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 currently sits at 73 active 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 Market Action Index remains unchanged from last month, signaling a stable luxury market. While inventory has tightened, buyer demand continues to absorb available homes at a pace that favors sellers.
Market Narrative
Home sales continue to outpace available inventory, and the Market Action Index has remained firmly in seller territory. Although prices softened slightly in recent weeks, they continue to hold near historic highs, demonstrating the resilience of Encino's luxury market.
Prime neighborhoods including Royal Oaks, Amestoy Estates, and areas south of Ventura Boulevard continue to command the strongest buyer interest. Buyers remain selective, but turnkey homes with updated finishes, larger lots, and desirable locations continue to sell well. Sellers who price strategically continue to benefit from limited inventory and steady demand.
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: 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 | 1 | 4 | 147 |
$4,394,500 | 5,310 | 0.25–0.5 acre | 5 | 5.8 | 9 | 2 | 6 | 87 |
$2,847,000 | 3,436 | 0.25–0.5 acre | 4 | 4.3 | 64 | 0 | 6 | 87 |
$1,999,950 | 2,551 | 8,000–10,000 sqft | 4 | 3 | 64 | 5 | 6 | 24 |
Conclusion
Encino 91436 continues to be one of the Valley's most desirable luxury markets. Limited inventory and steady buyer demand continue to support pricing, while sellers who properly prepare and position their homes remain well positioned for success.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]
