Local Market Report

Sherman Oaks, CA

Single-Family Homes



Sherman Oaks, CA

Sat Nov 27 2021
This week the median list price for Sherman Oaks, CA is $2,195,000 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has increased to 52. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Sherman Oaks, CA

Sat Nov 27 2021
This week the median list price for Sherman Oaks, CA is $2,195,000 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has increased to 52. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Sherman Oaks market.
Median List Price $2,195,000
Median Price of New Listings $1,899,000
Per Square Foot $784
Average Days on Market 79
Median Days on Market 35
Price Decreased 27%
Price Increased 8%
Relisted 13%
Inventory 52
Median Rent $7,999
Market Action 58
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$3,900,000 5,095 0.25 - 0.5 acre 5 6 47 2 1 42
$2,500,000 3,378 8,000 - 10,000 sqft 4 4 61 3 2 14
$1,849,000 2,313 6,500 - 8,000 sqft 4 3 59 4 5 14
$1,349,000 1,763 4,500 - 6,500 sqft 3 2 71 3 2 35