Year End Sherman Oaks Real Estate Market Update

Six Hundred and Thirty Eight Sherman Oaks Single Family Homes For Sale closed escrow from January 1st to December 31st of 2014. The average sales price was $1,014,075. Average sales price per square foot was about$450. The highest price sale, Owned by “Argo” producer, Grant Heslov, sold for $3,431,000 & boasted 5 bedrooms, 5 baths and 5,628 square feet. The lowest priced home had 1 bedrooms, 1 bath and 781 square feet and sold for $376,000

Two Hundred and Ninety Three Sherman Oaks Condos/Townhomes closed escrow in the same time frame. The average sales price was $427,796. Average sales price per square foot was $311.30. The highest sales price was $705,000 for a 3 bedroom 2.5 bath, 2,304 square foot condo. The lowest price sale was a condo (short sale) that sold for $201,000 and had 1 bedroom, 1 bath, 1,055 square foot.

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Heather Farquhar

Keller Williams