Market Update
San Fernando Valley
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
Med. Sales Price
$1m
5% less than in
Q1 2025
Q1 2025
Avg. Days On Market
52
2% fewer than in
Q1 2025
Q1 2025
Closed Sales
1,852
4% more than in
Q1 2025
Q1 2025
Inventory
2,398
7% more than in
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $965k | $1.24m | 2900 |
| Q1 '23 | $920k | $1.31m | 1820 |
| Q1 '24 | $990k | $1.28m | 1938 |
| Q1 '25 | $1.05m | $1.34m | 1783 |
| Q1 '26 | $1m | $1.3m | 1852 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $1m | 49.0% |
|---|---|
| Q1 '26 | 908 |
| Q1 '25 | 824 |
| 1YR CHANGE | +10% |
| Closed $1m - $3m | 46.3% |
| Q1 '26 | 858 |
| Q1 '25 | 862 |
| 1YR CHANGE | 0% |
| Closed $3m - $5m | 3.5% |
| Q1 '26 | 64 |
| Q1 '25 | 76 |
| 1YR CHANGE | -16% |
| Closed Over $5m | 1.2% |
| Q1 '26 | 22 |
| Q1 '25 | 21 |
| 1YR CHANGE | +5% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 25 | $965k |
| Q1 '23 | 46 | $920k |
| Q1 '24 | 45 | $990k |
| Q1 '25 | 53 | $1.05m |
| Q1 '26 | 52 | $1m |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
7%
New Listings
New Listings represents the number of properties listed during the quarter.
-19%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-6%
Closed Sales
4%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-2%
Agoura Hills
Median
$1.54m
DOM
56
Sales
24
Inv
31
Burbank
Median
$1.29m
DOM
51
Sales
115
Inv
83
Calabasas
Median
$1.68m
DOM
55
Sales
50
Inv
61
Century City
Median
$2.3m
DOM
110
Sales
25
Inv
59
Cheviot Hills / Rancho Park
Median
$2.15m
DOM
44
Sales
22
Inv
25
Encino
Median
$1.36m
DOM
60
Sales
95
Inv
225
Glendale
Median
$1.14m
DOM
45
Sales
134
Inv
130
Hidden Hills
Median
$5.68m
DOM
2
Sales
2
Inv
34
Sherman Oaks
Median
$1.5m
DOM
54
Sales
102
Inv
165
Studio City
Median
$1.91m
DOM
51
Sales
76
Inv
132
Toluca Lake
Median
$1.71m
DOM
82
Sales
22
Inv
23
Valley Village
Median
$1.37m
DOM
44
Sales
33
Inv
34
Westwood
Median
$2.03m
DOM
59
Sales
68
Inv
175
Woodland Hills
Median
$1.28m
DOM
56
Sales
126
Inv
193