San Fernando Valley Market Report February 2013

31
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.

description

Provides local real estate market statistics for the San Fernando Valley area of Los Angeles.

Transcript of San Fernando Valley Market Report February 2013

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

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22 23

24 25 26 27 28 29

30

Arleta

Feb 2012 Feb 2013 %Change

Median Price $263,750 $299,000 13

Properties Sold 18 20 11

Sales Volume $4,793,279 $6,055,900 26

Average Sale Price $266,293 $302,795 14

Properties For Sale 70 25 -64

Average Days on Market 49 54 10

Month’s Supply of Inventory 3.89 1.25 -68

Average List Price $247,142 $325,026 32

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

Feb 2012 Feb 2013 %Change

Median Price $460,000 $538,500 17

Properties Sold 42 45 7

Sales Volume $20,802,286 $24,714,526 19

Average Sale Price $495,293 $549,212 11

Properties For Sale 177 93 -47

Average Days on Market 87 52 -40

Month’s Supply of Inventory 4.21 2.07 -51

Average List Price $564,512 $737,601 31

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

Feb 2012 Feb 2013 %Change

Median Price $865,000 $1,222,500 41

Properties Sold 15 18 20

Sales Volume $15,183,500 $24,447,888 61

Average Sale Price $1,012,233 $1,358,216 34

Properties For Sale 139 67 -52

Average Days on Market 129 124 -4

Month’s Supply of Inventory 9.27 3.72 -60

Average List Price $1,255,772 $1,675,174 33

*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

Feb 2012 Feb 2013 %Change

Median Price $385,900 $455,000 18

Properties Sold 22 19 -14

Sales Volume $9,705,500 $9,522,500 -2

Average Sale Price $411,159 $501,184 14

Properties For Sale 121 49 -60

Average Days on Market 63 54 -14

Month’s Supply of Inventory 5.5 2.58 -53

Average List Price $513,140 $571,779 11

*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

Feb 2012 Feb 2013 %Change

Median Price $882,500 $935,000 6

Properties Sold 24 26 8

Sales Volume $24,579,625 $26,990,365 10

Average Sale Price $1,024,151 $1,038,091 1

Properties For Sale 150 102 -32

Average Days on Market 102 103 1

Month’s Supply of Inventory 6.25 3.92 -37

Average List Price $1,141,280 $1,329,136 16

*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

Feb 2012 Feb 2013 %Change

Median Price $376,885 $407,500 8

Properties Sold 32 42 31

Sales Volume $13,190,770 $19,280,867 46

Average Sale Price $412,212 $459,068 11

Properties For Sale 160 77 -52

Average Days on Market 89 52 -42

Month’s Supply of Inventory 5 1.83 -63

Average List Price $407,654 $503,319 23

*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

Feb 2012 Feb 2013 %Change

Median Price $2,175,000 $2,175,000 0

Properties Sold 2 3 50

Sales Volume $4,350,000 $7,400,000 70

Average Sale Price $2,175,000 $2,466,667 13

Properties For Sale 29 34 17

Average Days on Market 98 100 2

Month’s Supply of Inventory 14.5 11.33 -22

Average List Price $3,370,500 $2,640,182 -22

*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

