This Week’s Market Overview
The median list price for Encino, CA 91316 is approximately $1,495,000, reflecting steady demand across a more diverse housing mix that includes single-family homes, condos, and townhomes. Inventory currently sits near 140–165 active listings, creating more balanced conditions compared to neighboring 91436, with increased opportunities for buyers while still rewarding well-priced properties.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
Current MAI: 34 (Balanced Market)
Last Month’s MAI: 35
The slight softening month-over-month indicates a modest increase in inventory and more deliberate buyer activity, particularly in the mid-range and condo segments.
Market Narrative
The 91316 market continues to show stability as we move into the spring season. Median sale prices are trending near $1.25 million, supported by consistent demand from both entry-level buyers and those moving within the Valley.
Homes are averaging 55–75 days on market, with updated properties—especially those with modern finishes, open layouts, or ADU potential—moving more quickly. Condos and townhomes remain active but are more price-sensitive, often requiring sharper positioning to generate strong interest.
Encino 91316 benefits from its accessibility, relative affordability compared to 91436, and a wide range of housing options, making it one of the more active submarkets in the area.
Real-Time Market Profile
Median List Price: $1,495,000
Median Price of New Listings: $1,295,000
Price per Square Foot: $735
Average Days on Market: 72
Median Days on Market: 58
Price Decreased: 33% of listings
Price Increased: 2% of listings
Relisted Properties: 12%
Inventory: ≈152 properties
Median Rent: ≈$4,250 / month
Market Segments
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,450,000 | 3,200–4,200 | 7,000–10,000 sqft | 4–5 | 4 | 10–25 yrs | 1 | 1 | 75 |
| $1,550,000 | 2,200–3,000 | 6,000–8,000 sqft | 3–4 | 2–3 | 20–40 yrs | 1 | 1 | 65 |
| $975,000 | 1,400–2,000 | Small lot / attached | 3 | 2–3 | 30–50 yrs | 0 | 1 | 58 |
| $625,000 | 900–1,400 | Condo / Townhome | 1–2 | 1–2 | 30–50 yrs | 0 | 0 | 50 |
Conclusion
Encino 91316 remains one of the most active and accessible markets in the San Fernando Valley. While buyers have more choices and negotiating leverage than in higher-end enclaves, demand continues to support pricing for well-presented homes. Sellers who price correctly and update strategically are seeing strong results, while buyers benefit from increased selection and a more balanced negotiating environment.
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 Valley market updates.
