San Fernando Valley Local Market Report December 2013
32
San Fernando Valley Area RodeoRE.com Local Market Report December 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.
-
Upload
rodeo-realty -
Category
Documents
-
view
214 -
download
0
description
Local real estate market report for the San Fernando Valley featuring year-over-year data on sales volume and pricing.
Transcript of San Fernando Valley Local Market Report December 2013
San Fernando Valley Area
RodeoRE.com
Local Market ReportDecember 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
Dec. 2012 Dec. 2013 %Change
Median Price $264,500 $327,500 24
Properties Sold 20 20 0
Sales Volume $5,300,797 $6,270,500 18
Average Sale Price $265,040 $313,525 18
Properties For Sale 44 28 -36
Average Days on Market 47 40 -15
Month’s Supply of Inventory 2.20 1.40 -36
Average List Price $289,063 $341,338 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
Dec. 2012 Dec. 2013 %Change
Median Price $1,100,000 $830,000 -25
Properties Sold 5 3 -40
Sales Volume $5,284,000 $2,881,500 -45
Average Sale Price $1,056,800 $960,500 -9
Properties For Sale 19 21 11
Average Days on Market 175 121 -31
Month’s Supply of Inventory 3.80 7.00 84
Average List Price $1,327,750 $1,140,750 -14
Rodeo RealtyR o d e o R E . c om
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Burbank
Dec. 2012 Dec. 2013 %Change
Median Price $544,500 $580,000 7
Properties Sold 60 49 -18
Sales Volume $34,498,000 $31,471,479 -9
Average Sale Price $574,967 $642,275 12
Properties For Sale 102 91 -11
Average Days on Market 62 45 -27
Month’s Supply of Inventory 1.70 1.86 9
Average List Price $543,971 $676,069 24
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
Dec. 2012 Dec. 2013 %Change
Median Price $805,000 $1,150,000 43
Properties Sold 18 19 6
Sales Volume $19,795,940 $29,257,600 48
Average Sale Price $1,099,774 $1,539,874 40
Properties For Sale 77 83 8
Average Days on Market 125 106 -15
Month’s Supply of Inventory 4.28 4.37 2
Average List Price $1,532,520 $1,678,193 10
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Chatsworth
Rodeo RealtyR o d e o R E . c om
Dec. 2012 Dec. 2013 %Change
Median Price $441,400 $452,500 3
Properties Sold 29 24 -17
Sales Volume $13,248,300 $12,693,400 -4
Average Sale Price $456,838 $528,892 16
Properties For Sale 65 62 -5
Average Days on Market 55 42 -24
Month’s Supply of Inventory 2.24 2.58 15
Average List Price $676,722 $539,900 -20
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Encino
Rodeo RealtyR o d e o R E . c om
Dec. 2012 Dec. 2013 %Change
Median Price $850,000 $785,000 -8
Properties Sold 39 35 -8
Sales Volume $38,448,750 $47,215,565 23
Average Sale Price $985,865 $1,311,543 33
Properties For Sale 103 95 -8
Average Days on Market 79 67 -15
Month’s Supply of Inventory 2.64 2.64 0
Average List Price $1,144,096 $1,313,958 15
*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
Dec. 2012 Dec. 2013 %Change
Median Price $425,000 $494,500 16
Properties Sold 44 35 -20
Sales Volume $18,892,847 $17,505,900 -7
Average Sale Price $429,383 $500,169 16
Properties For Sale 97 74 -24
Average Days on Market 48 35 -27
Month’s Supply of Inventory 2.20 2.11 -4
Average List Price $416,912 $550,047 32
*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
Dec. 2012 Dec. 2013 %Change
Median Price $2,387,500 $3,612,500 51
Properties Sold 4 2 -50
Sales Volume $9,470,000 $7,225,000 -24
Average Sale Price $2,367,500 $3,612,500 53
Properties For Sale 21 18 -14
Average Days on Market 78 81 4
Month’s Supply of Inventory 12.00 6.67 -44
Average List Price $3,833,333 $10,421,667 172
*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
Dec. 2012 Dec. 2013 %Change
Median Price $383,000 $440,000 15
Properties Sold 11 11 0
Sales Volume $4,253,000 $5,029,300 18
Average Sale Price $386,636 $457,209 18
