Local Market Report For The San Fernando Valley October 2013
-
Upload
rodeo-realty -
Category
Documents
-
view
216 -
download
3
description
Transcript of Local Market Report For The San Fernando Valley October 2013
San Fernando Valley Area
RodeoRE.com
Local Market ReportOctober 2013
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
Rodeo RealtyR o d e o R E . c om
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
31
Arleta
Oct. 2012 Oct. 2013 %Change
Median Price $272,500 $359,000 32
Properties Sold 26 20 -23
Sales Volume $6,992,499 $9,801,500 40
Average Sale Price $268,942 $490,075 82
Properties For Sale 55 39 -29
Average Days on Market 72 32 -56
Month’s Supply of Inventory 2.12 1.95 -8
Average List Price $289,190 $305,866 6
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
Oct. 2012 Oct. 2013 %Change
Median Price $873,000 $1,300,000 49
Properties Sold 5 3 -40
Sales Volume $5,532,500 $4,675,000 -15
Average Sale Price $1,106,500 $1,568,333 41
Properties For Sale 24 28 17
Average Days on Market 128 147 15
Month’s Supply of Inventory 4.80 9.33 94
Average List Price $1,198,333 $1,649,590 38
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Burbank
Oct. 2012 Oct. 2013 %Change
Median Price $515,000 $615,000 19
Properties Sold 51 63 24
Sales Volume $26,124,450 $39,560,850 51
Average Sale Price $512,244 $627,950 23
Properties For Sale 159 124 -22
Average Days on Market 67 41 -39
Month’s Supply of Inventory 3.12 1.97 -37
Average List Price $585,340 $638,483 9
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
Oct. 2012 Oct. 2013 %Change
Median Price $1,100,000 $1,031,250 -6
Properties Sold 19 24 26
Sales Volume $29,799,000 $35,704,918 20
Average Sale Price $1,568,368 $1,487,705 -5
Properties For Sale 106 97 -8
Average Days on Market 92 63 -32
Month’s Supply of Inventory 5.58 4.04 -28
Average List Price $1,280,665 $1,655,800 29
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Chatsworth
Rodeo RealtyR o d e o R E . c om
Oct. 2012 Oct. 2013 %Change
Median Price $390,500 $590,000 51
Properties Sold 27 23 -15
Sales Volume $12,081,700 $14,077,574 17
Average Sale Price $447,740 $612,068 37
Properties For Sale 92 83 -10
Average Days on Market 70 50 -29
Month’s Supply of Inventory 3.41 3.61 6
Average List Price $603,492 $806,592 34
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Encino
Rodeo RealtyR o d e o R E . c om
Oct. 2012 Oct. 2013 %Change
Median Price $646,000 $1,195,000 85
Properties Sold 37 37 0
Sales Volume $28,367,625 $51,172,225 80
Average Sale Price $766,693 $1,383,033 80
Properties For Sale 156 140 -10
Average Days on Market 70 45 -36
Month’s Supply of Inventory 4.22 3.78 -10
Average List Price $1,100,041 $1,319,220 20
*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
Oct. 2012 Oct. 2013 %Change
Median Price $410,000 $490,000 20
Properties Sold 52 57 10
Sales Volume $23,055,026 $30,070,627 30
Average Sale Price $443,366 $527,555 19
Properties For Sale 124 99 -20
Average Days on Market 65 50 -23
Month’s Supply of Inventory 2.38 1.74 -27
Average List Price $457,014 $547,591 20
*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
Oct. 2012 Oct. 2013 %Change
Median Price $2,550,000 $2,707,500 6
Properties Sold 2 2 0
Sales Volume $5,100,000 $5,415,000 6
Average Sale Price $2,550,000 $2,707,500 6
Properties For Sale 29 23 -21
Average Days on Market 58 118 103
Month’s Supply of Inventory 14.50 11.50 -21
Average List Price $3,227,833 $4,103,600 27
*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
Oct. 2012 Oct. 2013 %Change
Median Price $375,000 $429,000 14
Properties Sold 15 20 33
Sales Volume $5,842,380 $8,984,800 54
Average Sale Price $389,492 $449,240 15
Properties For Sale 29 19 -34
Average Days on Market 83 42 -49
Month’s Supply of Inventory 1.93 0.95 -51
