,199 28

Average Sale Price $579,384 $565,444 -2

Properties For Sale 280 214 -24

Average Days on Market 99 81 -18

Month’s Supply of Inventory 6.2 3.6 -42

Average List Price $572,206 $740,127 29

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

RODEO REALTY MARKETING DEPARTMENT