San Fernando Valley Market Report March 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

This provides real estate market data for the San Fernando area of Los Angeles.

Transcript of San Fernando Valley Market Report March 2013

Page 1: San Fernando Valley Market Report March 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.

Page 2: San Fernando Valley Market Report March 2013

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

Page 3: San Fernando Valley Market Report March 2013

Arleta

April 2012 April 2013 %Change

Median Price $263,000 $325,000 24

Properties Sold 17 17 0

Sales Volume $4,298,399 $5,560,000 29

Average Sale Price $252,847 $327,059 29

Properties For Sale 66 36 -45

Average Days on Market 69 45 -35

Month’s Supply of Inventory 3.88 2.12 -45

Average List Price $270,826 $317,070 17

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.

Page 4: San Fernando Valley Market Report March 2013

Burbank

April 2012 April 2013 %Change

Median Price $502,500 $600,000 19

Properties Sold 34 43 26

Sales Volume $20,142,050 $26,155,900 30

Average Sale Price $592,413 $608,277 3

Properties For Sale 175 107 -39

Average Days on Market 64 43 -33

Month’s Supply of Inventory 5.15 2.49 -52

Average List Price $567,068 $697,101 23

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.

Page 5: San Fernando Valley Market Report March 2013

Calabasas

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

April 2012 April 2013 %Change

Median Price $837,000 $1,179,500 41

Properties Sold 20 14 -30

Sales Volume $20,122,000 $17,296,000 -14

Average Sale Price $1,006,100 $1,235,429 23

Properties For Sale 162 103 -36

Average Days on Market 88 54 -39

Month’s Supply of Inventory 8.10 7.36 -9

Average List Price $1,634,133 $1,778,358 9

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

Page 6: San Fernando Valley Market Report March 2013

Chatsworth

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

April 2012 April 2013 %Change

Median Price $412,500 $530,000 28

Properties Sold 24 25 4

Sales Volume $11,178,000 $14,770,900 32

Average Sale Price $465,750 $590,836 27

Properties For Sale 134 47 -65

Average Days on Market 96 54 -44

Month’s Supply of Inventory 5.58 1.88 -66

Average List Price $571,023 $842,392 48

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

Page 7: San Fernando Valley Market Report March 2013

Encino

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

April 2012 April 2013 %Change

Median Price $925,000 $1,032,500 12

Properties Sold 41 36 -12

Sales Volume $41,310,197 $46,482,260 13

Average Sale Price $1,007,556 $1,219,174 21

Properties For Sale 147 122 -17

Average Days on Market 74 76 3

Month’s Supply of Inventory 3.59 3.39 -6

Average List Price $1,109,904 $1,220,360 10

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

Page 8: San Fernando Valley Market Report March 2013

Granada Hills

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

April 2012 April 2013 %Change

Median Price $360,000 $425,000 18

Properties Sold 50 36 -28

Sales Volume $18,870,750 $15,808,064 -16

Average Sale Price $377,415 $439,113 16

Properties For Sale 154 84 -45

Average Days on Market 74 33 -55

Month’s Supply of Inventory 3.08 2.33 -24

Average List Price $447,554 $511,441 14

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

Page 9: San Fernando Valley Market Report March 2013

Hidden Hills

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

April 2012 April 2013 %Change

Median Price $2,725,000 $2,268,750 -17

Properties Sold 2 4 100

Sales Volume $5,450,000 $9,337,500 71

Average Sale Price $2,725,000 $2,334,375 -14

Properties For Sale 28 31 11

Average Days on Market 116 77 -34

Month’s Supply of Inventory 14 7.75 -45

Average List Price $3,208,000 $6,175,000 92

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

Page 10: San Fernando Valley Market Report March 2013

Lake Balboa

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

April 2012 April 2013 %Change

Median Price $339,500 $415,000 22

Properties Sold 20 17 -15

Sales Volume $6,977,500 $7,135,650 2

Average Sale Price $348,875 $419,744 20

Properties For Sale 49 29 -41

Average Days on Market 96 30 -69

Month’s Supply of Inventory 2.45 1.71 -30

Average List Price $402,973 $449,524 12

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

Page 11: San Fernando Valley Market Report March 2013

Mission Hills

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

April 2012 April 2013 %Change

Median Price $290,000 $352,000 21

Properties Sold 13 13 0

Sales Volume $3,764,700 $4,476,000 19

Average Sale Price $289,592 $344,308 19

Properties For Sale 42 20 -52

Average Days on Market 73 46 -37

Month’s Supply of Inventory 3.23 1.54 -52

Average List Price $278,554 $374,157 34

