Monday, September 9, 2013

Sherman Oaks Home Values Are UP!

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.

Want to know what the value of your Sherman Oaks home is. Visit to find out. Use our quick and easy tool and in 2 easy steps you will have all the information you need delivered to your inbox.

*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).

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