Properties For Sale 30 23 -23
Average Days on Market 57 33 -42
Month’s Supply of Inventory 2.73 2.09 -23
Average List Price $545,667 $497,627 -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
Dec. 2012 Dec. 2013 %Change
Median Price $315,000 $377,500 20
Properties Sold 17 9 -47
Sales Volume $5,370,500 $3,571,500 -33
Average Sale Price $315,912 $396,833 26
Properties For Sale 22 15 -32
Average Days on Market 29 37 28
Month’s Supply of Inventory 1.29 1.67 29
Average List Price $324,080 $383,350 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
Dec. 2012 Dec. 2013 %Change
Median Price $330,000 $411,000 25
Properties Sold 22 19 -14
Sales Volume $7,344,549 $7,538,900 3
Average Sale Price $333,843 $396,784 19
Properties For Sale 50 36 -28
Average Days on Market 90 60 -33
Month’s Supply of Inventory 2.27 1.89 -17
Average List Price $344,123 $433,415 26
*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
Dec. 2012 Dec. 2013 %Change
Median Price $312,500 $403,000 29
Properties Sold 38 41 8
Sales Volume $12,291,451 $16,545,800 35
Average Sale Price $323,459 $403,556 25
Properties For Sale 117 193 -21
Average Days on Market 48 33 -31
Month’s Supply of Inventory 3.08 2.27 -26
Average List Price $364,404 $424,105 16
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Northridge
Rodeo RealtyR o d e o R E . c om
Dec. 2012 Dec. 2013 %Change
Median Price $480,000 $563,000 17
Properties Sold 72 68 -6
Sales Volume $36,738,362 $39,525,000 8
Average Sale Price $510,255 $581,257 14
Properties For Sale 123 100 -19
Average Days on Market 62 47 -24
Month’s Supply of Inventory 1.71 1.47 -14
Average List Price $495,347 $629,197 27
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Pacoima
Dec. 2012 Dec. 2013 %Change
Median Price $286,000 $330,000 15
Properties Sold 43 22 -49
Sales Volume $11,500,294 $7,336,400 -36
Average Sale Price $267,449 $333,473 25
Properties For Sale 53 35 -34
Average Days on Market 45 57 27
Month’s Supply of Inventory 1.23 1.59 29
Average List Price $257,259 $309,705 20
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
Dec. 2012 Dec. 2013 %Change
Median Price $310,000 $399,950 10
Properties Sold 35 30 -14
Sales Volume $11,138,900 $11,992,550 8
Average Sale Price $318,254 $399,752 26
Properties For Sale 70 65 -7
Average Days on Market 74 52 -30
Month’s Supply of Inventory 2.00 2.17 9
Average List Price $348,711 $394,325 13
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
San Fernando
Dec. 2012 Dec. 2013 %Change
Median Price $265,000 $307,000 16
Properties Sold 15 13 -13
Sales Volume $3,995,500 $3,913,300 -2
Average Sale Price $266,367 $301,023 13
Properties For Sale 15 13 -13
Average Days on Market 40 46 15
Month’s Supply of Inventory 1.60 1.85 16
Average List Price $252,596 $327,275 30
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
Dec. 2012 Dec. 2013 %Change
Median Price $655,000 $627,500 -4
Properties Sold 2 3 50
Sales Volume $1,310,000 $2,347,500 79
Average Sale Price $655,000 $782,500 19
Properties For Sale 16 7 -56
Average Days on Market 262 142 -46
Month’s Supply of Inventory 8.00 2.33 -71
Average List Price $875,000 $1,547,000 77
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
Dec. 2012 Dec. 2013 %Change
Median Price $725,000 $840,000 16
Properties Sold 48 45 -6
Sales Volume $41,858,993 $42,269,707 1
Average Sale Price $872,062 $939,237 8
Properties For Sale 122 129 6
Average Days on Market 71 62 -13
Month’s Supply of Inventory 2.54 2.87 13
Average List Price $832,071 $1,182,021 42
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Studio City
Dec. 2012 Nov. 2013 %Change
Median Price $967,000 $1,024,000 6
Properties Sold 28 30 7
Sales Volume $39,528,000 $35,076,000 -11
Average Sale Price $1,411,714 $1,169,200 -17
Properties For Sale 80 71 -11
Average Days on Market 55 67 22
Month’s Supply of Inventory 2.86 2.37 -17
