Sherman Oaks, CA Real Estate
Sherman Oaks, nestled in the heart of the San Fernando Valley, offers a blend of suburban comfort and urban convenience, making it a desirable place to live. Known for its picturesque tree-lined streets and prime location, this neighborhood has something for everyone. Whether you're looking for a cozy home or a luxurious estate, Sherman Oaks provides a variety of housing options to suit different lifestyles.
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Living in Sherman Oaks
Located just a short drive from downtown Los Angeles, Sherman Oaks offers a peaceful residential atmosphere without sacrificing proximity to city amenities. The neighborhood is home to top-rated schools, great dining options, and a thriving local community. Sherman Oaks is particularly popular with families, young professionals, and retirees who appreciate the balance of a calm environment and easy access to the excitement of the city.
One of the standout features of Sherman Oaks is its accessibility. Whether you're commuting to work, enjoying the local parks, or exploring nearby attractions like Ventura Boulevard, everything you need is within reach. And with beautiful California weather year-round, outdoor enthusiasts can enjoy the best of Southern California living.
Popular Neighborhoods in Sherman Oaks
Sherman Oaks boasts several neighborhoods that cater to a variety of preferences, whether you’re looking for proximity to entertainment, peaceful residential streets, or a bit of both.
One of the most sought-after areas is near Ventura Boulevard, lined with vibrant shops, restaurants, and entertainment. Homes in this area tend to be on the higher end, with luxury estates and newer builds commanding a premium. The median price for homes around Ventura Boulevard is typically around $1.5 million.
For those seeking more tranquility, neighborhoods like South of the Boulevard offer tree-lined streets and a mix of single-family homes and smaller, more affordable properties. Here, the median home price tends to be closer to $1.3 million.
The Sherman Oaks Hills, offering sweeping views and larger lots, is a popular choice for those who want a more private, spacious setting. Homes in this area tend to be higher in price, with the median price ranging from $1.6 million to $2 million, depending on the property size and location.
Homes for Sale in Sherman Oaks, CA
As of December 2024, the housing market in Sherman Oaks presents a competitive landscape for buyers and sellers alike.
- Median Listing Home Price: $1.3 million
- Median Listing Price per Square Foot: $728
- Median Sold Home Price: $1.3 million
- Sales to List Price Ratio: 98.3%
Sherman Oaks continues to be a balanced market, with homes typically selling for around 2% below list price, and properties averaging 57 days on the market. Some homes are receiving multiple offers and selling closer to the asking price, especially in desirable pockets like South of the Boulevard and the Sherman Oaks Hills.
Contact Jeff and Cheryl Fox for Your Sherman Oaks Real Estate Needs
If you're interested in finding your dream home in Sherman Oaks, or if you’re looking to sell, get in touch with Jeff and Cheryl Fox today. With their expertise and local knowledge, you can rest assured you're in good hands. Call them at 818-995-9108 or fill out their online form to get started on your real estate journey in Sherman Oaks.