Encino, CA
Single Family Homes
More properties come available in March 2016, demand is increasing, days on market is dropping downward ~ these are the current trends for the Encino real estate market.
Supply and Demand
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone.
According to themls.com in Encino city per 3/9/16:
98 active homes for sale (sfr):
Low price: $549,500 ( 17835 Martha St. 2br/1ba 891 sqft)
High price: $6,995,000 ( 5220 Encino Ave. 6br/9ba 8,800 sqft)
26 homes were sold in February( 40 in January 2016) with Avg.SP/Avg.LP = 97.85%
Homes Sold in February:
Price
The market is hovering around this plateau:
Learn more about Encino, CA:
Encino, Los Angeles - Wikipedia
Listing of the month: 17528 Jayden Ln ENCINO, Ca. 91316
Encino CA Real Estate Market Report December 2015
* When it comes to buying or selling a home, the majority agree they need a Realtor to negotiate a good price and better terms of sale. Don't choose just any Realtor! I take will help you every step of the way including:
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Your Encino Neighbor Realtor,
Inna
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