Lake Sherwood (91361) Real Estate Market Update - 03/14/25

Lake Sherwood (91361) Real Estate Market Update - 03/14/25

This Week’s Market Overview

Lake Sherwood 91361 remains one of Southern California’s most exclusive residential enclaves. The median listing price currently sits near $6,000,000, reflecting the ultra-luxury character of this lakeside and golf-course community.

Inventory is extremely limited, with approximately 20–30 homes on the market, reinforcing the area’s reputation for scarcity and long-term ownership.

Market Action Index

The Market Action Index (MAI) gauges the balance between supply and demand.

Current MAI: 33 (Balanced Market)
Last Month’s MAI: 34

Buyer activity is steady but deliberate. Given the price points and limited inventory, transactions often involve longer evaluation periods and highly customized properties.

Market Narrative

Lake Sherwood’s market is driven by luxury estates surrounding the private lake and Sherwood Country Club. Median sale prices have recently approached $6 million, while price-per-square-foot levels average around $1,130, reflecting the premium nature of the community.

Homes are spending approximately 120 days on market, which is typical for trophy properties where buyers prioritize location, views, and architectural quality over speed.

Although the broader market occasionally experiences fluctuations, Lake Sherwood’s limited inventory and prestige continue to support strong long-term value.

Real-Time Market Profile

Median List Price: $5,999,000
Median Price of New Listings: $5,500,000
Price per Square Foot: $1,130
Average Days on Market: 123
Median Days on Market: 95
Price Decreased: 24% of listings
Price Increased: 1–2% of listings
Relisted Properties: 9%
Inventory: ≈23 properties
Median Rent: ≈$13,500 / month

Market Segments

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$18,000,000 12,000+ Lakefront estate 7–10 10+ 5–15 yrs 1 0 140
$9,500,000 8,000–10,000 Golf course / large estate lots 6–7 7–9 10–20 yrs 1 1 120
$5,250,000 5,000–7,000 1–2 acre parcels 5–6 5–6 15–30 yrs 1 1 100
$2,750,000 3,000–4,500 Entry luxury homes 4–5 3–4 25–40 yrs 0 0 85

Conclusion

Lake Sherwood 91361 continues to represent one of the most exclusive residential environments in Ventura County. With limited inventory, private lake access, and proximity to Westlake Village amenities, the market remains highly resilient. Buyers tend to move deliberately, but premium properties with exceptional views, architectural distinction, or direct lake access continue to command significant attention.

Contact Information

For expert insights and exclusive property opportunities in Calabasas and Lake Sherwood:

📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]

Stay ahead of the curve with weekly market updates for Lake Sherwood.

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Annually, Andrew and Fran are named one of America’s Best Real Estate Professional Teams by RealTrends as advertised in The Wall Street Journal ranking them in the top 1% of more than 1.6 million licensed Real Estate Agents. Locally, they are proud to be ranked among the Top 100 Real Estate Agents in LA County by the Los Angeles Business Journal, and honored to be named “Real Estate All Stars” by Los Angeles Magazine.

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