388 homes in near MERDINIAN ARMENIAN EVANGELICAL SCHOOL
Homes for Sale near MERDINIAN ARMENIAN EVANGELICAL SCHOOL
SHERMAN OAKS, CA
About Homes near MERDINIAN ARMENIAN EVANGELICAL SCHOOL
These are homes for sale within about 2 miles of MERDINIAN ARMENIAN EVANGELICAL SCHOOL in SHERMAN OAKS. The area around the school has 381 active listings.
MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 7% over the last six months and 10% over the past year, yet 36% of sellers have trimmed their asking price, and the typical home takes about 52 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.53M
↑ 10% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
5.1 months of supply
Balanced Supply381 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~52 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 27% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 43% of current listings are under 30 days old, while the rest have been up longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $757K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.5M)
Price Reductions
139 listings have reduced their price
36% of active listings
Average reduction: 6.2% (~$95K)
MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area Market Overview
Homes in the MERDINIAN ARMENIAN EVANGELICAL SCHOOL area carry a median list price of $1.5M. Compared with SHERMAN OAKS overall, that is a 4.0% discount. The median price moved from $1.4M in February to $1.3M in July, a 3.6% decrease over six months. Right now 381 homes are on the market in the MERDINIAN ARMENIAN EVANGELICAL SCHOOL area. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district.
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Frequently Asked Questions about Homes near MERDINIAN ARMENIAN EVANGELICAL SCHOOL
How many homes are for sale in MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area, CA?
There are currently 381 homes for sale in MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area, ranging from $359,000 to $28,000,000. 18 of them hit the market within the last week.
What is the median home price in MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area?
The median list price in MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area is $1,535,000. Price per square foot averages $740. Prices are up 10.2% compared to a year ago.
How fast do homes sell in MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area?
Homes in MERDINIAN ARMENIAN EVANGELICAL SCHOOL Area currently average 52 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.