Encino’s Market Update of the Week
By: Gary Krieger & Sherry Robbin
The median list price in ENCINO, CA this week is $1,175,000.The Market Action Index has been basically flat recently, and days-
on-market decreasing, there are not strong signals for the direction of the market.
Supply and Demand
The market has shown some evidence of slowing recently. Both
prices and inventory levels are relatively unchanged in recent
weeks.
Price
Recently prices in this zip have settled at a plateau even though
they dipped this week. Look for a persistent up-shift in the
Market Action Index before we see prices significantly move
from these levels.
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