2015 Sherman Oaks Real Estate Year In Review

Single Family Home Sales

Great Sherman Oaks Real Estate News. 2015 was awesome. There were 627 Single Family Homes sold in Sherman Oaks in 2015. The average Sherman Oaks Real Estate sales price was $1,170,828. Average days on the market was 54. The highest sales price for Sherman Oaks Real Estate in 2015 was $6,850,000 for a home on Longridge Ave that featured 7 bedrooms, 10 baths, a pool, Guest House 8,786 square feet on a 39,554 square foot lot.

Condos & Townhomes

362 Condos and townhomes sold in Sherman Oaks in 2015. The average price for a condo/townhome in Sherman Oaks Real was $467,709. Average days on the market was 52. The highest sales price for a condo/townhome in Sherman Oaks Real $829,000 for a Penthouse condo on Benefit Street located in Sherman Oaks South Of Ventura that featured 2 bedrooms, 4 baths, and 2,691 square feet. This property sold in 32 days, well below the average.

2016 promises to bring more good Sherman Oaks Real Estate News being fueled by low inventory. There is currently a 2.3 month inventory of active listings in the San Fernando Valley making this a seller’s market. Six months is considered a balanced market.

Although the best way to get an accurate price opinion of your home is to have us visit we have made it quick and easy for you to get a pretty good idea with our Sherman Oaks Home Value Tool. In just two simple steps you will have up-to-date comps delivered to your inbox usually within minutes. Then you will be kept updated with new sales as they happen. Give it a try by clicking here What’s My Sherman Oaks Home Worth .