San Fernando Valley Area

RodeoRE.com

Local Market ReportSeptember 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.

Sept_Valley_2014.indd 1 10/22/2014 5:00:46 PM

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

Sept_Valley_2014.indd 2 10/22/2014 5:00:46 PM

Arleta

Sept 2013 Sept 2014 %Change

Median Price $340,500 $375,000 10%

Properties Sold 16 14 -13%

Sales Volume $5,240,000 $5,177,650 -1%

Average Sale Price $327,500 $369,832 13%

Properties For Sale 48 41 -15%

Average Days on Market 33 69 109%

Months Supply of Inventory 3.00 2.93 -2%

Average List Price $347,621 $377,389 9%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 3 10/22/2014 5:00:47 PM

Bell Canyon

Sept 2013 Sept 2014 %Change

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

Properties Sold 3 3 0%

Sales Volume $3,510,000 $2,871,000 -18%

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

Properties For Sale 35 30 -14%

Average Days on Market 103 41 -60%

Months Supply of Inventory 11.67 10.00 -14%

Average List Price $1,319,500 $1,601,571 21%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 4 10/22/2014 5:00:47 PM

Burbank

Sept 2013 Sept 2014 %Change

Median Price $592,500 $669,000 13%

Properties Sold 54 49 -9%

Sales Volume $33,536,299 $36,648,698 9%

Average Sale Price $621,043 $747,933 20%

Properties For Sale 139 109 -22%

Average Days on Market 41 50 22%

Months Supply of Inventory 2.57 2.22 -14%

Average List Price $680,083 $783,246 15%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 5 10/22/2014 5:00:47 PM

