Our weekly South Valley update for the week of Nov 12, 2026: the housing market, this week’s housing news, and what is happening around Sherman Oaks, Studio City and Encino. See this week’s live list on our South Valley events page.
Quick read for the week: fresh October numbers for the South Valley, what this week’s housing news means for you, a little about what Rebekah and I have been up to, and things to do through the 25th.
South Valley real estate market update: October 2026 data
Studio City’s median rose 13.5% in Redfin’s October data, while Sherman Oaks, Encino and North Hollywood came in lower than last year. That means more negotiating room for buyers in most of the South Valley.
| Area | Median sale price (3 mo. to Oct) | vs. last year | Sold in Oct (Oct 2025) | Median days |
|---|---|---|---|---|
| Studio City 91604 | $1,816,569 | +13.5% | 82 (83) | 75 |
| Sherman Oaks 91423 | $1,456,753 | −6.8% | 74 (71) | 53 |
| Sherman Oaks 91403 | $1,279,344 | −20.6% | 50 (60) | 71 |
| Encino 91436 | $2,123,911 | −8.9% | 59 (46) | 68 |
| North Hollywood 91601 | $834,072 | −8.3% | 33 (39) | 76 |
The bigger picture: Redfin’s October report (Nov 10) found the U.S. median sale price slipped 0.4% from a year earlier to $388,634, the first annual dip since May 2023. The Los Angeles metro went the other way: $921,012, up 1.9%, but with pending sales down 17.4%. Prices are holding; fewer deals are getting signed. Read more.
Mortgage rates: Freddie Mac’s survey for the week of Nov 12 put the 30-year fixed at 7.11% and the 15-year at 6.45%, the fourth weekly drop in a row. Daily rate trackers can still move day to day, so check today’s rate before you lock. Read more.
Sources: Redfin housing-market pages for each ZIP (all home types; Redfin calculations from MLS and/or public records), October 2026 data, checked Nov 11, 2026 PT. Median sale price is Redfin’s three-month figure ending October; “sold” is homes sold in October 2026 vs. October 2025. Single ZIPs swing with the mix of homes that sold (condo vs. house), so a big jump or drop is not the same as your home’s value moving that much. Freddie Mac PMMS, Nov 12, 2026 (national averages, not a quote). Deemed reliable but not guaranteed.
Housing and the economy: what this week’s news means for South Valley buyers and sellers (week of Nov 9, 2026)
U.S. prices dipped for the first time since 2023. LA’s didn’t. Nationally, 36% of homes had a price cut in October, a record in Redfin’s data, and about 15% of pending deals fell through. Here’s what that means for buyers, sellers and veterans (with a VA loan refresher). Continue reading.
A hotter inflation report pushed rates back up. October consumer prices rose 0.4% (core 0.3%), a tenth above forecasts, and futures traders now fully expect a Fed rate hike in December. Continue reading.
Jobs are strong. Buyers are still waiting. Employers added 165,000 jobs in October and unemployment was 4.1%, yet contract signings were down 17% from a year earlier, the weakest October on record in Realtor.com’s data. Continue reading.
Also new on our site: what NAR’s 2026 buyer profile says about first-time buyers (22% of purchases, median age 40) and our Props. 1 and 37 explainer. Prop. 1 had 61.1% Yes in the Secretary of State’s semi-official count as of Nov 10; results are certified Dec 11. All housing news.
From Andy and Rebekah, your South Valley real estate team
Rebekah’s new story. Rebekah just wrote about her 2026 race season and what it taught her about faith, grit and motherhood. It started with a stroller: she pushed William on her runs for most of his first year. Eight months after he was born she won her age group at the 2025 Castaic Lake Triathlon, and on Oct 18 she placed 1st in her F35–39 age group at the Cal Tri LA Olympic Triathlon. It’s written for every mom who wonders if there’s still room for her own goals. Read more.
From me. I’ve been recording short talks about the part of real estate nobody puts on a flyer. This week: Is Fear About to Kill Your Deal? and What Acting Taught Me About Real Estate. On our Entity Realty channel we also posted VA Loan 101 for Veterans Day and 3 Santa Clarita hikes for a Sunday reset. Read more.
Things to do in South Valley: events Nov 12–25, 2026
Drum Circle
Thu, Nov 12 · 6:15–7:15 PM
Sherman Oaks Library, 14245 Moorpark St. Percussionist Roberto Gutierrez brings the drums; just show up. Event details · Read more.
November Book Discussion
Sat, Nov 14 · 3–4 PM
North Hollywood Regional Library, 5211 Tujunga Ave. This month: One Flew Over the Cuckoo’s Nest. Event details · Read more.
Dance Theatre of Harlem: “Higher Ground”
Sat, Nov 14 · 8 PM
The Soraya at CSUN, Northridge. Limited availability. Event details · Read more.
Holiday in the Park
Fri, Nov 20 · 4–10 PM
Magnolia Blvd, Hollywood Way to Buena Vista St. Free: Ferris wheel, Santa photos, two stages, car show and food. Quiet Hour 4–5 PM; Magnolia closes to traffic at 9 AM. Event details · Read more.
Downtown Burbank Winter Wine Walk
Sat, Nov 21 · Noon–8 PM
Downtown Burbank. Free street fair with live entertainment and a snowfall; ticketed wine tasting 4–7 PM (21+). Event details · Read more.
Event details checked Nov 11, 2026 PT from the organizer or city listing. Schedules change, so confirm before you go.
Here’s what I’m hearing from most of you in the South Valley: you want to know whether this is a good window to buy or sell, and what your home (or the one you’re eyeing) is really worth, now that prices are holding but buyers are negotiating harder.
Does that match what you’re looking for? Did I miss anything?
Here’s my next step: send me your street, or the neighborhood you’re watching, and I’ll send you the three closest recent sales and what you’d be competing with today, within one business day. You can also search every home for sale on our site.
Call or text anytime: 661-877-4162.
Talk soon,
Andy
Looking at homes in South Valley?
Search South Valley homes for sale on entityrealty.com, or see events for every area we cover. Thinking about buying or selling? Talk to our team or call or text 661-877-4162. Find us on Instagram at @entityrealty.
Andy Martinez Jr., Owner/Broker · CA DRE #01978202 · CO Real Estate Lic. #EI.100111345 · Company NMLS #2371431 · Andy Martinez Jr., MLO NMLS #2171006. Entity Mortgage and Realty, 26254 Prima Way, Santa Clarita, CA 91350. Equal Housing Opportunity. Market information from the sources noted in each section; deemed reliable but not guaranteed. Events and restaurant details come from public sources and can change, so confirm before you go.