Sherman Oaks Market Report

$1,758,918

AVERAGE PRICE OF 230 HOMES

$1,544,068

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,584,985

AVERAGE PRICE OF 142 MULTI-MILLION DOLLAR HOMES

$2,671,364

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$1,941,866

AVERAGE PRICE OF 106 HOMES WITH A POOL

$2,286,750

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,758,918
Avg Bedrooms 3.46 beds
Avg Bathrooms 3.44 baths

Average Price by Bedrooms

1 bedroom $492,225
2 bedrooms $921,394
3 bedrooms $1,422,551
4 bedrooms $1,855,258
5 bedrooms $2,430,731
Sherman Oaks Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 220 219 211 211 206
Average Price $1,881,454 $2,080,575 $2,180,422 $2,052,557 $1,930,556
Avg Price Change -10.58% -4.80% +6.23% +6.32% +0.62%
Median Price $1,544,583 $1,653,688 $1,703,583 $1,538,569 $1,479,217
Med Price Change -7.06% -3.02% +10.73% +4.01% -4.18%
Avg Bedrooms 3.42 beds 3.82 beds 3.99 beds 3.97 beds 3.93 beds
Avg Bathrooms 3.37 baths 3.82 baths 3.98 baths 3.92 baths 3.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grant 1 $1,299,999 37 days
Van Nuys 4 $1,552,488 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 230 $1,758,918 71 days
Distressed Homes 4 $1,544,068 106 days
Multi-Million Dollar Homes 142 $2,584,985 69 days
Newly Built Homes 28 $2,671,364 36 days
Homes with a Pool 106 $1,941,866 61 days
Reduced Price Homes 4 $2,286,750 45 days
California Platinum Realty
Fahad Karamat
6303 Owensmouth Ave 10th Floor
Los Angeles, CA 91367
818-835-0848
CA DRE # 02007521
NMLS # 1597279

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Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of November 28, 2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021.
Based on information from California Regional Multiple Listing Service, Inc. as of November 28, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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