Sales prices have appreciated 13.4% over the last 5 years in Sherman Oaks.The *median sales price for Sherman oaks Properties sold from May 13th to July 13th was $665,000. This is an increase $26,000 or 4.1%, compared to the previous quarter and an increase of 15.7% compared to the previous year. The average listing price for Sherman Oaks homes was $1,059,497 for the week ending August 28th, which is an increase of $45,848 or 4.5%, compared to the previous week and an increase of $20,238 or 1.9%, compared to the week ending August 7th. Average price per square foot for Sherman Oaks CA was $402, an increase of 22.2% compared to the same period last year.
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*The median sales price is the midway point of all the properties over a dtermined period (monthly, yearly, quarterly, etc.) So if there were 101 properties sold during a particular month the median house price would be the house price in the middle. (50 properties over that price and 50 homes under that price).