San Fernando Valley Area

RodeoRE.com

Local Market ReportOctober 2014

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. 2013 Oct. 2014 %Change

Median Price $360,000 $353,500 -2%

Properties Sold 17 17 0%

Sales Volume $6,056,500 $5,685,200 -6%

Average Sale Price $356,265 $334,424 -6%

Properties For Sale 50 28 -44%

Average Days on Market 35 66 89%

Months Supply of Inventory 2.94 1.65 -44%

Average List Price $313,441 $368,962 18%

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. 2013 Oct. 2014 %Change

Median Price $1,300,000 $805,000 -38%

Properties Sold 3 3 0%

Sales Volume $4,675,000 $0 -100%

Average Sale Price $1,170,000 $957,000 -18%

Properties For Sale 29 34 17%

Average Days on Market 103 41 -60%

Months Supply of Inventory 11.67 10.67 -9%

Average List Price $1,609,400 $1,800,556 12%

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. 2013 Oct. 2014 %Change

Median Price $615,000 $650,000 6%

Properties Sold 65 40 -38%

Sales Volume $40,470,850 $27,146,000 -33%

Average Sale Price $622,628 $678,650 9%

Properties For Sale 142 122 -14%

Average Days on Market 42 49 17%

Months Supply of Inventory 2.18 3.05 40%

Average List Price $631,657 $762,777 21%

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. 2013 Oct. 2014 %Change

Median Price $1,031,250 $1,100,500 7%

Properties Sold 24 21 -13%

Sales Volume $35,704,918 $41,988,500 18%

Average Sale Price $1,487,705 $1,999,452 34%

Properties For Sale 110 105 -5%

Average Days on Market 63 79 25%

Months Supply of Inventory 4.58 5.00 9%

Average List Price $1,640,800 $2,086,643 27%

*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. 2013 Oct. 2014 %Change

Median Price $590,000 $557,500 -6%

Properties Sold 23 24 4%

Sales Volume $14,077,574 $20,862,500 48%

Average Sale Price $612,068 $869,271 42%

Properties For Sale 101 101 0%

Average Days on Market 50 82 64%

Months Supply of Inventory 4.39 4.21 -4%

Average List Price $800,129 $674,029 -16%

*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. 2013 Oct. 2014 %Change

Median Price $1,247,500 $1,024,000 -18%

Properties Sold 36 41 14%

Sales Volume $50,737,225 $51,540,397 2%

Average Sale Price $1,409,367 $1,257,083 -11%

Properties For Sale 160 139 -13%

Average Days on Market 46 58 26%

Months Supply of Inventory 4.44 3.39 -24%

Average List Price $1,292,487 $1,557,173 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. 2013 Oct. 2014 %Change

