This Week’s Encino Market Overview
The median list price for Encino, CA (91436) is $3,167,500, with the Market Action Index (MAI) at 32, reflecting a slight seller’s advantage. Inventory is 144 homes, tighter than last month.
Market Action Index
The Market Action Index gauges the balance between supply and demand:
-
Current MAI: 32 (Slight Seller’s Advantage)
-
Last Month’s MAI: 31
Although the MAI has ticked up, the market remains in seller’s territory. If demand softens or inventory rises, conditions could drift toward a buyer’s advantage.
Market Narrative
Market activity in Encino has firmed slightly in recent weeks. Sales continue to outpace supply, which supports pricing; however, if the pace cools or new listings build, expect pricing pressure to re-emerge.
Real-Time Market Profile
-
Median List Price: $3,167,500
-
Median Price of New Listings: $1,800,000
-
Price per Square Foot: $837
-
Average Days on Market: 126
-
Median Days on Market: 84
-
Price Decreased: 28% of listings
-
Price Increased: 1% of listings
-
Relisted Properties: 26%
-
Inventory: 144 properties
-
Median Rent: $3,969/month (zip-level)
Market Segments
Encino listings (incl. 91436) are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $6,719,500 | 6,753 | 0.5–1 acre | 6 | 7 | 7 | 0 | 2 | 115 |
| $3,895,000 | 4,699 | 0.25–0.5 acre | 5 | 5.5 | 59 | 3 | 5 | 66 |
| $2,447,500 | 3,144 | 8,000–10,000 sqft | 4 | 4 | 59 | 2 | 7 | 119 |
| $1,512,475 | 2,030 | 4,500–6,500 sqft | 3 | 2.5 | 73 | 6 | 8 | 52 |
Conclusion
Encino (91436) remains a slight seller’s market, with MAI edging higher and inventory relatively tight. If MAI slips or supply builds, pricing could face downward pressure—creating opportunity for buyers on longer-sitting listings.
Contact Information
For expert insights and exclusive property opportunities in Los Angeles, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
Stay ahead of the curve with weekly Los Angeles market updates.
