San Fernando Valley Area

RodeoRE.com

Local Market ReportJune 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

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Arleta

Jun. 2013 Jun. 2014 %Change

Median Price $334,000 $370,000 11%

Properties Sold 18 15 -17%

Sales Volume $5,800,875 $5,320,000 -8%

Average Sale Price $322,271 $354,667 10%

Properties For Sale 39 40 3%

Average Days on Market 38 43 13%

Months Supply of Inventory 2.17 2.67 23%

Average List Price $344,265 $391,117 14%

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

Jun. 2013 Jun. 2014 %Change

Median Price $1,077,500 $1,725,000 60%

Properties Sold 4 1 -75%

Sales Volume $4,595,000 $1,725,000 -62%

Average Sale Price $1,148,750 $1,725,000 50%

Properties For Sale 20 30 50%

Average Days on Market 56 295 427%

Months Supply of Inventory 5.00 30.00 500%

Average List Price $1,419,250 $1,954,600 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

Jun. 2013 Jun. 2014 %Change

Median Price $589,500 $653,500 11%

Properties Sold 68 44 -35%

Sales Volume $42,655,529 $32,628,804 -24%

Average Sale Price $627,287 $741,564 18%

Properties For Sale 106 128 21%

Average Days on Market 43 43 0%

Months Supply of Inventory 1.56 2.91 87%

Average List Price $748,251 $708,658 -5%

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

Jun. 2013 Jun. 2014 %Change

Median Price $1,000,000 $1,010,000 1%

Properties Sold 33 29 -12%

Sales Volume $46,287,000 $36,321,125 -22%

Average Sale Price $1,402,636 $1,252,453 -11%

Properties For Sale 121 137 13%

Average Days on Market 63 55 -13%

Months Supply of Inventory 3.67 4.72 29%

Average List Price $2,165,742 $1,822,441 -16%

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

Chatsworth

Rodeo RealtyR o d e o R E . c om

Jun. 2013 Jun. 2014 %Change

Median Price $540,000 $600,000 11%

Properties Sold 19 17 -11%

Sales Volume $10,971,500 $11,033,034 1%

Average Sale Price $577,447 $649,002 12%

Properties For Sale 83 91 10%

Average Days on Market 42 47 12%

Months Supply of Inventory 4.37 5.35 22%

Average List Price $584,794 $782,237 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

Jun. 2013 Jun. 2014 %Change

Median Price $785,000 $949,000 21%

Properties Sold 46 49 7%

Sales Volume $47,713,700 $53,951,750 13%

Average Sale Price $1,037,254 $1,101,056 6%

Properties For Sale 140 153 9%

Average Days on Market 42 53 26%

Months Supply of Inventory 3.04 3.12 3%

Average List Price $1,295,758 $1,307,687 1%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $460,000 $525,000 14%

Properties Sold 54 41 -24%

Sales Volume $27,210,575 $23,097,336 -15%

Average Sale Price $503,900 $563,350 12%

Properties For Sale 120 111 -8%

Average Days on Market 61 51 -16%

Months Supply of Inventory 2.22 2.71 22%

Average List Price $546,575 $699,033 28%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $3,092,500 $2,347,500 -24%

Properties Sold 6 2 -67%

Sales Volume $24,835,000 $4,695,000 -81%

Average Sale Price $4,139,167 $2,347,500 -43%

Properties For Sale 36 34 -6%

Average Days on Market 155 121 -22%

Months Supply of Inventory 6.00 17.00 183%

Average List Price $2,486,500 $5,047,273 103%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $435,000 $435,000 0%

Properties Sold 21 15 -29%

Sales Volume $9,239,900 $6,513,000 -30%

Average Sale Price $439,995 $434,200 -1%

Properties For Sale 34 48 41%

Average Days on Market 28 52 86%

Months Supply of Inventory 1.62 3.20 98%

Average List Price $459,239 $527,564 15%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $377,500 $386,500 2%

