This Week’s Market Overview
The median list price for Encino, CA 91316 is $1,425,000, reflecting a stable and balanced market as the new year begins. Inventory currently stands at approximately 172 active homes, giving buyers more selection while still maintaining a slight seller’s advantage for well-priced properties.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 35 (Slight Seller’s Advantage)
- Last Month’s MAI: 35
The MAI remains unchanged month-over-month, indicating consistent buyer demand. Homes priced under $1.6M and those with recent updates continue to perform best in this ZIP code.
Market Narrative
The 91316 market continues to show steady performance entering 2026. Median sale prices are holding near $1.18 million, remaining relatively flat year-over-year. Homes are averaging between 65 and 80 days on market as buyers take a more measured approach. Properties west of Balboa Boulevard and near Lake Encino continue to command stronger interest, especially when thoughtfully updated and competitively priced.
Real-Time Market Profile
- Median List Price: $1,425,000
- Median Price of New Listings: $1,365,000
- Price per Square Foot: $725
- Average Days on Market: 82
- Median Days on Market: 66
- Price Decreased: 31% of listings
- Price Increased: 2% of listings
- Relisted Properties: 13%
- Inventory: 172 properties
- Median Rent: $3,450 / month
Market Segments
Encino 91316 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,525,000 | 4,250 | 10,000 – 15,000 sqft | 5 | 5 | 15–25 yrs | 1 | 1 | 78 |
| $1,795,000 | 3,050 | 7,500 – 10,000 sqft | 4 | 3 | 25–35 yrs | 1 | 1 | 69 |
| $1,225,000 | 2,200 | 5,000 – 8,000 sqft | 3 | 2 | 35–50 yrs | 1 | 1 | 61 |
| $795,000 | 1,350 | Condo / Small Lot | 2–3 | 2–3 | 30–45 yrs | 0 | 0 | 54 |
Conclusion
Encino 91316 remains a stable and opportunity-rich market. While buyers now enjoy increased inventory and slightly more negotiating leverage, pricing remains well-supported for homes that are updated and positioned correctly. Sellers who align with current buyer expectations continue to see solid results, particularly in desirable residential pockets.
Contact Information
For expert insights and exclusive property opportunities in Encino 91316, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
Stay ahead of the curve with weekly Encino market updates.
