April 2021 Real Estate Market Update for Sherman Oaks

April 2021 Real Estate Market Update for Sherman Oaks

While the average sale price for a single residence in Sherman Oaks rose slightly by a little over 1%, the average sale price for all residences decreased by a little over 1%. Of the 115 homes sold in March, 68 were single residences. There are currently a total of 103 pending sales.  The number of single residences for sale is 63, up from 52 in March. The current average list price is $2.161 million, and there is less than a month of inventory of homes available to buy.

Want to know more about this market is impacting your own home’s value or home search? Get your personalized, complimentary market report for your own address or neighborhood here.
 

Source: CRMLS, The MLS

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