Properties Sold 12 12 0%

Sales Volume $4,636,500 $4,758,000 3%

Average Sale Price $386,375 $396,500 3%

Properties For Sale 16 23 44%

Average Days on Market 42 33 -21%

Months Supply of Inventory 1.33 1.92 44%

Average List Price $333,464 $412,991 24%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $410,000 $442,500 8%

Properties Sold 18 16 -11%

Sales Volume $7,147,000 $7,053,000 -1%

Average Sale Price $397,056 $440,813 11%

Properties For Sale 49 59 20%

Average Days on Market 32 45 41%

Months Supply of Inventory 2.72 3.69 36%

Average List Price $418,632 $482,916 15%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $413,000 $437,000 6%

Properties Sold 32 57 78%

Sales Volume $13,594,250 $25,928,602 91%

Average Sale Price $424,820 $454,888 7%

Properties For Sale 104 102 -2%

Average Days on Market 42 54 29%

Months Supply of Inventory 3.25 1.79 -45%

Average List Price $456,781 $528,997 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

Jun. 2013 Jun. 2014 %Change

Median Price $568,450 $627,500 10%

Properties Sold 82 61 -26%

Sales Volume $47,321,988 $39,590,650 -16%

Average Sale Price $577,097 $649,027 12%

Properties For Sale 173 203 17%

Average Days on Market 42 52 24%

Months Supply of Inventory 2.11 3.33 58%

Average List Price $613,491 $654,258 7%

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

Pacoima

Jun. 2013 Jun. 2014 %Change

Median Price $285,500 $347,000 22%

Properties Sold 20 15 -25%

Sales Volume $5,633,300 $5,165,000 -8%

Average Sale Price $281,665 $344,333 22%

Properties For Sale 56 38 -32%

Average Days on Market 40 64 60%

Months Supply of Inventory 2.80 2.53 -10%

Average List Price $311,088 $316,449 2%

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

Jun. 2013 Jun. 2014 %Change

Median Price $385,000 $408,250 6%

Properties Sold 33 34 3%

Sales Volume $12,503,160 $13,934,175 11%

Average Sale Price $378,884 $409,829 8%

Properties For Sale 86 88 2%

Average Days on Market 27 $48 78%

Months Supply of Inventory 2.61 2.59 -1%

Average List Price $425,088 $433,786 2%

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

San Fernando

Jun. 2013 Jun. 2014 %Change

Median Price $251,000 $309,250 23%

Properties Sold 11 6 -45%

Sales Volume $2,727,400 $1,899,500 -30%

Average Sale Price $247,945 $316,583 28%

Properties For Sale 22 34 55%

Average Days on Market 22 $55 150%

Months Supply of Inventory 2.00 5.67 184%

Average List Price $291,193 $368,941 27%

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

Jun. 2013 Jun. 2014 %Change

Median Price $575,000 $562,500 -2%

Properties Sold 4 4 0%

Sales Volume $2,380,000 $2,282,000 -4%

Average Sale Price $595,000 $570,500 -4%

Properties For Sale 24 16 -33%

Average Days on Market 52 76 46%

Months Supply of Inventory 6.00 4.00 -33%

Average List Price $819,643 $754,969 -8%

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

Jun. 2013 Jun. 2014 %Change

Median Price $774,500 $900,000 16%

Properties Sold 64 49 -23%

Sales Volume $62,124,707 $50,288,824 -19%

Average Sale Price $970,699 $1,026,303 6%

Properties For Sale 185 191 3%

Average Days on Market 51 56 10%

Months Supply of Inventory 2.89 3.90 35%

Average List Price $1,048,278 $1,126,434 7%

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

Studio City

Jun. 2013 Jun. 2014 %Change

Median Price $965,000 $1,195,000 24%

Properties Sold 30 41 37%

Sales Volume $30,909,488 $57,251,059 85%

Average Sale Price $1,030,316 $1,396,367 36%

Properties For Sale 115 99 -14%

Average Days on Market 38 46 21%

Months Supply of Inventory 3.83 2.41 -37%

Average List Price $1,248,102 $1,528,786 22%

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

Jun. 2013 Jun. 2014 %Change

