A reasonable offer starts with similar completed sales and your financial limits, not a standard discount. I want your decision to reflect both the home's merits and your priorities.
The September 2026 market figures cover Encino single-family homes, condos, townhouses and apartments together. Within that combined market, the median sold price was $1,558,000. The reported sold-to-list price percentage was 97.7%. Months of inventory stood at 5.76.
The reported sold-to-list price relationship does not establish a discount for the home you want. I would weigh relevant completed sales against differences in condition, size and features before discussing a reasonable offer range. Price also belongs alongside financing and inspection requirements, rather than becoming the only term you consider.
Choose recent sales of similar homes for us to review, and identify differences that could affect your offer. Confirm the maximum price you are comfortable offering with a lender's explanation of the associated payment and closing expenses. Review which financing and inspection protections you need before changing the offer conditions.
