This Week’s Market Overview
The median list price for Encino, CA 91316 is $829,000, with homes trending toward a balanced-to-slight seller’s environment. Inventory is currently about 191 homes, offering buyers more options than in tighter months.
Sources: Realtor.com (Median Listing Price & DOM) | Realtor.com inventory snapshot.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: Not publicly available for 91316 from free sources
- Last Month’s MAI: Not publicly available
While an official MAI for 91316 isn’t published in free datasets, adjacent indicators show mild seller leverage: sale-to-list ratio near the high-90% range and longer marketing times vs. last year.
Source: Redfin (sale-to-list, days on market).
Market Narrative
Market activity in 91316 shows mixed signals. Median sold prices rose year-over-year, but days on market lengthened and closed sales volume dipped. That combination points to selective demand and more emphasis on pricing strategy. If demand softens further, pricing pressure could build on over-optimistic listings.
Key figures: Median Sold Price ~$1,083,000 (+25.6% YoY); Median DOM ~72 days (vs. 42 a year ago); 77 homes sold in Aug (down from 94). Source: Redfin (Aug 2025).
Real-Time Market Profile
- Median List Price: $829,000
- Price per Square Foot (list): $526
- Average Days on Market: ~72
- Median Days on Market: 65
- Inventory: ~191 properties
- Median Rent: ~$3,177 / month (Aug 2025)
Market Segments
Encino 91316 listings divided into four pricing segments (indicative; segment stats vary week-to-week):
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,250,000 | ≈3,800 | 6,500 – 10,000 sqft | 5 | 5 | 20–40 | — | — | ≈60–90 |
| $1,600,000 | ≈2,600 | 5,000 – 7,500 sqft | 4 | 3 | 40–60 | — | — | ≈45–75 |
| $1,050,000 | ≈1,900 | 0 – 5,000 sqft | 3 | 2 | 50–60 | — | — | ≈45–70 |
| $650,000 | ≈1,200 | Condo/Townhome | 2 | 2 | 40–55 | — | — | ≈30–60 |
Notes: Segment medians are illustrative to mirror the requested format; exact segment-by-segment stats are not published weekly for 91316 in free public datasets.
Conclusion
Encino 91316 reads as a slight seller’s market by adjacent indicators, but conditions are cooling: longer market times and fewer sales alongside strong sold prices. If demand eases and inventory builds, pricing may face pressure—creating opportunities for well-prepared buyers while motivating sellers to price strategically.
Contact Information
For expert insights and exclusive property opportunities in Encino 91316, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
Stay ahead of the curve with weekly Encino market updates.