Calabasas

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $1,252,250 $1,675,000 34%

Properties Sold 20 19 -5%

Sales Volume $29,341,562 $36,915,000 26%

Average Sale Price $1,467,078 $1,942,895 32%

Properties For Sale 115 110 -4%

Average Days on Market 58 99 71%

Months Supply of Inventory 5.75 5.79 1%

Average List Price $1,565,298 $1,668,075 7%

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

Sept_Valley_2014.indd 6 10/22/2014 5:00:47 PM

Chatsworth

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $675,000 $528,500 -22%

Properties Sold 16 32 100%

Sales Volume $13,648,500 $20,465,490 50%

Average Sale Price $853,031 $639,547 -25%

Properties For Sale 81 100 23%

Average Days on Market 79 70 -11%

Months Supply of Inventory 5.06 3.13 -38%

Average List Price $667,247 $679,161 2%

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

Sept_Valley_2014.indd 7 10/22/2014 5:00:48 PM

Encino

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $965,000 $1,082,600 12%

Properties Sold 29 29 0%

Sales Volume $30,860,250 $34,740,800 13%

Average Sale Price $1,064,147 $1,197,959 13%

Properties For Sale 160 152 -5%

Average Days on Market 64 67 5%

Months Supply of Inventory 5.52 5.24 -5%

Average List Price $1,466,951 $1,418,351 -3%

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

Sept_Valley_2014.indd 8 10/22/2014 5:00:48 PM

Granada Hills

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $457,500 $539,000 18%

Properties Sold 26 45 73%

Sales Volume $12,847,100 $25,381,300 98%

Average Sale Price $494,119 $564,029 14%

Properties For Sale 122 118 -3%

Average Days on Market 27 38 41%

Months Supply of Inventory 4.69 2.62 -44%

Average List Price $549,202 $601,906 10%

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

Sept_Valley_2014.indd 9 10/22/2014 5:00:48 PM

Hidden Hills

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $2,455,000 $1,725,000 -30%

Properties Sold 2 1 -50%

Sales Volume $4,910,000 $1,725,000 -65%

Average Sale Price $2,455,000 $1,725,000 -30%

Properties For Sale 30 35 17%

Average Days on Market 96 100 4%

Months Supply of Inventory 15.00 35.00 133%

Average List Price $3,840,000 $3,873,000 1%

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

Sept_Valley_2014.indd 10 10/22/2014 5:00:48 PM

Lake Balboa

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $478,000 $487,500 2%

Properties Sold 15 10 -33%

Sales Volume $7,290,000 $4,864,000 -33%

Average Sale Price $486,000 $484,400 0%

Properties For Sale 30 53 77%

Average Days on Market 51 37 -27%

Months Supply of Inventory 2.00 5.30 165%

Average List Price $461,700 $494,988 7%

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

Sept_Valley_2014.indd 11 10/22/2014 5:00:50 PM

Mission Hills

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $375,000 $409,000 9%

Properties Sold 11 8 -27%

Sales Volume $3,908,000 $3,138,000 -20%

Average Sale Price $355,273 $392,250 10%

Properties For Sale 21 16 -24%

Average Days on Market 41 89 117%

Months Supply of Inventory 1.91 2.00 5%

Average List Price $338,400 $404,679 20%

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

Sept_Valley_2014.indd 12 10/22/2014 5:00:50 PM

North Hills

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $420,000 $432,500 3%

Properties Sold 23 16 -30%

Sales Volume $9,939,500 $7,231,500 -27%

Average Sale Price $432,152 $451,969 5%

Properties For Sale 64 56 -13%

Average Days on Market 34 66 94%

Months Supply of Inventory 2.78 3.50 26%

Average List Price $420,152 $432,252 3%

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

Sept_Valley_2014.indd 13 10/22/2014 5:00:50 PM

North Hollywood

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $428,000 $485,000 13%

Properties Sold 33 45 36%

Sales Volume $14,521,095 $22,563,200 55%

Average Sale Price $440,033 $501,404 14%

Properties For Sale 140 106 -24%

Average Days on Market 47 46 -2%

Months Supply of Inventory 4.24 2.36 -44%

Average List Price $472,120 $469,588 -1%

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

Sept_Valley_2014.indd 14 10/22/2014 5:00:50 PM

Northridge

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $570,000 $580,000 2%

Properties Sold 65 64 -2%

Sales Volume $37,734,298 $38,142,299 1%

Average Sale Price $580,528 $595,973 3%

Properties For Sale 191 187 -2%

Average Days on Market 32 70 119%

Months Supply of Inventory 2.94 2.92 -1%

Average List Price $654,818 $698,408 7%

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

Sept_Valley_2014.indd 15 10/22/2014 5:00:50 PM

Pacoima

Sept 2013 Sept 2014 %Change

Median Price $300,000 $350,000 17%

Properties Sold 21 28 33%

Sales Volume $6,088,000 $9,651,900 59%

Average Sale Price $289,905 $344,711 19%

Properties For Sale 50 41 -18%

Average Days on Market 44 41 -7%

Months Supply of Inventory 2.38 1.46 -39%

Average List Price $311,074 $348,060 12%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 16 10/22/2014 5:00:51 PM

Reseda

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $381,000 $416,500 9%

Properties Sold 36 29 -19%

Sales Volume $14,060,000 $12,089,000 -14%

Average Sale Price $390,167 $416,862 7%

Properties For Sale 100 96 -4%

Average Days on Market 32 48 50%

Months Supply of Inventory 2.78 3.31 19%

Average List Price $422,139 $431,073 2%

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

Sept_Valley_2014.indd 17 10/22/2014 5:00:51 PM

San Fernando

Sept 2013 Sept 2014 %Change

Median Price $290,000 $339,450 17%

Properties Sold 11 12 9%

Sales Volume $3,270,500 $4,188,900 28%

Average Sale Price $297,318 $349,075 17%

Properties For Sale 37 32 -14%

Average Days on Market 40 $64 60%

Months Supply of Inventory 3.36 2.67 -21%

Average List Price $288,903 $344,114 19%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 18 10/22/2014 5:00:51 PM

Shadow Hills

Sept 2013 Sept 2014 %Change

Median Price $790,000 $755,000 -4%

Properties Sold 3 2 -33%

Sales Volume $2,467,000 $1,510,000 -39%

Average Sale Price $822,333 $755,000 -8%

Properties For Sale 18 19 6%

Average Days on Market 40 $114 185%

Months Supply of Inventory 6.00 9.50 58%

Average List Price $897,000 $809,680 -10%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 19 10/22/2014 5:00:51 PM

Sherman Oaks

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $803,000 $860,000 7%

Properties Sold 47 61 30%

Sales Volume $45,089,110 $61,693,010 37%

Average Sale Price $959,343 $1,011,361 5%

Properties For Sale 208 200 -4%

Average Days on Market 49 64 31%

Months Supply of Inventory 4.43 3.28 -26%

Average List Price $1,047,687 $1,173,771 12%

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

Sept_Valley_2014.indd 20 10/22/2014 5:00:52 PM

Studio City

Sept 2013 Sept 2014 %Change

Median Price $1,072,000 $960,000 -10%

Properties Sold 34 25 -26%

Sales Volume $43,029,625 $36,794,500 -14%

Average Sale Price $1,265,577 $1,471,780 16%

Properties For Sale 122 106 -13%

Average Days on Market 53 68 28%

Months Supply of Inventory 3.59 4.24 18%

Average List Price $1,208,677 $1,377,894 14%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 21 10/22/2014 5:00:52 PM

Sun Valley

Sept 2013 Sept 2014 %Change

Median Price $327,000 $395,000 21%

Properties Sold 19 13 -32%

Sales Volume $6,430,000 $5,480,000 -15%

Average Sale Price $338,421 $421,538 25%

Properties For Sale 76 55 -28%

Average Days on Market 41 59 44%

Months Supply of Inventory 4.00 4.23 6%

Average List Price $498,414 $502,226 1%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 22 10/22/2014 5:00:52 PM

