This Week’s Market Overview
The median list price for Encino, CA 91316 is $1,365,000, reflecting stable pricing in this balanced mid-to-upper-tier market. Inventory currently sits around 182 active homes, keeping conditions slightly in favor of sellers as demand remains consistent while supply has grown modestly.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 36 (Slight Seller’s Advantage)
- Last Month’s MAI: 37
The MAI has dipped slightly, indicating a soft seasonal slowdown, but the market remains stable. Demand continues to hold firm, especially for renovated single-family homes priced under $1.6M.
Market Narrative
The 91316 market continues to show steady performance heading into late 2025. Median sale prices currently average around $1.12 million, up modestly from last year. While homes are taking slightly longer to sell than earlier in the year, buyers remain active across the board—particularly in neighborhoods west of Balboa and near Lake Encino. Well-priced properties continue to draw strong attention, although buyers are negotiating more than they did in 2022–2023.
Real-Time Market Profile
- Median List Price: $1,365,000
- Median Price of New Listings: $1,315,000
- Price per Square Foot: $705
- Average Days
