This Week's Market Overview
The median list price for Encino, CA 91436 is $3,900,000, reflecting continued strength in one of the San Fernando Valley's premier luxury neighborhoods. Inventory has decreased to 73 homes, while the Market Action Index remains at 30, maintaining a slight seller's advantage.
Market Action Index
Current MAI: 30 (Slight Seller's Advantage) | Last Month's MAI: 30
The MAI remains unchanged from last month, signaling a stable market environment. While inventory has tightened, buyer demand continues to absorb available supply at a pace that favors sellers.
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This remains a seller's market, and if the current trend continues, upward pricing pressure could emerge in the coming months.
Despite a slight dip in prices this week, values remain near recent highs. Watch for a sustained move in the Market Action Index before expecting any meaningful deviation from current pricing levels.
Real-Time Market Profile
Median List Price: $3,900,000
Median Price of New Listings: $2,424,500
Price per Sq Ft: $875
Average Days on Market: 150
Median Days on Market: 77
% Price Decreased: 27%
% Price Increased: 3%
Relisted Properties: 14%
Inventory: 73 properties
Median Rent: $6,348/month
Market Segments
Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
$8,995,000 | 8,889 | 0.5–1 acre | 6 | 7 | 5 yrs | 1 | 4 | 147 |
$4,394,500 | 5,310 | 0.25–0.5 acre | 5 | 5.8 | 9 yrs | 2 | 6 | 87 |
$2,847,000 | 3,436 | 0.25–0.5 acre | 4 | 4.3 | 64 yrs | 0 | 6 | 87 |
$1,999,950 | 2,551 | 8,000–10,000 sqft | 4 | 3 | 64 yrs | 5 | 6 | 24 |
Conclusion
Encino 91436 continues to be one of the Valley's strongest luxury markets. Inventory remains limited, demand continues to favor sellers, and premium properties in neighborhoods such as Royal Oaks and Amestoy Estates remain highly sought after.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]
