This Week’s Market Overview
The median list price for Encino, CA 91316 is $1,425,000, pointing to a stable and even-keeled market as the year begins. Inventory is currently around 172 active homes, giving buyers more options while still favoring sellers on listings that are well situated.
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 steady MAI month-over-month underscores dependable buyer demand. Homes priced under $1.6M, especially those with recent updates, continue to stand out and sell more quickly in this neighborhood.
Market Narrative
The 91316 market shows steady performance as 2026 gets underway. Median sale prices remain around $1.18 million, largely unchanged year-over-year. Buyers are proceeding at a more measured pace, with homes generally spending between 65 and 80 days on market. Residences west of Balboa Boulevard and near Lake Encino attract particular notice, particularly when thoughtfully refreshed and aligned with today's pricing 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 endures as a reliable and appealing market with strong upside potential. While buyers gain from more inventory and a little extra negotiating space, values hold firm for homes that are updated and priced realistically. Sellers who adapt to current buyer preferences are still delivering good outcomes, especially in the area's key residential zones.
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.
