Annette Colón

Sherman Oaks, CA 91423

Single-Family Homes

Real Estate Professional



Sherman Oaks, CA 91423

Mon May 17 2021
This week the median list price for Sherman Oaks, CA 91423 is $1,850,000 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has held steady at or around 33. 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 91423

Mon May 17 2021
This week the median list price for Sherman Oaks, CA 91423 is $1,850,000 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has held steady at or around 33. 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 $1,850,000
Median Price of New Listings $1,522,000
Per Square Foot $726
Average Days on Market 78
Median Days on Market 21
Price Decreased 21%
Price Increased 6%
Relisted 15%
Inventory 33
Median Rent $7,500
Market Action 60
Strong Seller's Market

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly 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
$2,849,499 4,827 0.25 - 0.5 acre 5 5 16 2 1 14
$2,260,000 3,362 6,500 - 8,000 sqft 4 4 72 1 1 24
$1,695,000 2,492 8,000 - 10,000 sqft 3 2 72 2 1 21
$1,200,000 1,652 6,500 - 8,000 sqft 3 2 69 5 1 7