Sylmar

Sept 2013 Sept 2014 %Change

Median Price $367,000 $405,000 10%

Properties Sold 37 36 -3%

Sales Volume $13,354,500 $14,716,000 10%

Average Sale Price $360,932 $408,778 13%

Properties For Sale 127 101 -20%

Average Days on Market 49 50 2%

Months Supply of Inventory 3.43 2.81 -18%

Average List Price $380,989 $420,687 10%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 23 10/22/2014 5:00:52 PM

Tarzana

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $812,500 $634,000 -22%

Properties Sold 28 16 -43%

Sales Volume $25,832,450 $18,144,000 -30%

Average Sale Price $922,588 $1,008,000 9%

Properties For Sale 97 122 26%

Average Days on Market 42 71 69%

Months Supply of Inventory 3.46 6.78 96%

Average List Price $861,419 $1,275,995 48%

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

Sept_Valley_2014.indd 24 10/22/2014 5:00:52 PM

Toluca Lake

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $850,000 $814,240 -4%

Properties Sold 5 6 20%

Sales Volume $4,599,000 $6,423,480 40%

Average Sale Price $919,800 $1,070,580 16%

Properties For Sale 26 28 8%

Average Days on Market 72 62 -14%

Months Supply of Inventory 5.20 4.67 -10%

Average List Price $3,577,439 $1,416,500 -60%

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

Sept_Valley_2014.indd 25 10/22/2014 5:00:53 PM

Valley Glen

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $592,000 $635,000 7%

Properties Sold 20 15 -25%

Sales Volume $12,612,900 $9,514,500 -25%

Average Sale Price $630,645 $634,300 1%

Properties For Sale 39 42 8%

Average Days on Market 49 57 16%

Months Supply of Inventory 1.95 2.80 44%

Average List Price $621,640 $655,317 5%

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

Sept_Valley_2014.indd 26 10/22/2014 5:00:53 PM

Valley Village

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $770,000 $821,500 7%

Properties Sold 11 9 -18%

Sales Volume $9,043,000 $9,165,500 1%

Average Sale Price $822,091 $1,018,389 24%

Properties For Sale 33 31 -6%

Average Days on Market 50 50 0%

Months Supply of Inventory 3.00 3.44 15%

Average List Price $775,445 $983,099 27%

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

Sept_Valley_2014.indd 27 10/22/2014 5:00:53 PM

Van Nuys

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $423,000 $401,000 -5%

Properties Sold 21 27 29%

Sales Volume $9,721,500 $11,593,166 19%

Average Sale Price $462,929 $429,377 -7%

Properties For Sale 95 91 -4%

Average Days on Market 46 57 24%

Months Supply of Inventory 4.52 3.37 -25%

Average List Price $445,952 $487,512 9%

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

Sept_Valley_2014.indd 28 10/22/2014 5:00:53 PM

West Hills

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $574,000 $523,500 -9%

Properties Sold 42 30 -29%

Sales Volume $26,315,600 $17,514,000 -33%

Average Sale Price $626,562 $583,800 -7%

Properties For Sale 127 131 3%

Average Days on Market 59 75 27%

Months Supply of Inventory 3.02 4.37 45%

Average List Price $587,282 $639,393 9%

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

Sept_Valley_2014.indd 29 10/22/2014 5:00:53 PM

Winnetka

Sept 2013 Sept 2014 %Change

Median Price $420,000 $449,000 7%

Properties Sold 28 18 -36%

Sales Volume $11,796,900 $8,365,400 -29%

Average Sale Price $421,318 $464,744 10%

Properties For Sale 88 72 -18%

Average Days on Market 38 63 66%

Months Supply of Inventory 3.14 4.00 27%

Average List Price $436,816 $450,784 3%

Rodeo RealtyR o d e o R E . c om

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

Sept_Valley_2014.indd 30 10/22/2014 5:00:54 PM

Woodland Hills

Rodeo RealtyR o d e o R E . c om

Sept 2013 Sept 2014 %Change

Median Price $650,000 $739,250 14%

Properties Sold 65 50 -23%

Sales Volume $48,167,895 $40,178,800 -17%

Average Sale Price $741,045 $803,576 8%

Properties For Sale 226 236 4%

Average Days on Market 60 65 8%

Months Supply of Inventory 3.48 4.72 36%

Average List Price $782,379 $850,222 9%

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

Sept_Valley_2014.indd 31 10/22/2014 5:00:54 PM

RODEO REALTY MARKETING DEPARTMENT

Sept_Valley_2014.indd 32 10/22/2014 5:00:54 PM