This Week’s Market Overview
The median list price for Encino, CA 91436 is $3,275,000, reflecting sustained strength in one of the Valley’s most prestigious luxury submarkets. Inventory remains steady at approximately 131 active homes, keeping conditions slightly in favor of sellers as demand for high-end, move-in-ready homes remains solid.
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: 36
While the MAI has dipped slightly, buyer demand in 91436 remains stable, particularly for renovated contemporary homes and properties in coveted neighborhoods such as Royal Oaks and Amestoy Estates.
Market Narrative
The 91436 market continues to show resilience heading into the winter season. Median sale prices are averaging around $2.48 million, relatively stable year-over-year, despite a small seasonal slowdown in transaction volume. Well-presented homes south of Ventura Boulevard continue to command strong attention, while older or unrenovated properties are spending longer on the market. Buyers remain highly selective, but competitively priced homes are still generating steady activity.
Real-Time Market Profile
- Median List Price: $3,275,000
- Median Price of New Listings: $2,925,000
- Price per Square Foot: $882
- Average