Median Price $500,000 $507,000 1%

Properties Sold 56 46 -18%

Sales Volume $29,850,627 $23,638,677 -21%

Average Sale Price $533,047 $513,884 -4%

Properties For Sale 119 118 -1%

Average Days on Market 51 50 -2%

Months Supply of Inventory 2.13 2.57 21%

Average List Price $546,359 $603,401 10%

*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. 2013 Oct. 2014 %Change

Median Price $2,707,500 $2,250,000 -17%

Properties Sold 2 2 0%

Sales Volume $5,415,000 $4,500,000 -17%

Average Sale Price $2,707,500 $2,250,000 -17%

Properties For Sale 25 31 24%

Average Days on Market 118 89 -25%

Months Supply of Inventory 12.50 15.50 24%

Average List Price $4,083,600 $6,293,556 54%

*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. 2013 Oct. 2014 %Change

Median Price $429,000 $464,450 8%

Properties Sold 20 18 -10%

Sales Volume $8,984,800 $8,414,600 -6%

Average Sale Price $449,240 $467,478 4%

Properties For Sale 25 56 124%

Average Days on Market 42 56 33%

Months Supply of Inventory 1.25 3.11 149%

Average List Price $443,607 $484,061 9%

*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. 2013 Oct. 2014 %Change

Median Price $372,000 $405,100 9%

Properties Sold 13 7 -46%

Sales Volume $5,045,300 $2,809,100 -44%

Average Sale Price $388,100 $401,300 3%

Properties For Sale 23 24 4%

Average Days on Market 37 32 -14%

Months Supply of Inventory 1.77 3.43 94%

Average List Price $396,945 $449,086 13%

*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. 2013 Oct. 2014 %Change

Median Price $422,500 $480,000 14%

Properties Sold 16 19 19%

Sales Volume $6,513,450 $8,811,500 35%

Average Sale Price $407,091 $463,763 14%

Properties For Sale 63 46 -27%

Average Days on Market 51 46 -10%

Months Supply of Inventory 3.94 2.42 -39%

Average List Price $425,454 $445,694 5%

*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. 2013 Oct. 2014 %Change

Median Price $380,000 $450,000 18%

Properties Sold 38 27 -29%

Sales Volume $15,823,398 $12,045,750 -24%

Average Sale Price $416,405 $446,139 7%

Properties For Sale 134 113 -16%

Average Days on Market 47 54 15%

Months Supply of Inventory 3.53 4.19 19%

Average List Price $439,305 $496,561 13%

*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. 2013 Oct. 2014 %Change

Median Price $565,000 $597,500 6%

Properties Sold 64 66 3%

Sales Volume $38,540,450 $39,070,734 1%

Average Sale Price $602,195 $591,981 -2%

Properties For Sale 178 189 6%

Average Days on Market 49 70 43%

Months Supply of Inventory 2.78 2.86 3%

Average List Price $640,395 $649,625 1%

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

Pacoima

Oct. 2013 Oct. 2014 %Change

Median Price $302,500 $287,500 -5%

Properties Sold 20 24 20%

Sales Volume $5,951,400 $7,247,000 22%

Average Sale Price $297,570 $301,958 1%

Properties For Sale 54 40 -26%

Average Days on Market 41 44 7%

Months Supply of Inventory 2.70 1.67 -38%

Average List Price $307,515 $335,917 9%

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. 2013 Oct. 2014 %Change

Median Price $397,000 $415,000 5%

Properties Sold 35 25 -29%

Sales Volume $13,979,249 $10,732,285 -23%

Average Sale Price $399,407 $429,291 7%

Properties For Sale 97 83 -14%

Average Days on Market 48 55 15%

Months Supply of Inventory 2.77 3.32 20%

Average List Price $388,993 $440,804 13%

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

San Fernando

Oct. 2013 Oct. 2014 %Change

Median Price $298,000 $320,000 7%

Properties Sold 13 10 -23%

Sales Volume $3,780,000 $3,125,000 -17%

Average Sale Price $290,769 $312,500 7%

Properties For Sale 39 35 -10%

Average Days on Market 38 46 21%

Months Supply of Inventory 3.00 3.50 17%

Average List Price $342,393 $392,812 15%

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. 2013 Oct. 2014 %Change

Median Price $633,250 $595,000 -6%

Properties Sold 2 2 0%

Sales Volume $1,266,500 $1,190,000 -6%

Average Sale Price $633,250 $595,000 -6%

Properties For Sale 17 15 -12%

Average Days on Market 37 165 346%

Months Supply of Inventory 8.50 7.50 -12%

Average List Price $946,300 $960,000 1%

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. 2013 Oct. 2014 %Change

Median Price $827,630 $833,000 1%

Properties Sold 58 63 9%

Sales Volume $55,143,715 $56,562,915 3%

Average Sale Price $950,754 $897,824 -6%

Properties For Sale 222 182 -18%

Average Days on Market 50 51 2%

