In July Sherman Oaks saw a slight decrease in home sales over the previous month with a decline in average sale price for the second straight month, now down 18% from May. The highest price sale in July was $4.75 million, and the lowest price sale was $399 thousand. With 98 homes actively listed for sale in August, Sherman Oaks now has slightly over 1 month of inventory.
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Source: CRMLS, The MLS