Hi neighbors,
Quick look at the Encino market this month, from someone who's been selling homes here for 13 years. Right now, houses and condos are two very different markets.
Single-family homes are strong. August closed with 27 sales — up from 20 a year ago — and the median sale price rose to $2.05 million, about 5% higher than last August. The high end is active too: six homes closed above $3 million, including three above $5 million, with the top sale at $6.85 million. Inventory is a little tighter, with 153 homes on the market versus 171 last year.
Condos have slowed to a crawl. Only 3 Encino condos closed in August, compared with 14 a year ago — and all three were small one- and two-bedroom units under $300,000. Not a single mid-range or larger condo closed, even though 76 are listed for sale. That's not a price collapse; it's buyers sitting on their hands.
What that means: if you're selling a house, the market is on your side — but pricing right from day one still matters. If you're selling a condo, you're competing with a lot of inventory for very few buyers, so presentation and pricing are everything. And if you're a condo buyer, this is the most leverage you've had in years.
Source: CRMLS closed-sale data and Southland Regional Association of REALTORS® market data, August 2026, Encino.
If you'd like a straight answer on what your home would sell for today, I'm happy to walk you through it — no pressure.
Antonio Vaziri, Realtor® | Epique Realty | DRE #01927866
buyandsellcaliforniahomes.com
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