Median Price $362,000 $385,000 6%

Properties Sold 16 23 44%

Sales Volume $5,923,000 $9,565,700 62%

Average Sale Price $370,188 $415,900 12%

Properties For Sale 52 61 17%

Average Days on Market 48 53 10%

Months Supply of Inventory 3.25 2.65 -18%

Average List Price $400,685 $441,777 10%

Rodeo RealtyR o d e o R E . c om

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

Sylmar

Jun. 2013 Jun. 2014 %Change

Median Price $366,250 $402,450 10%

Properties Sold 38 30 -21%

Sales Volume $13,727,110 $11,933,100 -13%

Average Sale Price $361,240 $397,770 10%

Properties For Sale 111 88 -21%

Average Days on Market 35 45 29%

Months Supply of Inventory 2.92 2.93 0%

Average List Price $364,042 $424,447 17%

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

Jun. 2013 Jun. 2014 %Change

Median Price $820,000 $790,000 -4%

Properties Sold 41 27 -34%

Sales Volume $35,940,642 $24,136,750 -33%

Average Sale Price $876,601 $893,954 2%

Properties For Sale 107 115 7%

Average Days on Market 63 61 -3%

Months Supply of Inventory 2.61 4.26 63%

Average List Price $991,302 $1,100,042 11%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $1,020,000 $2,415,000 137%

Properties Sold 5 5 0%

Sales Volume $8,375,000 $11,670,000 39%

Average Sale Price $1,675,000 $2,334,000 39%

Properties For Sale 27 27 0%

Average Days on Market 50 130 160%

Months Supply of Inventory 5.40 5.40 0%

Average List Price $1,526,167 $1,983,681 30%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $580,000 $585,000 1%

Properties Sold 14 13 -7%

Sales Volume $9,047,500 $9,721,000 7%

Average Sale Price $646,250 $747,769 16%

Properties For Sale 47 37 -21%

Average Days on Market 62 47 -24%

Months Supply of Inventory 3.36 2.85 -15%

Average List Price $602,153 $651,177 8%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $732,500 $757,500 3%

Properties Sold 14 12 -14%

Sales Volume $10,270,500 $11,373,500 11%

Average Sale Price $733,607 $947,792 29%

Properties For Sale 47 32 -32%

Average Days on Market 57 50 -12%

Months Supply of Inventory 3.36 2.67 -21%

Average List Price $713,664 $1,045,977 47%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $395,000 $420,000 6%

Properties Sold 27 32 19%

Sales Volume $10,723,500 $13,495,028 26%

Average Sale Price $397,167 $421,720 6%

Properties For Sale 86 84 -2%

Average Days on Market 39 67 72%

Months Supply of Inventory 3.19 2.63 -18%

Average List Price $407,275 $468,040 15%

*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

Jun. 2013 Jun. 2014 %Change

Median Price $524,000 $600,000 15%

Properties Sold 50 35 -30%

Sales Volume $27,099,501 $21,988,200 -19%

Average Sale Price $541,990 $628,234 16%

Properties For Sale 109 113 4%

Average Days on Market 53 59 11%

Months Supply of Inventory 2.18 3.23 48%

Average List Price $596,817 $631,828 6%

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

Winnetka

Jun. 2013 Jun. 2014 %Change

Median Price $388,750 $439,000 13%

Properties Sold 18 31 72%

Sales Volume $6,851,299 $13,339,800 95%

Average Sale Price $380,628 $430,316 13%

Properties For Sale 77 62 -19%

Average Days on Market 34 49 44%

Months Supply of Inventory 4.28 2.00 -53%

Average List Price $423,180 $471,705 11%

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

Jun. 2013 Jun. 2014 %Change

Median Price $664,500 $670,000 1%

Properties Sold 70 69 -1%

Sales Volume $49,603,388 $52,460,617 6%

Average Sale Price $708,620 $760,299 7%

Properties For Sale 206 212 3%

Average Days on Market 59 64 8%

Months Supply of Inventory 2.94 3.07 4%

Average List Price $775,346 $874,097 13%

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

RODEO REALTY MARKETING DEPARTMENT