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

Page 12: San Fernando Valley Market Report March 2013

North Hills

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

April 2012 April 2013 %Change

Median Price $325,000 $378,500 16

Properties Sold 23 21 -9

Sales Volume $7,521,825 $8,040,400 7

Average Sale Price $327,036 $382,876 17

Properties For Sale 99 40 -60

Average Days on Market 72 35 -51

Month’s Supply of Inventory 4.3 1.9 -56

Average List Price $311,597 $372,184 19

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

Page 13: San Fernando Valley Market Report March 2013

North Hollywood

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

April 2012 April 2013 %Change

Median Price $298,750 $363,000 22

Properties Sold 42 51 21

Sales Volume $13,273,000 $19,589,699 48

Average Sale Price $316,024 $384,033 22

Properties For Sale 201 79 -61

Average Days on Market 71 53 -25

Month’s Supply of Inventory 4.79 1.55 -68

Average List Price $329,770 $408,466 24

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

Page 14: San Fernando Valley Market Report March 2013

Northridge

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

April 2012 April 2013 %Change

Median Price $470,000 $575,000 22

Properties Sold 77 67 -13

Sales Volume $38,271,699 $39,305,306 3

Average Sale Price $497,035 $586,646 18

Properties For Sale 260 126 -52

Average Days on Market 87 40 -54

Month’s Supply of Inventory 3.38 1.88 -44

Average List Price $549,034 $634,553 16

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

Page 15: San Fernando Valley Market Report March 2013

Pacoima

April 2012 April 2013 %Change

Median Price $225,000 $279,000 24

Properties Sold 31 19 -39

Sales Volume $6,908,090 $5,056,000 -27

Average Sale Price $222,842 $266,105 19

Properties For Sale 118 36 -69

Average Days on Market 77 25 -68

Month’s Supply of Inventory 3.81 1.89 -50

Average List Price $250,481 $292,287 17

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.

Page 16: San Fernando Valley Market Report March 2013

Reseda

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

April 2012 April 2013 %Change

Median Price $276,000 $362,000 31

Properties Sold 28 26 -7

Sales Volume $8,225,874 $9,052,750 10

Average Sale Price $293,781 $348,183 19

Properties For Sale 164 40 -76

Average Days on Market 81 38 -53

Month’s Supply of Inventory 5.86 1.54 -74

Average List Price $303,006 $373,333 23

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

Page 17: San Fernando Valley Market Report March 2013

San Fernando

April 2012 April 2013 %Change

Median Price $205,000 $302,500 48

Properties Sold 13 11 -15

Sales Volume $2,897,199 $3,118,500 8

Average Sale Price $222,861 $283,500 27

Properties For Sale 52 13 -75

Average Days on Market 86 47 -45

Month’s Supply of Inventory 4 1.18 -71

Average List Price $257,461 $299,307 16

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.

Page 18: San Fernando Valley Market Report March 2013

Shadow Hills

April 2012 April 2013 %Change

Median Price $450,000 $753,000 67

Properties Sold 1 3 200

Sales Volume $450,000 $2,259,000 402

Average Sale Price $450,000 $753,000 67

Properties For Sale 25 12 -52

Average Days on Market 35 168 380

Month’s Supply of Inventory 25 4 -84

Average List Price $933,809 $955,250 2

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.

Page 19: San Fernando Valley Market Report March 2013

Sherman Oaks

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

April 2012 April 2013 %Change

Median Price $699,000 $782,750 12

Properties Sold 47 60 28

Sales Volume $36,048,150 $53,500,786 48

Average Sale Price $766,982 $891,680 16

Properties For Sale 227 156 -31

Average Days on Market 74 51 -31

Month’s Supply of Inventory 4.83 2.6 -46

Average List Price $920,871 $1,026,111 11

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

Page 20: San Fernando Valley Market Report March 2013

Studio City

April 2012 April 2013 %Change

Median Price $905,000 $875,000 -3

Properties Sold 27 31 15

Sales Volume $28,392,000 $37,777,000 33

Average Sale Price $1,051,556 $1,218,613 16

Properties For Sale 110 73 -34

Average Days on Market 98 54 -45

Month’s Supply of Inventory 4.07 2.35 -42

Average List Price $1,384,591 $1,213,070 -12

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.

Page 21: San Fernando Valley Market Report March 2013

Sun Valley

April 2012 April 2013 %Change

Median Price $260,000 $310,000 19

Properties Sold 25 23 -8

Sales Volume $6,915,778 $7,533,000 9

Average Sale Price $276,631 $327,522 18

Properties For Sale 91 43 -53

Average Days on Market 80 38 -53

Month’s Supply of Inventory 3.64 1.87 -49

Average List Price $340,414 $371,352 9

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.