Feb 2012 Feb 2013 %Change

Median Price $303,000 $409,975 35

Properties Sold 8 8 0

Sales Volume $2,540,000 $3,392,950 34

Average Sale Price $317,500 $424,119 34

Properties For Sale 54 22 -59

Average Days on Market 92 64 -30

Month’s Supply of Inventory 6.75 2.75 -59

Average List Price $356,046 $366,820 3

*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

Feb 2012 Feb 2013 %Change

Median Price $282,500 $316,800 12

Properties Sold 12 11 -8

Sales Volume $3,540,000 $3,542,133 0

Average Sale Price $295,000 $322,012 9

Properties For Sale 49 15 -69

Average Days on Market 110 55 -50

Month’s Supply of Inventory 4.08 1.36 -67

Average List Price $272,575 $356,560 31

*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

Feb 2012 Feb 2013 %Change

Median Price $325,000 $381,500 17

Properties Sold 27 20 -26

Sales Volume $8,269,999 $7,544,500 -9

Average Sale Price $306,296 $377,225 23

Properties For Sale 88 28 -68

Average Days on Market 88 49 -44

Month’s Supply of Inventory 3.26 1.4 -57

Average List Price $321,375 $391,055 22

*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

Feb 2012 Feb 2013 %Change

Median Price $283,000 $365,000 29

Properties Sold 45 27 -40

Sales Volume $13,001,400 $10,422,200 -20

Average Sale Price $288,920 $386,007 34

Properties For Sale 181 87 -52

Average Days on Market 71 73 3

Month’s Supply of Inventory 4.02 3.22 -20

Average List Price $307,114 $389,806 27

*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

Feb 2012 Feb 2013 %Change

Median Price $465,000 $471,009 1

Properties Sold 40 49 23

Sales Volume $19,558,000 $25,466,259 30

Average Sale Price $488,950 $519,720 6

Properties For Sale 265 114 -57

Average Days on Market 85 58 -32

Month’s Supply of Inventory 6.63 2.33 -65

Average List Price $545,442 $613,040 12

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

Pacoima

Feb 2012 Feb 2013 %Change

Median Price $249,000 $254,500 2

Properties Sold 21 24 14

Sales Volume $4,899,599 $6,196,449 26

Average Sale Price $233,314 $258,185 11

Properties For Sale 117 31 -74

Average Days on Market 51 58 14

Month’s Supply of Inventory 5.57 1.29 -77

Average List Price $223,866 $271,644 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.

Reseda

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

Feb 2012 Feb 2013 %Change

Median Price $275,000 $327,500 19

Properties Sold 33 24 -27

Sales Volume $9,436,450 $8,190,896 -13

Average Sale Price $285,953 $341,287 19

Properties For Sale 154 47 -69

Average Days on Market 89 82 -8

Month’s Supply of Inventory 4.67 1.96 -58

Average List Price $297,657 $367,625 24

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

San Fernando

Feb 2012 Feb 2013 %Change

Median Price $240,000 $301,000 25

Properties Sold 16 8 -50

Sales Volume $3,701,500 $2,311,000 -38

Average Sale Price $231,344 $288,875 25

Properties For Sale 60 20 -67

Average Days on Market 60 33 -45

Month’s Supply of Inventory 3.75 2.5 -33

Average List Price $245,278 $297,107 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

