Sherman Oaks 2nd Qtr:
Sherman Oaks homes are selling, despite slowing economy. Check out the YTD stats here. Residential Real Estate in #ShermanOaks is holding steady and performing despite a slowed national economy. The average days on market are up slightly from the last 2 years, however with limited homes for sale and strong homeowner equity don’t expect prices to drop any time soon. Consider buying a home now and refinance later.
Average Sales Price : $1,938,131
Listings Sold : 234
Average Days On Market : 27
Average $/sqft : $985.14
Highest Priced Home : Clerendon Rd. $7,900,000