Page 22: San Fernando Valley Market Report March 2013

Sylmar

April 2012 April 2013 %Change

Median Price $289,000 $334,000 16

Properties Sold 65 45 -31

Sales Volume $18,827,857 $15,053,400 -20

Average Sale Price $289,659 $334,520 15

Properties For Sale 265 76 -71

Average Days on Market 76 45 -41

Month’s Supply of Inventory 4.08 1.69 -59

Average List Price $308,885 $406,364 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.

Page 23: San Fernando Valley Market Report March 2013

Tarzana

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

April 2012 April 2013 %Change

Median Price $465,000 $723,000 55

Properties Sold 25 27 8

Sales Volume $16,889,699 $20,569,026 22

Average Sale Price $675,588 $761,816 13

Properties For Sale 139 86 -38

Average Days on Market 117 50 -57

Month’s Supply of Inventory 5.56 3.19 -43

Average List Price $856,060 $1,020,384 19

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

Page 24: San Fernando Valley Market Report March 2013

Toluca Lake

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

April 2012 April 2013 %Change

Median Price $1,479,538 $1,620,338 10

Properties Sold 4 11 175

Sales Volume $3,092,000 $14,780,000 378

Average Sale Price $773,000 $1,343,636 74

Properties For Sale 43 19 -56

Average Days on Market 53 68 28

Month’s Supply of Inventory 10.75 1.73 -84

Average List Price $1,479,538 $1,620,338 10

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

Page 25: San Fernando Valley Market Report March 2013

Valley Glen

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

April 2012 April 2013 %Change

Median Price $420,500 $565,000 34

Properties Sold 12 11 -8

Sales Volume $5,299,000 $6,015,000 14

Average Sale Price $441,583 $546,818 24

Properties For Sale 34 23 -32

Average Days on Market 87 24 -72

Month’s Supply of Inventory 2.83 2.09 -26

Average List Price $513,182 $653,393 27

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

Page 26: San Fernando Valley Market Report March 2013

Valley Village

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

April 2012 April 2013 %Change

Median Price $486,450 $595,000 22

Properties Sold 8 7 -13

Sales Volume $4,052,900 $4,483,000 11

Average Sale Price $506,613 $640,429 26

Properties For Sale 51 32 -37

Average Days on Market 54 47 -13

Month’s Supply of Inventory 6.38 4.57 -28

Average List Price $711,994 $775,621 9

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

Page 27: San Fernando Valley Market Report March 2013

Van Nuys

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

April 2012 April 2013 %Change

Median Price $297,450 $375,000 26

Properties Sold 40 31 -23

Sales Volume $12,158,306 $11,547,500 -5

Average Sale Price $303,958 $372,500 23

Properties For Sale 174 49 -72

Average Days on Market 90 61 -32

Month’s Supply of Inventory 4.35 1.58 -64

Average List Price $340,764 $402,579 18

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

Page 28: San Fernando Valley Market Report March 2013

West Hills

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

April 2012 April 2013 %Change

Median Price $437,500 $499,000 14

Properties Sold 44 55 25

Sales Volume $20,925,000 $30,732,418 47

Average Sale Price $475,568 $558,771 17

Properties For Sale 151 99 -34

Average Days on Market 85 50 -41

Month’s Supply of Inventory 3.43 1.8 -48

Average List Price $501,966 $623,486 24

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

Page 29: San Fernando Valley Market Report March 2013

Winnetka

April 2012 April 2013 %Change

Median Price $320,000 $404,250 26

Properties Sold 24 26 8

Sales Volume $7,698,100 $10,580,900 37

Average Sale Price $320,754 $406,958 27

Properties For Sale 106 45 -58

Average Days on Market 83 28 -66

Month’s Supply of Inventory 4.42 1.73 -61

Average List Price $327,856 $413,417 26

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.

Page 30: San Fernando Valley Market Report March 2013

Woodland Hills

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

April 2012 April 2013 %Change

Median Price $538,750 $637,500 18

Properties Sold 56 92 64

Sales Volume $30,612,460 $64,085,160 109

Average Sale Price $546,651 $696,578 27

Properties For Sale 261 164 -37

Average Days on Market 83 68 -18

Month’s Supply of Inventory 4.66 1.78 -62

Average List Price $588,508 $775,442 32

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

Page 31: San Fernando Valley Market Report March 2013

RODEO REALTY MARKETING DEPARTMENT