San Fernando Valley Area

RodeoRE.com

Local Market ReportJanuary 2015

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 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

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Arleta

Jan. 2014 Jan. 2015 %Change

Median Price $315,000 $385,500 22%

Properties Sold 7 14 100%

Sales Volume $2,272,749 $5,266,250 132%

Average Sale Price $324,678 $376,161 16%

Properties For Sale 51 27 -47%

Average Days on Market 55 62 13%

Months Supply of Inventory 7.29 1.93 -74%

Average List Price $328,941 $409,524 24%

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

Jan. 2014 Jan. 2015 %Change

Median Price n/a $1,569,000

Properties Sold n/a 2

Sales Volume n/a $3,138,000

Average Sale Price n/a $1,569,000

Properties For Sale $22 $27 23%

Average Days on Market n/a 351

Months Supply of Inventory n/a 14

Average List Price $1,547,125 $1,475,611 -5%

Rodeo RealtyR o d e o R E . c om

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

Burbank

Jan. 2014 Jan. 2015 %Change

Median Price $630,000 $637,500 1%

Properties Sold 49 28 -43%

Sales Volume $31,035,358 $20,647,050 -33%

Average Sale Price $633,375 $737,395 16%

Properties For Sale 126 104 -17%

Average Days on Market 47 50 6%

Months Supply of Inventory 2.57 3.71 44%

Average List Price $744,457 $797,746 7%

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

Jan. 2014 Jan. 2015 %Change

Median Price $1,330,500 $1,025,000 -23%

Properties Sold 12 15 25%

Sales Volume $18,417,000 $17,716,745 -4%

Average Sale Price $1,534,750 $1,181,116 -23%

Properties For Sale 88 95 8%

Average Days on Market 114 134 18%

Months Supply of Inventory 7.33 6.33 -14%

Average List Price $1,703,822 $2,053,324 21%

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

Chatsworth

Rodeo RealtyR o d e o R E . c om

Jan. 2014 Jan. 2015 %Change

Median Price $510,000 $499,000 -2%

Properties Sold 17 13 -24%

Sales Volume $11,231,600 $7,324,500 -35%

Average Sale Price $660,682 $563,423 -15%

Properties For Sale 75 78 4%

Average Days on Market 75 55 -27%

Months Supply of Inventory 4.41 6.00 36%

Average List Price $724,335 $810,097 12%

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

Encino

Rodeo RealtyR o d e o R E . c om

Jan. 2014 Jan. 2015 %Change

Median Price $875,000 $1,000,500 14%

Properties Sold 31 26 -16%

Sales Volume $36,663,000 $37,461,500 2%

Average Sale Price $1,118,161 $1,440,827 29%

Properties For Sale 116 125 8%

Average Days on Market 69 63 -9%

Months Supply of Inventory 3.74 4.81 29%

Average List Price $1,167,678 $1,692,367 45%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $448,300 $480,000 7%

Properties Sold 34 24 -29%

Sales Volume $17,104,000 $13,035,500 -24%

Average Sale Price $503,059 $543,146 8%

Properties For Sale 99 77 -22%

Average Days on Market 53 59 11%

Months Supply of Inventory 2.91 3.21 10%

Average List Price $580,857 $562,131 -3%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $3,262,500 $1,715,000 -47%

Properties Sold 2 3 50%

Sales Volume $6,525,000 $4,736,000 -27%

Average Sale Price $3,262,500 $1,578,667 -52%

Properties For Sale 21 26 24%

Average Days on Market 103 44 -57%

Months Supply of Inventory 10.50 8.67 -17%

Average List Price $3,962,500 $8,543,600 116%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $480,000 $472,000 -2%

Properties Sold 9 15 67%

Sales Volume $4,440,900 $7,350,500 66%

Average Sale Price $493,433 $490,033 -1%

Properties For Sale 32 27 -16%

Average Days on Market 34 62 82%

Months Supply of Inventory 3.56 1.80 -49%

Average List Price $454,604 $474,100 4%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $374,750 $495,000 32%

