Welcome to 2026! As we turn the page on a new year, the Encino real estate market is showing some fascinating signals. Whether you are looking to buy your dream home south of the boulevard or sell a condo near the heart of the action, understanding the data from December 2025 is crucial for navigating the months ahead. The market is currently sitting in a “Balanced” state, offering unique opportunities for both buyers and sellers.
A Balanced Start to the Year
Often, the real estate market swings heavily in favor of one party, but Encino is currently enjoying a moment of equilibrium. For Single Family Residences (SFR), we are seeing a “Balanced Market” with 3.54 months of inventory. This indicates that while demand is healthy, there is enough supply to keep the pace of sales steady without the frenzy of an overheated seller’s market or the stagnation of a cold buyer’s market.
Single Family Homes Surge While Inventory Tightens
The headline for Single Family Homes this month is a notable jump in sold pricing. The Median Sold Price for December 2025 hit $1,575,000, representing a significant 30.31% increase month-over-month. Interestingly, while sold prices spiked, the inventory tightened; the Months Supply of Inventory dropped by nearly 21% compared to last month.
For sellers, this suggests that high-quality inventory is moving at strong numbers. However, buyers still have room to negotiate, as the Sold to List Price % sits at 97.2%. This means, on average, homes are selling slightly under their asking price, providing a window of opportunity for savvy negotiation.
The Condo & Townhouse Sector
The Condo market in Encino offers a different entry point. The Median Sold Price for condos settled at $460,000 in December, an increase of 11.88% month-over-month.
However, patience is key here. The Median Days in RPR (Realtors Property Resource) for condos is currently 49 days, giving buyers ample time to view, compare, and make decisions without feeling rushed. Similar to single-family homes, the condo market remains “Balanced” with 4.52 months of inventory.
Key Takeaways for Encino:
- Inventory is tightening: Both SFR and Condo sectors saw a double-digit percentage drop in inventory supply month-over-month.
- Prices are resilient: Both sectors saw month-over-month increases in Median Sold Price.
- Negotiation is possible: With homes selling at roughly 95-97% of list price, buyers are finding success below asking.
- Pace of Market: Single-family homes are moving faster (median 35 days) compared to condos (median 49 days).
As we embark on 2026, Encino remains a robust and desirable market. The balance we are seeing suggests a healthy environment where well-priced homes sell efficiently, but buyers are not entirely priced out of the conversation.
If you are considering a move this year, let’s discuss how these macro trends apply to your specific street and property type.
Are you curious how your specific property fits into this balanced market? Let’s connect for a personalized valuation strategy to start your 2026 on the right foot.
Melissa Menard REALTOR® | Compass
Encino & Surrounding Areas Los Angeles
📞 310.729.9726 | DRE# 01858710
📧 melissa@melissamenardhomes.com
🌐 www.MelissaMenardHomes.com
Market Data Disclaimer: “All statistics referenced are based on January 2026 (December 2025 data) from Realtors Property Resource® (RPR) for the Encino neighborhood in Los Angeles and are considered reliable but not guaranteed.”