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Sherman Oaks, CA Market Statistics and Real Estate Trends

Sherman Oaks, CA November 1, 2009 - Sherman Oaks's home resale inventories decreased slightly, with a 5 percent decreased since October 2009. Distressed properties such as foreclosures and short sales increase as a percentage of the total market in November. The median listing price in Sherman Oaks stayed the same from October to November. There were a total of 16 price increases and 55 price decreases.

Sherman Oaks, CA Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory290304 5%345 19%458 58%-
Median List Price$799,000$799,000$879,000 10%$799,000-
  % Distressed 
9%8%---
Median Days
on Market
8373 -12%84 1%83-
Median House Size20742055 -1%1590 -23%1440 -31%-
Median Price
Per Sq. Ft.
$373$377 1%$380 2%$377 1%-
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory219228 4%244 11%324 48%-
Median List Price$998,000$1,049,000 5%---
  % Distressed 
9%7%---
Median Days
on Market
7774 -4%---
Median House Size26082630 1%---
Median Price
Per Sq. Ft.
$404$422 4%---
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory7176 7%101 42%134 89%-
Median List Price$411,900$417,500 1%---
  % Distressed 
8%11%---
Median Days
on Market
9171 -22%---
Median House Size14801420 -4%---
Median Price
Per Sq. Ft.
$316$323 2%---

Sherman Oaks, CA Market Data Chart *

 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-558258907596931071124942
Number of
New Listings
-10696126116109202217411-
Listings
Sold/Expired
-1251581091191671511321621577574
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-4357396563776675783230
Number of
New Listings
-7767859280151713310-
Listings
Sold/Expired
-861097586119108861111065052
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-1225192512192732341712
Number of
New Listings
-292941242955411-
Listings
Sold/Expired
-3949343348434651512522
* Historical data may be incomplete in some areas.

Sherman Oaks, CA Market Data Graphs

Median List Price
Inventory
Price Changes

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More Content on Movoto

Most Expensive Listing

4124 Longridge Ave, Sherman Oaks - 7 Beds, 12 Baths, $6,250,000
House Image Not Available
details
REDUCED AGAIN $500K, FOR A TOTAL REDUCTION OF $3 Mil from the original off market price!! EXTREMELY MOTIVATED SELLER is offering an amazing deal in the highly sought after Prestigious Longridge Estates! Brand new construction located South of Ventura Blvd. Private & Gated, this property offers over 10,000 Sq.Ft of living space with beautifully appointed amenities that includes the 8,500 Sq.Ft Main House with 5 Beds + office, 9 Baths, a Grand Room 
Read More

Least Expensive Listing

Sherman Oaks - 0 Beds, 1 Baths, $187,000
House Image Not Available
details
Large Studio in an outstanding area of Sherman Oaks. This unit features a large and elegant walk-in closet, not typical of studio units; a full kitchen; a spacious tree-shaded balcony. Located on the top floor of a quiet and clean gated condominium building. Minutes away from the heart of Sherman Oaks. Don't miss this one. 
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Highest Square Footage

4124 Longridge Ave, Sherman Oaks - 7 Beds, 12 Baths, $6,250,000
House Image Not Available
details
REDUCED AGAIN $500K, FOR A TOTAL REDUCTION OF $3 Mil from the original off market price!! EXTREMELY MOTIVATED SELLER is offering an amazing deal in the highly sought after Prestigious Longridge Estates! Brand new construction located South of Ventura Blvd. Private & Gated, this property offers over 10,000 Sq.Ft of living space with beautifully appointed amenities that includes the 8,500 Sq.Ft Main House with 5 Beds + office, 9 Baths, a Grand Room 
Read More
Sherman Oaks, California real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Sherman Oaks, CA. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Sherman Oaks, CA. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Sherman Oaks. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about 91401 neighborhood information, 91403 neighborhood information, 91411 neighborhood information, 91423 neighborhood information and demographics, find a Sherman Oaks top rated agent, and learn about Sherman Oaks schools. Movoto is your comprehensive source for Sherman Oaks property information and Sherman Oaks homes for sale.

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Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.