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.
Source: CRMLS, The MLS