Chartwell Escrow

Sherman Oaks, CA

Single-Family Homes

Active Market Report | Weekly Update



Sherman Oaks, CA

Wed Jun 25 2025
This week the median list price for Sherman Oaks, CA is $2,496,000 with the market action index hovering around 27. This is less than last month's market action index of 35. Inventory has held steady at or around 162. Click here to stay informed with the Sherman Oaks market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Sherman Oaks, CA

Wed Jun 25 2025
This week the median list price for Sherman Oaks, CA is $2,496,000 with the market action index hovering around 27. This is less than last month's market action index of 35. Inventory has held steady at or around 162. Click here to stay informed with the Sherman Oaks market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Sherman Oaks market.
Median List Price $2,496,000
Median Price of New Listings $2,394,000
Per Square Foot $856
Average Days on Market 83
Median Days on Market 56
Price Decreased 30%
Price Increased 1%
Relisted 26%
Inventory 162
Median Rent
Market Action 27
Slight Buyer's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,999,999 4,650 0.25 - 0.5 acre 5 5.5 10 5 3 63
$2,995,000 3,540 8,000 - 10,000 sqft 4 4 49 0 0 98
$2,295,000 2,766 6,500 - 8,000 sqft 4 3 69 2 3 56
$1,689,000 1,919 6,500 - 8,000 sqft 3 2.5 73 5 5 28