<h2>This Week’s Market Overview</h2>
<p>
The median list price for <strong>Encino, CA 91436</strong> is about <strong>$2,948,500</strong>.
Inventory is tighter than in past months, with roughly <strong>130 active homes</strong> on the market, sustaining a seller-leaning environment.
</p>
<hr>
<h2>Market Action Index</h2>
<p><em>The Market Action Index (MAI) gauges the balance between supply and demand.</em></p>
<ul>
<li><strong>Current MAI:</strong> 34 (Slight Seller’s Advantage)</li>
<li><strong>Last Month’s MAI:</strong> 33</li>
</ul>
<p>
With sales still outpacing new listings, the MAI is holding in seller’s territory. If the trend continues, pricing pressure could push upward.
</p>
<hr>
<h2>Market Narrative</h2>
<p>
In 91436, home prices are showing signs of softening compared to last year, but the market remains competitive. The median sale price last month was about **$2,205,000**, down ~16.2% year-over-year. Homes are selling faster: median days on market fell to ~52 days from around 60 last year. The number of homes sold held steady (48 homes). This suggests that while buyers are more cautious, well-priced and well-located homes are still moving briskly.
</p>
<hr>
<h2>Real-Time Market Profile</h2>
<ul>
<li><strong>Median List Price:</strong> $2,948,500</li>
<li><strong>Median Price of New Listings:</strong> $2,237,500</li>
<li><strong>Price per Square Foot:</strong> $851</li>
<li><strong>Average Days on Market:</strong> 130</li>
<li><strong>Median Days on Market:</strong> 74</li>
<li><strong>Price Decreased:</strong> 29% of listings</li>
<li><strong>Price Increased:</strong> 2% of listings</li>
<li><strong>Relisted Properties:</strong> 25%</li>
<li><strong>Inventory:</strong> 130 properties</li>
<li><strong>Median Rent:</strong> (not reported)</li>
</ul>
<hr>
<h2>Market Segments</h2>
<p>Encino 91436 listings are divided into four pricing segments:</p>
<table>
<thead>
<tr>
<th>Median Price</th>
<th>Sq. Ft.</th>
<th>Lot Size</th>
<th>Beds</th>
<th>Bath</th>
<th>Age</th>
<th>New</th>
<th>Absorbed</th>
<th>DOM</th>
</tr>
</thead>
<tbody>
<tr>
<td>$6,849,000</td>
<td>7,122</td>
<td>0.5 – 1 acre</td>
<td>6</td>
<td>7</td>
<td>~7 yrs</td>
<td>0</td>
<td>1</td>
<td>133</td>
</tr>
<tr>
<td>$3,992,500</td>
<td>4,798</td>
<td>0.25 – 0.5 acre</td>
<td>5</td>
<td>5.5</td>
<td>~57 yrs</td>
<td>0</td>
<td>1</td>
<td>66</td>
</tr>
<tr>
<td>$2,400,000</td>
<td>2,902</td>
<td>0.25 – 0.5 acre</td>
<td>4</td>
<td>3.5</td>
<td>~68 yrs</td>
<td>3</td>
<td>6</td>
<td>98</td>
</tr>
<tr>
<td>$1,512,250</td>
<td>2,030</td>
<td>4,500 – 6,500 sqft</td>
<td>3</td>
<td>2.5</td>
<td>~70 yrs</td>
<td>1</td>
<td>5</td>
<td>49</td>
</tr>
</tbody>
</table>
<hr>
<h2>Conclusion</h2>
<p>
The 91436 market remains in a **slight seller’s advantage** zone, though with more moderate conditions than in previous years. Prices have softened, but inventory is limited and demand for quality properties persists.
For sellers, precise pricing and excellent presentation are vital. Buyers who move decisively on well-priced homes will still find opportunities, especially in segments that have been slower to absorb.
</p>
<hr>
<h2>Contact Information</h2>
<p>
For expert insights and exclusive property opportunities in Encino 91436, contact:<br><br>
📞 <strong>Andrew Spitz:</strong> (818) 453-9119 | ✉️ <a href="mailto:[email protected]">[email protected]</a><br>
📞 <strong>Fran Chavez:</strong> (818) 517-1411 | ✉️ <a href="mailto:[email protected]">[email protected]</a><br><br>
Stay ahead of the curve with weekly Encino market updates.
</p>