Average List Price $388,350 $450,650 16
*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
Oct. 2012 Oct. 2013 %Change
Median Price $312,500 $372,000 19
Properties Sold 22 13 -41
Sales Volume $6,865,500 $5,145,300 -25
Average Sale Price $312,068 $395,792 27
Properties For Sale 34 20 -41
Average Days on Market 60 37 -38
Month’s Supply of Inventory 1.55 1.54 -1
Average List Price $331,177 $392,345 18
*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
Oct. 2012 Oct. 2013 %Change
Median Price $350,000 $420,000 20
Properties Sold 26 17 -35
Sales Volume $8,774,000 $6,763,450 -23
Average Sale Price $337,462 $397,850 18
Properties For Sale 68 51 -25
Average Days on Market 63 48 -24
Month’s Supply of Inventory 2.62 3.00 15
Average List Price $372,504 $424,838 14
*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
Oct. 2012 Oct. 2013 %Change
Median Price $311,000 $380,000 22
Properties Sold 49 38 -22
Sales Volume $16,428,400 $15,823,398 -4
Average Sale Price $335,273 $416,405 24
Properties For Sale 157 114 -27
Average Days on Market 47 47 0
Month’s Supply of Inventory 3.20 3.00 -6
Average List Price $342,622 $451,110 32
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Northridge
Rodeo RealtyR o d e o R E . c om
Oct. 2012 Oct. 2013 %Change
Median Price $461,250 $559,000 21
Properties Sold 84 67 -20
Sales Volume $41,369,309 $39,708,450 -4
Average Sale Price $492,492 $592,663 20
Properties For Sale 188 141 -25
Average Days on Market 61 50 -18
Month’s Supply of Inventory 2.24 2.10 -6
Average List Price $521,889 $648,238 24
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Pacoima
Oct. 2012 Oct. 2013 %Change
Median Price $265,500 $300,000 13
Properties Sold 36 21 -42
Sales Volume $9,041,890 $6,101,400 -33
Average Sale Price $251,164 $290,543 16
Properties For Sale 73 41 -44
Average Days on Market 50 46 -8
Month’s Supply of Inventory 2.03 1.95 -4
Average List Price $245,058 $309,330 26
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
Oct. 2012 Oct. 2013 %Change
Median Price $330,000 $397,500 20
Properties Sold 47 36 -23
Sales Volume $14,938,600 $14,449,249 -3
Average Sale Price $317,843 $401,368 26
Properties For Sale 102 75 -26
Average Days on Market 52 51 -2
Month’s Supply of Inventory 2.17 2.08 -4
Average List Price $356,859 $392,807 10
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
San Fernando
Oct. 2012 Oct. 2013 %Change
Median Price $256,535 $346,077 35
Properties Sold 11 13 18
Sales Volume $2,885,149 $3,780,000 31
Average Sale Price $262,286 $290,769 11
Properties For Sale 43 31 -28
Average Days on Market 53 38 -28
Month’s Supply of Inventory 3.91 2.38 -39
Average List Price $256,535 $346,077 35
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
Oct. 2012 Oct. 2013 %Change
Median Price $607,500 $633,250 4
Properties Sold 2 2 0
Sales Volume $1,215,000 $1,266,500 4
Average Sale Price $607,500 $633,250 4
Properties For Sale 18 16 -11
Average Days on Market 118 37 -69
Month’s Supply of Inventory 9.00 8.00 -11
Average List Price $664,800 $946,300 42
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
Oct. 2012 Oct. 2013 %Change
Median Price $730,000 $817,630 12
Properties Sold 61 58 -5
Sales Volume $49,941,900 $54,216,215 9
Average Sale Price $818,720 $934,762 14
Properties For Sale 187 202 8
Average Days on Market 76 50 -34
Month’s Supply of Inventory 3.07 3.48 13
Average List Price $978,155 $1,071,290 10
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Studio City
Oct. 2012 Oct. 2013 %Change
Median Price $840,000 $990,000 18
Properties Sold 35 28 -20
Sales Volume $35,800,250 $34,145,200 -5
Average Sale Price $1,022,864 $1,219,471 19
Properties For Sale 100 106 6
Average Days on Market 61 72 18
Month’s Supply of Inventory 2.86 3.79 33
Average List Price $1,154,158 $1,425,214 23
