Search Sherman Oaks homes for sale including luxury homes, condos, and more. Find interesting luxury estates with Arman Grigoryan.
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 October 2024, Sherman Oaks real estate prices increased by 4.8% compared to the previous year, with a median sale price of $1.4M. On average, homes in Sherman Oaks real estate were on the market for 49 days, up from 49 days last year. A total of 179 homes were sold in August, an increase from 173 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 $1.4M, a 4.8% increase from the previous year. Additionally, the median price per square foot for homes for sale in Sherman Oaks is down by 9.21%, now standing at $670.
The average price of homes for sale in Sherman Oaks depends on the property type and location. Single-family homes generally range from $1 million to over $5 million, while townhouses and condominiums often start at approximately $600,000. High-end luxury estates among homes for sale in Sherman Oaks, particularly in prestigious neighborhoods like Longridge Estates or Hidden Woods, can surpass $10 million.
Yes, Sherman Oaks has experienced a growth in new construction houses for sale in Sherman Oaks, featuring modern luxury properties and environmentally friendly designs. Many of these new builds include open-concept layouts, advanced smart home technology, and upscale finishes. These houses for sale in Sherman Oaks are often situated in prime locations, such as south of Ventura Boulevard or near picturesque hillside areas.
Choosing the right real estate agent in Sherman Oaks is crucial for a seamless home-buying experience. Seek out agents with in-depth knowledge of the Sherman Oaks CA real estate market, excellent negotiation skills, and strong client testimonials. A local expert can guide you through the neighborhoods, provide insights into market trends, and help you find the perfect property. Contact the Team Upmost today!
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