Months Supply of Inventory 3.83 2.89 -25%

Average List Price $1,052,434 $1,238,945 18%

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

Studio City

Oct. 2013 Oct. 2014 %Change

Median Price $990,000 $1,200,000 21%

Properties Sold 28 39 39%

Sales Volume $34,145,200 $52,474,639 54%

Average Sale Price $1,219,471 $1,345,504 10%

Properties For Sale 117 90 -23%

Average Days on Market 72 66 -8%

Months Supply of Inventory 4.18 2.31 -45%

Average List Price $1,425,481 $1,547,099 9%

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. 2013 Oct. 2014 %Change

Median Price $384,975 $380,000 -1%

Properties Sold 22 19 -14%

Sales Volume $10,690,950 $8,090,500 -24%

Average Sale Price $485,952 $425,816 -12%

Properties For Sale 77 52 -32%

Average Days on Market 51 58 14%

Months Supply of Inventory 3.50 2.74 -22%

Average List Price $443,119 $471,595 6%

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. 2013 Oct. 2014 %Change

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

Properties Sold 63 41 -35%

Sales Volume $22,605,907 $16,100,500 -29%

Average Sale Price $358,824 $392,695 9%

Properties For Sale 127 112 -12%

Average Days on Market 45 55 22%

Months Supply of Inventory 2.02 2.73 35%

Average List Price $378,011 $426,889 13%

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. 2013 Oct. 2014 %Change

Median Price $832,500 $889,500 7%

Properties Sold 26 22 -15%

Sales Volume $21,797,900 $21,066,500 -3%

Average Sale Price $838,381 $957,568 14%

Properties For Sale 103 127 23%

Average Days on Market 50 72 44%

Months Supply of Inventory 3.96 5.77 46%

Average List Price $1,142,924 $1,148,660 1%

*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. 2013 Oct. 2014 %Change

Median Price $1,135,000 $995,000 -12%

Properties Sold 8 7 -13%

Sales Volume $10,720,000 $8,245,000 -23%

Average Sale Price $1,340,000 $1,177,857 -12%

Properties For Sale 20 26 30%

Average Days on Market 96 90 -6%

Months Supply of Inventory 2.50 3.71 48%

Average List Price $1,246,750 $1,321,789 6%

*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. 2013 Oct. 2014 %Change

Median Price $557,500 $599,500 8%

Properties Sold 10 12 20%

Sales Volume $5,890,000 $7,080,500 20%

Average Sale Price $557,500 $599,500 8%

Properties For Sale 42 47 12%

Average Days on Market 50 80 60%

Months Supply of Inventory 4.20 3.92 -7%

Average List Price $611,720 $686,738 12%

*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. 2013 Oct. 2014 %Change

Median Price $786,548 $934,500 19%

Properties Sold 16 10 -38%

Sales Volume $11,672,595 $9,884,000 -15%

Average Sale Price $729,537 $988,400 35%

Properties For Sale 32 39 22%

Average Days on Market 43 69 60%

Months Supply of Inventory 2.00 3.90 95%

Average List Price $794,508 $872,709 10%

*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. 2013 Oct. 2014 %Change

Median Price $405,000 $475,000 17%

Properties Sold 33 29 -12%

Sales Volume $13,693,149 $14,539,229 6%

Average Sale Price $414,944 $501,353 21%

Properties For Sale 97 86 -11%

Average Days on Market 46 57 24%

Months Supply of Inventory 2.94 2.97 1%

Average List Price $448,880 $512,780 14%

*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. 2013 Oct. 2014 %Change

Median Price $505,000 $540,000 7%

Properties Sold 42 41 -2%

Sales Volume $22,626,800 $25,256,125 12%

Average Sale Price $538,733 $616,003 14%

Properties For Sale 128 141 10%

Average Days on Market 43 58 35%

Months Supply of Inventory 3.05 3.44 13%

Average List Price $595,296 $629,314 6%

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

Winnetka

Oct. 2013 Oct. 2014 %Change

Median Price $417,000 $446,000 7%

Properties Sold 31 20 -35%

Sales Volume $12,674,189 $9,000,000 -29%

Average Sale Price $408,845 $450,000 10%

Properties For Sale 90 78 -13%

Average Days on Market 52 53 2%

Months Supply of Inventory 2.90 3.90 34%

Average List Price $445,115 $449,735 1%

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. 2013 Oct. 2014 %Change

Median Price $651,500 $665,750 2%

Properties Sold 54 62 15%

Sales Volume $38,500,021 $43,926,770 14%

Average Sale Price $712,963 $708,496 -1%

Properties For Sale 220 236 7%

Average Days on Market 63 50 -21%

Months Supply of Inventory 4.07 3.81 -6%

Average List Price $725,357 $857,744 18%

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

RODEO REALTY MARKETING DEPARTMENT