Feb 2012 Feb 2013 %Change

Median Price $0 $480,000 n/a

Properties Sold 0 2 n/a

Sales Volume $0 $960,000 n/a

Average Sale Price $0 $480,000 n/a

Properties For Sale 16 8 -50

Average Days on Market 0 13 n/a

Month’s Supply of Inventory 0 4 n/a

Average List Price $535,000 $699,999 31

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

Feb 2012 Feb 2013 %Change

Median Price $633,500 $699,000 10

Properties Sold 31 32 3

Sales Volume $23,191,500 $24,288,900 5

Average Sale Price $748,113 $759,028 1

Properties For Sale 185 128 -31

Average Days on Market 94 58 -38

Month’s Supply of Inventory 5.97 4 -33

Average List Price $913,710 $897,027 -2

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

Studio City

Feb 2012 Feb 2013 %Change

Median Price $790,000 $745,000 -6

Properties Sold 18 16 -11

Sales Volume $19,247,055 $15,528,800 -19

Average Sale Price $1,069,281 $970,550 -9

Properties For Sale 91 70 -23

Average Days on Market 86 43 -50

Month’s Supply of Inventory 5.06 4.38 -13

Average List Price $1,153,060 $1,372,467 19

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

Feb 2012 Feb 2013 %Change

Median Price $283,500 $310,982 10

Properties Sold 18 24 33

Sales Volume $6,331,000 $7,709,964 22

Average Sale Price $351,722 $321,249 -9

Properties For Sale 99 45 -55

Average Days on Market 74 50 -32

Month’s Supply of Inventory 5.5 1.88 -66

Average List Price $310,047 $341,651 10

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

Feb 2012 Feb 2013 %Change

Median Price $251,720 $340,000 35

Properties Sold 44 28 -36

Sales Volume $11,060,636 $9,063,250 -18

Average Sale Price $251,378 $323,688 29

Properties For Sale 233 84 -64

Average Days on Market 86 75 -13

Month’s Supply of Inventory 5.3 3 -43

Average List Price $291,748 $305,336 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

Feb 2012 Feb 2013 %Change

Median Price $515,000 $792,500 54

Properties Sold 25 14 -44

Sales Volume $15,992,424 $12,480,299 -22

Average Sale Price $639,697 $891,450 39

Properties For Sale 143 91 -36

Average Days on Market 90 88 -2

Month’s Supply of Inventory 5.72 6.50 14

Average List Price $962,476 $978,821 2

*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

Feb 2012 Feb 2013 %Change

Median Price $750,000 $1,720,000 129

Properties Sold 3 3 0

Sales Volume $2,640,000 $4,660,000 77

Average Sale Price $880,000 $1,533,333 77

Properties For Sale 31 20 -35

Average Days on Market 232 122 -47

Month’s Supply of Inventory 10.33 6.67 -35

Average List Price $1,874,322 $1,689,090 1

*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

Feb 2012 Feb 2013 %Change

Median Price $415,000 $413,500 0

Properties Sold 11 6 -45

Sales Volume $4,567,000 $2,806,000 -39

Average Sale Price $415,182 $467,667 13

Properties For Sale 34 27 -21

Average Days on Market 129 52 -60

Month’s Supply of Inventory 3.09 4.5 46

Average List Price $451,185 $482,681 7

*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

Feb 2012 Feb 2013 %Change

Median Price $475,000 $750,000 58

Properties Sold 10 10 0

Sales Volume $5,295,099 $7,966,250 50

Average Sale Price $529,410 $796,625 50

Properties For Sale 49 22 -55

Average Days on Market 69 69 0

Month’s Supply of Inventory 4.9 2.2 -55

Average List Price $672,038 $679,039 1

*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

Feb 2012 Feb 2013 %Change

Median Price $310,000 $352,500 14

Properties Sold 31 30 -3

Sales Volume $9,307,699 $10,696,900 15

Average Sale Price $300,248 $356,563 19

Properties For Sale 185 65 -65

Average Days on Market 99 55 -44

Month’s Supply of Inventory 5.97 2.17 -64

Average List Price $312,213 $372,609 19

*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

Feb 2012 Feb 2013 %Change

Median Price $390,000 $450,000 15

Properties Sold 31 32 3

Sales Volume $14,291,500 $15,405,514 8

Average Sale Price $461,016 $481,422 4

Properties For Sale 156 101 -35

Average Days on Market 116 50 -57

Month’s Supply of Inventory 5.03 3.16 -37

Average List Price $492,256 $558,629 13

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

Winnetka

Feb 2012 Feb 2013 %Change

Median Price $324,900 $383,000 18

Properties Sold 25 19 -24

Sales Volume $8,012,399 $6,816,800 -15

Average Sale Price $320,496 $358,779 12

Properties For Sale 96 39 -59

Average Days on Market 61 42 -31

Month’s Supply of Inventory 3.84 2.05 -47

Average List Price $329,442 $379,537 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

Feb 2012 Feb 2013 %Change

Median Price $570,000 $562,500 -1

Properties Sold 46 58 26

Sales Volume $27,500,574 $34,913,100 27

Average Sale Price $597,839 $601,950 1

Properties For Sale 234 154 -34

Average Days on Market 92 71 -23

Month’s Supply of Inventory 5.09 2.66 -48

Average List Price $560,551 $691,903 23

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

RODEO REALTY MARKETING DEPARTMENT