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With its central location and excellent transportation connections, Sherman Oaks attracts a wide range of residents, including professionals, families, and artists. Sherman Oaks homes for sale feature a mix of architectural styles, including classic mid-century modern homes, charming Spanish-style residences, contemporary townhouses, and luxurious estates. Whether one seeks a classic home with historical significance or a modern sanctuary with state-of-the-art amenities, Sherman Oaks' diverse real estate market offers an exciting array of choices for buyers looking to settle in this thriving Los Angeles neighborhood.
Sherman Oaks, CA Housing Market Trends
As of August 2024, Sherman Oaks real estate prices increased by 17.8% compared to the previous year, with a median sale price of $1.5M. On average, homes in Sherman Oaks real estate were on the market for 44 days, up from 37 days last year. A total of 206 homes were sold in August, an increase from 195 sales in the same month last year.
The Sherman Oaks housing market is moderately competitive. Last month, the median sale price of homes for sale in Sherman Oaks reached $1.5M, a 17.8% increase from the previous year. Additionally, the median price per square foot for homes for sale in Sherman Oaks rose by 16.1%, now standing at $836.
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