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
Oct. 2012 Oct. 2013 %Change
Median Price $299,900 $380,000 27
Properties Sold 27 23 -15
Sales Volume $8,982,400 $10,875,950 21
Average Sale Price $332,681 $472,867 42
Properties For Sale 69 64 -7
Average Days on Market 56 49 -13
Month’s Supply of Inventory 2.56 2.78 9
Average List Price $312,466 $445,856 43
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Sylmar
Oct. 2012 Oct. 2013 %Change
Median Price $322,320 $365,000 13
Properties Sold 54 66 22
Sales Volume $17,072,937 $23,753,907 39
Average Sale Price $316,166 $359,908 14
Properties For Sale 157 107 -32
Average Days on Market 61 44 -28
Month’s Supply of Inventory 2.91 1.62 -44
Average List Price $326,767 $384,003 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
Oct. 2012 Oct. 2013 %Change
Median Price $492,500 $832,500 69
Properties Sold 19 26 37
Sales Volume $12,813,400 $21,797,900 70
Average Sale Price $674,389 $838,381 24
Properties For Sale 133 86 -35
Average Days on Market 63 50 -21
Month’s Supply of Inventory 7.00 3.31 -53
Average List Price $945,409 $1,159,839 23
*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
Oct. 2012 Oct. 2013 %Change
Median Price $829,500 $1,135,000 37
Properties Sold 7 8 14
Sales Volume $7,298,500 $10,720,000 47
Average Sale Price $1,042,643 $1,340,000 29
Properties For Sale 34 20 -41
Average Days on Market 94 96 2
Month’s Supply of Inventory 4.86 2.50 -49
Average List Price $1,337,307 $1,246,750 -7
*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
Oct. 2012 Oct. 2013 %Change
Median Price $581,750 $557,500 -4
Properties Sold 12 10 -17
Sales Volume $6,444,500 $5,890,000 -9
Average Sale Price $537,042 $589,000 10
Properties For Sale 37 35 -5
Average Days on Market 73 50 -32
Month’s Supply of Inventory 3.08 3.50 14
Average List Price $594,758 $635,797 7
*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
Oct. 2012 Oct. 2013 %Change
Median Price $670,500 $823,095 23
Properties Sold 10 15 50
Sales Volume $6,472,400 $11,294,595 75
Average Sale Price $647,240 $752,973 16
Properties For Sale 42 30 -29
Average Days on Market 63 45 -29
Month’s Supply of Inventory 4.20 2.00 -52
Average List Price $619,615 $831,642 34
*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
Oct. 2012 Oct. 2013 %Change
Median Price $289,195 $405,000 40
Properties Sold 50 34 -32
Sales Volume $16,178,337 $13,725,149 -15
Average Sale Price $323,567 $415,914 29
Properties For Sale 110 85 -23
Average Days on Market 60 45 -25
Month’s Supply of Inventory 2.20 2.50 14
Average List Price $366,388 $456,643 25
*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
Oct. 2012 Oct. 2013 %Change
Median Price $435,000 $500,000 15
Properties Sold 48 43 -10
Sales Volume $23,384,300 $22,960,800 -2
Average Sale Price $487,173 $533,972 10
Properties For Sale 142 114 -20
Average Days on Market 81 42 -48
Month’s Supply of Inventory 2.96 2.65 -10
Average List Price $514,734 $610,949 19
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Winnetka
Oct. 2012 Oct. 2013 %Change
Median Price $335,000 $415,000 24
Properties Sold 38 29 -24
Sales Volume $12,688,250 $11,809,189 -7
Average Sale Price $333,901 $407,213 22
Properties For Sale 72 70 -3
Average Days on Market 41 52 27
Month’s Supply of Inventory 1.89 2.41 28
Average List Price $358,298 $449,415 25
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
Oct. 2012 Oct. 2013 %Change
Median Price $570,050 $650,000 14
Properties Sold 64 55 -14
Sales Volume $36,631,475 $38,959,021 6
Average Sale Price $572,367 $708,346 24
Properties For Sale 238 193 -19
Average Days on Market 81 64 -21
Month’s Supply of Inventory 3.72 3.51 -6
Average List Price $640,015 $745,794 17
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
RODEO REALTY MARKETING DEPARTMENT