Average List Price $1,514,262 $1,577,995 4
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
Dec. 2012 Dec. 2013 %Change
Median Price $295,000 $370,000 25
Properties Sold 21 19 -10
Sales Volume $6,739,900 $7,546,500 12
Average Sale Price $320,948 $397,184 24
Properties For Sale 59 40 -32
Average Days on Market 68 43 -37
Month’s Supply of Inventory 2.81 2.11 -25
Average List Price $327,015 $347,981 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
Dec. 2012 Dec. 2013 %Change
Median Price $325,000 $363,750 12
Properties Sold 46 44 -4
Sales Volume $15,037,893 $16,340,022 9
Average Sale Price $326,911 $371,364 14
Properties For Sale 115 72 -37
Average Days on Market 52 56 8
Month’s Supply of Inventory 2.50 1.64 -34
Average List Price $305,285 $432,068 42
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
Dec. 2012 Dec. 2013 %Change
Median Price $770,000 $782,630 2
Properties Sold 27 16 -41
Sales Volume $23,954,785 $12,524,980 -48
Average Sale Price $887,214 $782,811 -12
Properties For Sale 97 63 -35
Average Days on Market 85 88 4
Month’s Supply of Inventory 3.59 3.94 10
Average List Price $880,483 $1,012,203 15
*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
Dec. 2012 Dec. 2013 %Change
Median Price $865,000 $1,400,000 62
Properties Sold 8 7 -13
Sales Volume $11,671,000 $10,221,000 -12
Average Sale Price $1,458,875 $1,460,143 0
Properties For Sale 25 15 -40
Average Days on Market 149 77 -48
Month’s Supply of Inventory 3.13 2.14 -32
Average List Price $1,240,571 $727,450 -41
*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
Dec. 2012 Dec. 2013 %Change
Median Price $507,500 $605,000 19
Properties Sold 18 13 -28
Sales Volume $9,764,000 $7,909,500 -19
Average Sale Price $542,444 $608,423 12
Properties For Sale 20 21 5
Average Days on Market 70 58 -17
Month’s Supply of Inventory 1.11 1.62 46
Average List Price $584,800 $550,925 -6
*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
Dec. 2012 Dec. 2013 %Change
Median Price $575,000 $740,000 29
Properties Sold 13 8 -38
Sales Volume $8,024,000 $6,203,500 -23
Average Sale Price $617,231 $775,438 26
Properties For Sale 31 28 -10
Average Days on Market 44 67 52
Month’s Supply of Inventory 2.38 3.50 47
Average List Price $769,108 $734,800 -4
*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
Dec. 2012 Dec. 2013 %Change
Median Price $311,000 $410,000 32
Properties Sold 43 26 -40
Sales Volume $13,845,709 $10,666,800 -23
Average Sale Price $321,993 $410,262 27
Properties For Sale 82 60 -27
Average Days on Market 54 49 -9
Month’s Supply of Inventory 1.91 2.31 21
Average List Price $336,023 $481,106 43
*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
Dec. 2012 Dec. 2013 %Change
Median Price $440,000 $530,000 20
Properties Sold 47 38 -19
Sales Volume $23,927,500 $22,653,500 -5
Average Sale Price $509,096 $596,145 17
Properties For Sale 119 114 -4
Average Days on Market 75 70 -7
Month’s Supply of Inventory 2.09 2.37 13
Average List Price $501,342 $636,654 27
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Winnetka
Dec. 2012 Dec. 2013 %Change
Median Price $339,000 $425,000 24
Properties Sold 31 36 16
Sales Volume $10,923,000 $15,030,700 38
Average Sale Price $352,355 $417,519 18
Properties For Sale 48 41 -15
Average Days on Market 59 55 -7
Month’s Supply of Inventory 1.55 1.14 -26
Average List Price $374,012 $431,729 15
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
Dec. 2012 Dec. 2013 %Change
Median Price $560,000 $633,250 13
Properties Sold 60 58 -3
Sales Volume $37,677,950 $40,413,999 7
Average Sale Price $627,966 $696,793 11
Properties For Sale 175 135 -23
Average Days on Market 67 67 0
Month’s Supply of Inventory 2.92 2.33 -20
Average List Price $675,169 $816,564 21
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
RODEO REALTY MARKETING DEPARTMENT
