Market Report

Sherman Oaks, CA

Single-Family Homes

Chartwell Escrow | 310.740.1708



Sherman Oaks, CA

Fri Apr 23 2021
This week the median list price for Sherman Oaks, CA is $1,957,500 with the market action index hovering around 61. This is an increase over last month's market action index of 59. Inventory has held steady at or around 56. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Sherman Oaks, CA

Fri Apr 23 2021
This week the median list price for Sherman Oaks, CA is $1,957,500 with the market action index hovering around 61. This is an increase over last month's market action index of 59. Inventory has held steady at or around 56. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sherman Oaks market.
Median List Price $1,957,500
Per Square Foot $697
Days on Market 21
Price Decreased 23%
Price Increased 7%
Relisted 16%
Inventory 56
Median Rent $7,500
Most Expensive $6,995,000
Least Expensive $550,000
Market Action 61
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$3,075,000 4,673 0.5 - 1 acre 5 5 21 2 3 84
$2,212,000 3,638 8,000 - 10,000 sqft 4 5 42 3 3 21
$1,795,000 2,617 8,000 - 10,000 sqft 4 3 66 3 3 10
$1,277,000 1,539 6,500 - 8,000 sqft 3 2 71 4 8 14