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REAL ESTATE MARKET UPDATE |SAN FERNANDO VALLEY|2020 VS 2019

 San Fernando Valley Average Sales Price 2019 – $1,397,279 2020 – $1,586,613 14% increase Average Days On Market2019 – 36 2020 – 32 11% decrease Average Sale Price Per Square Foot 2019 – $585 2020 – $637 9% increase Sale to List Price Ratio 2019 – 97.26% 2020 – 99.36% 2% increase Number of Sold Listings 2019 – 2,120 2020 – 20882% decrease Months Supply of Inventory 2019 – 5 2020 – 42 0% decrease Mortgage Rate 2019 – 3.90% 2020 – 2.95% 24% decrease

REAL ESTATE MARKET UPDATE |SAN FERNANDO VALLEY | NOVEMBER 2020

San Fernando Valley Average Sales Price October 2020 – $1655648 November 2020 – $1648732 0% No Change Average Days On Market October 2020 – 30 November 2020 – 24 20% decrease Average Sale Price Per Square Foot October 2020 – $652 November 2020 – $638 2% decrease Sale to List Price Ratio October 2020 – 100.50% November 2020 – 99.90% 1% decrease Number of Sold Listings October 2020 – 253 November 2020 – 211 17% decrease Months Supply of Inventory October 2020 – 4 November 2020 – 5
25% increase Mortgage Rate October 2020 – 3.03% November 2020 – 3.01%
1% decrease