This Week’s Market Overview
The latest available ZIP-level data for Encino 91316 shows a median listing price of $1,247,250, with 187 homes currently for sale. Listings are spending a median of 54 days on the market. Homes sold for approximately 99% of asking price on average in August, and current conditions are classified as balanced.
Market Action Index
Market Action Index: Not reported in this week’s publicly available source.
The available indicators point to a balanced market. Buyers have a meaningful selection across condos, townhomes, and single-family homes, while well-priced properties can still attract strong attention when condition and location stand out.
Market Narrative
Encino 91316 continues to show a broader mix of property types than neighboring 91436, so ZIP-wide pricing can move significantly depending on the mix of homes available in a given month. The current median listing price is up 53.25% year over year, while active inventory is down 4.98% and median days on market are up 7.14%.
Because the ZIP includes both attached housing and larger single-family properties, buyers and sellers should treat the headline median as a market-wide reference rather than a direct valuation benchmark for an individual home. A current new-listing snapshot shows a median asking price of approximately $1.18 million.
Real-Time Market Profile
Median List Price | $1,247,250 |
Median Price of New Listings | Approximately $1,180,000 |
Price per Sq Ft | $640 |
Average Days on Market | Not reported in this week’s source |
Median Days on Market | 54 |
% Price Decreased | Not reported in this week’s source |
% Price Increased | Not reported in this week’s source |
Relisted Properties | Not reported in this week’s source |
Inventory | 187 properties |
Median Rent | $3,506/month |
Market Action Index | Not reported in this week’s source |
Market Position | Balanced |
Market Segments
The current public ZIP-level source does not publish Altos-style quartile segment medians, so segment figures are not being invented. Current inventory spans luxury estates, traditional single-family homes, townhomes, and condominiums, making property type especially important when interpreting the market.
$3M+ Luxury Segment: Larger estates and highly upgraded homes represent the upper end of 91316. Buyers in this range tend to focus on privacy, lot size, architectural quality, and substantial renovations.
$1.5M–$3M Upper Single-Family Segment: This range includes many larger and updated homes where condition, floor plan, outdoor space, and micro-location strongly affect buyer response.
$1M–$1.5M Core Single-Family Segment: This remains an important part of the ZIP’s market, with buyers closely comparing renovation quality, lot usability, schools, and proximity to Ventura Boulevard.
Under $1M Segment: Condos, townhomes, and smaller homes provide a significant share of available inventory and help pull the ZIP-wide median below the luxury single-family market.
Lifestyle Demand
Demand in 91316 remains strongest for updated homes with practical floor plans, usable outdoor space, convenient access to Ventura Boulevard, and desirable residential pockets west of Balboa. In the attached-home segment, buyers continue to value renovated interiors, parking, storage, amenities, and manageable HOA costs.
Conclusion
Encino 91316 is currently balanced, with enough inventory to give buyers options while still rewarding well-priced and well-presented homes. Sellers should price against the correct property type and micro-market rather than relying only on the ZIP-wide median, while buyers can benefit from comparing available alternatives carefully.
Contact Information
Andrew Spitz
(818) 370-6121
[email protected]
Fran Chavez
(818) 517-1411
[email protected]
Market figures reflect the latest available ZIP-level data for August 2026, supplemented by a current new-listing snapshot reviewed September 11, 2026.
