This Week’s Market Overview
The median list price for Sherman Oaks, CA 91403 is $2,095,000, reflecting continued strength in one of the most desirable areas of the San Fernando Valley. Inventory currently sits at approximately 156 active homes, keeping the market slightly in favor of sellers despite normal winter seasonality.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 38 (Slight Seller’s Advantage)
- Last Month’s MAI: 38
The MAI remains unchanged month-over-month, indicating steady buyer demand. Homes south of Ventura Boulevard and in hillside locations continue to outperform the broader market.
Market Narrative
The 91403 market continues to show resilience entering early 2026. Median sale prices are holding near $1.85 million, relatively flat year-over-year, while buyers are taking more time to make decisions. Homes are averaging between 65 and 80 days on the market, with updated properties in premium locations still drawing strong interest. Older homes or those priced aggressively are seeing longer marketing times and occasional price adjustments.
Real-Time Market Profile
- Median List Price: $2,095,000
- Median Price of New Listings: $2,015,000
- Price per Square Foot: $842
- Average Days on Market: 80
- Median Days on Market: 64
- Price Decreased: 28% of listings
- Price Increased: 2% of listings
- Relisted Properties: 12%
- Inventory: 156 properties
- Median Rent: $5,150 / month
Market Segments
Sherman Oaks 91403 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,275,000 | 5,200 | 12,000 – 20,000 sqft | 5–6 | 6 | 5–15 yrs | 1 | 1 | 82 |
| $2,545,000 | 3,800 | 8,000 – 12,000 sqft | 4 | 4 | 20–30 yrs | 1 | 1 | 69 |
| $1,725,000 | 2,550 | 6,000 – 8,000 sqft | 3 | 3 | 25–40 yrs | 1 | 1 | 61 |
| $1,035,000 | 1,380 | Condo / Townhome | 2–3 | 2–3 | 30–45 yrs | 0 | 0 | 53 |
Conclusion
Sherman Oaks 91403 remains one of the Valley’s most stable and desirable submarkets. Pricing continues to hold firm, supported by limited inventory and sustained buyer demand for well-located homes. While buyers now have more time and leverage than in peak years, competition remains strong for turnkey properties in premium locations.
Contact Information
For expert insights and exclusive property opportunities in Sherman Oaks 91403, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
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