This is your weekly update on the Tarzana real estate market. Keeping informed of the overall market trends in the area you are looking to purchase, makes you a more informed and powerful consumer. If you are selling, knowing the current pricing trends can help you determine the value of your home.
167 properties are currently on the market:
- 99 single family residences at an average price of $1,113,957; average days on market is 77; average price per square foot is $347.02
- 55 condos at an average price of $231,657; average days on market is 105; average price per square foot is $191.45
- 9 townhomes at an average price of $305,123; average days on market is 81; average price per square foot is $205.89
20 properties came on the market this week:
- 12 were single family residences at an average price of $954,249; average price per square foot is $348.52
- 5 were condos at an average price of $210,580; average price per square foot is 183.59
- 3 were Townhomes at an average price of $281,317; average price per square foot is 215.90
7 properties sold this week:
- 5 single family residence sold at a price of $886,000; selling after 137 days on the market; price per square foot is $268.89
- 2 condos sold at an average price of $228,000; selling after 130 days on the market; at an average price per square foot is $154.36
Check back next week to get the latest update on the Tarzana real estate market.