Properties Sold 6 4 -33%

Sales Volume $2,306,500 $1,988,000 -14%

Average Sale Price $384,417 $497,000 29%

Properties For Sale 25 20 -20%

Average Days on Market 27 63 133%

Months Supply of Inventory 4.17 5.00 20%

Average List Price $376,846 $397,474 5%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $418,000 $460,000 10%

Properties Sold 16 9 -44%

Sales Volume $6,643,400 $3,904,000 -41%

Average Sale Price $415,213 $433,778 4%

Properties For Sale 49 42 -14%

Average Days on Market 60 64 7%

Months Supply of Inventory 3.06 4.67 53%

Average List Price $418,066 $454,784 9%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $380,000 $442,500 16%

Properties Sold 27 32 19%

Sales Volume $11,270,018 $14,571,611 29%

Average Sale Price $417,408 $455,363 9%

Properties For Sale 125 85 -32%

Average Days on Market 52 71 37%

Months Supply of Inventory 4.63 2.66 -43%

Average List Price $487,317 $480,853 -1%

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

Northridge

Rodeo RealtyR o d e o R E . c om

Jan. 2014 Jan. 2015 %Change

Median Price $532,500 $610,000 15%

Properties Sold 38 35 -8%

Sales Volume $22,788,450 $21,273,450 -7%

Average Sale Price $599,696 $607,813 1%

Properties For Sale 151 161 7%

Average Days on Market 69 73 6%

Months Supply of Inventory 3.97 4.60 16%

Average List Price $672,407 $741,717 10%

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

Pacoima

Jan. 2014 Jan. 2015 %Change

Median Price $302,500 $360,000 19%

Properties Sold 18 9 -50%

Sales Volume $5,613,000 $3,279,575 -42%

Average Sale Price $311,833 $364,397 17%

Properties For Sale 53 42 -21%

Average Days on Market 29 49 69%

Months Supply of Inventory 2.94 4.67 59%

Average List Price $318,695 $324,780 2%

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

Jan. 2014 Jan. 2015 %Change

Median Price $385,000 $435,000 13%

Properties Sold 23 21 -9%

Sales Volume $8,851,000 $9,003,130 2%

Average Sale Price $384,826 $428,720 11%

Properties For Sale 84 62 -26%

Average Days on Market 43 $73 70%

Months Supply of Inventory 3.65 2.95 -19%

Average List Price $440,240 $440,173 0%

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

San Fernando

Jan. 2014 Jan. 2015 %Change

Median Price $314,000 $310,000 -1%

Properties Sold 10 7 -30%

Sales Volume $3,256,950 $2,326,950 -29%

Average Sale Price $352,695 $332,421 -6%

Properties For Sale 37 32 -14%

Average Days on Market 29 $47 62%

Months Supply of Inventory 3.70 4.57 24%

Average List Price $347,616 $378,275 9%

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

Jan. 2014 Jan. 2015 %Change

Median Price $1,025,000 n/a

Properties Sold 3 n/a

Sales Volume $2,975,000 $0 -100%

Average Sale Price $991,667 n/a

Properties For Sale 7 14 100%

Average Days on Market 80 n/a

Months Supply of Inventory 2.33 n/a

Average List Price $561,967 $1,086,934 93%

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

Jan. 2014 Jan. 2015 %Change

Median Price $1,015,000 $929,000 -8%

Properties Sold 40 33 -18%

Sales Volume $42,351,575 $36,006,250 -15%

Average Sale Price $1,058,789 $1,091,098 3%

Properties For Sale 151 141 -7%

Average Days on Market 99 62 -37%

Months Supply of Inventory 3.78 4.27 13%

Average List Price $1,146,671 $1,302,076 14%

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

Studio City

Jan. 2014 Jan. 2015 %Change

Median Price $1,122,000 $1,275,000 14%

Properties Sold 21 12 -43%

Sales Volume $24,827,650 $15,250,500 -39%

Average Sale Price $1,182,269 $1,270,875 7%

Properties For Sale 99 84 -15%

Average Days on Market 54 64 19%

Months Supply of Inventory 4.71 7.00 49%

Average List Price $1,371,951 $1,389,736 1%

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

Jan. 2014 Jan. 2015 %Change

