This Month in Hidden Hills Real Estate: February 2011

This is your monthly update on the Hidden Hills 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.

25 properties are currently on the market

  • All 25 single family residences at an average price of $3,053,080; average days on market is 94; average price per square foot is $564.65
  • The most expensive is $5,995,000; it has been on the market 294 days; the price per square foot is $490.83
  • 4 short sales with an average price of $1,321,000; average days on market 104; average price per square foot $479.31

9 properties came on the market in February

  • 9 single family residence at an average price of $3,141,780; price per square foot is $617.60

2 properties sold this week:

  • 2 single family residences at an average price of $1,237,500; average days on market 113; average price per square foot $436.82

Check back next month to get the latest update on the Hidden Hills real estate market.