This Week’s Market Overview
The median list price for Encino, CA 91316 is $1,425,000, indicating a balanced and consistent market as the new year gets underway. Inventory is currently around 172 active homes, offering buyers additional choices while preserving a gentle edge for sellers on well-positioned listings.
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 holding steady month-over-month highlights reliable buyer interest. Properties priced below $1.6M, particularly those featuring recent renovations, continue to stand out and move more efficiently in this area.
Market Narrative
The 91316 market displays ongoing steadiness as we enter 2026. Median sale prices stay close to $1.18 million, essentially flat compared to the prior year. Buyers are adopting a more thoughtful pace, with homes typically spending between 65 and 80 days on market. Residences west of Balboa Boulevard and in proximity to Lake Encino draw heightened attention, especially when updated thoughtfully and priced in line with current expectations.
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 dependable and attractive market with plenty of potential. Although buyers benefit from greater inventory and a bit more room to negotiate, values stay supported for properties that are refreshed and appropriately listed. Sellers who meet buyer preferences in today’s environment continue to achieve positive results, notably in key residential neighborhoods.
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]
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