Median Price $350,000 $425,000 21%

Properties Sold 12 15 25%

Sales Volume $4,868,500 $6,834,000 40%

Average Sale Price $405,708 $455,600 12%

Properties For Sale 49 57 16%

Average Days on Market 82 72 -12%

Months Supply of Inventory 4.08 3.80 -7%

Average List Price $396,467 $456,330 15%

Rodeo RealtyR o d e o R E . c om

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

Sylmar

Jan. 2014 Jan. 2015 %Change

Median Price $372,500 $410,500 10%

Properties Sold 44 26 -41%

Sales Volume $16,568,000 $11,120,500 -33%

Average Sale Price $376,545 $427,712 14%

Properties For Sale 94 96 2%

Average Days on Market 46 55 20%

Months Supply of Inventory 2.14 3.69 72%

Average List Price $380,417 $450,468 18%

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

Jan. 2014 Jan. 2015 %Change

Median Price $866,250 $935,000 8%

Properties Sold 21 18 -14%

Sales Volume $19,919,250 $21,037,000 6%

Average Sale Price $948,536 $1,168,722 23%

Properties For Sale 93 84 -10%

Average Days on Market 69 76 10%

Months Supply of Inventory 4.43 4.67 5%

Average List Price $1,153,789 $1,608,759 39%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $1,147,500 $1,275,000 11%

Properties Sold 6 3 -50%

Sales Volume $9,095,340 $5,882,800 -35%

Average Sale Price $1,515,890 $1,960,933 29%

Properties For Sale 19 25 32%

Average Days on Market 79 115 46%

Months Supply of Inventory 3.17 8.33 163%

Average List Price $1,381,946 $3,508,992 154%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $592,500 $515,000 -13%

Properties Sold 12 7 -42%

Sales Volume $7,472,000 $4,053,500 -46%

Average Sale Price $622,667 $579,071 -7%

Properties For Sale 29 43 48%

Average Days on Market 105 38 -64%

Months Supply of Inventory 2.42 6.14 154%

Average List Price $643,518 $665,749 3%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $795,000 $777,500 -2%

Properties Sold 11 10 -9%

Sales Volume $8,977,055 $7,771,500 -13%

Average Sale Price $816,096 $777,150 -5%

Properties For Sale 27 22 -19%

Average Days on Market 50 39 -22%

Months Supply of Inventory 2.45 2.20 -10%

Average List Price $762,057 $1,002,825 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

Jan. 2014 Jan. 2015 %Change

Median Price $430,000 $415,000 -3%

Properties Sold 23 18 -22%

Sales Volume $9,437,400 $8,824,980 -6%

Average Sale Price $410,322 $490,277 19%

Properties For Sale 70 78 11%

Average Days on Market 65 59 -9%

Months Supply of Inventory 3.04 4.33 42%

Average List Price $460,531 $501,153 9%

*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

Jan. 2014 Jan. 2015 %Change

Median Price $520,000 $539,000 4%

Properties Sold 25 38 52%

Sales Volume $14,384,500 $28,357,605 97%

Average Sale Price $575,380 $746,253 30%

Properties For Sale 109 105 -4%

Average Days on Market 57 81 42%

Months Supply of Inventory 4.36 2.76 -37%

Average List Price $662,616 $651,569 -2%

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

Winnetka

Jan. 2014 Jan. 2015 %Change

Median Price $400,000 $445,000 11%

Properties Sold 17 18 6%

Sales Volume $7,019,500 $7,848,400 12%

Average Sale Price $412,912 $436,022 6%

Properties For Sale 68 62 -9%

Average Days on Market 54 51 -6%

Months Supply of Inventory 4.00 3.44 -14%

Average List Price $442,053 $526,948 19%

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

Jan. 2014 Jan. 2015 %Change

Median Price $675,000 $705,000 4%

Properties Sold 33 28 -15%

Sales Volume $23,351,564 $21,073,100 -10%

Average Sale Price $707,623 $752,611 6%

Properties For Sale 177 222 25%

Average Days on Market 59 92 56%

Months Supply of Inventory 5.36 7.93 48%

Average List Price $760,732 $875,806 15%

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

RODEO REALTY MARKETING DEPARTMENT