Sherman Oaks Prices Are Still On The Rise

Forty-seven Sherman Oaks Single Family Homes For Sale closed escrow from July 1 to July 28th of 2014. The average sales price was $1,135,019. Average sales price per square foot was $484. The highest price sale, Owned by Neil Patrick Harris, sold for $2,995,000 & boasted 6 bedrooms, 4 baths and 4,191 square feet. The lowest priced home had 3 bedrooms, 2 bath and 1,283 square feet and sold for $611,000
 
Sixteen Sherman Oaks Condos/Townhomes closed escrow in the same time frame. The average sales price was $442,375. Average sales price per square foot was $311.30. The highest sales price was $645,000 for a 3 bedroom 2 bath, 1,922 square foot condo. The lowest price sale was a condo (short sale) that with 1 bedroom, 2 bath, 1,052 square foot.

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What's Your Sherman Oaks Home Worth?

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New Website Answers the Oft Asked Question "What's My Sherman Oaks Home Worth?"

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 http://www.WhatsMyShermanOaksHomeWorth.com 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).