Foreclosures & Short Sales in Tarzana: March 201

This is your monthly update on the foreclosures and short sales in Tarzana.  Keeping informed of the overall market trends in the area you are looking to buy makes you a more informed and powerful consumer.  Foreclosures & short sales represent 63% of the active listings in Tarzana.

3 Foreclosures is currently on the market

  • 2 single family residences at an average price $754,500; average days on market 127; average price per square foot $243.30
  • 1 Condo at a price of $129,777; days on market 151; price per square $165.53

60 Short Sales are currently on the market

  • 23 single family residences at an average price $757,211; average days on market 106; average price per square foot $273.56
  • 33 condos at an average price of $189,148; average days on market 121; average price per square foot $172.10
  • 4 townhomes average price $264,225; average days on market 144; average price per square foot $191.05

0 Foreclosure came on the market in March

16 Short Sales came on the market in March

  • 8 were single family residences at an average price of $610,488; average price per square foot $236.90
  • 7 were condos at an average price of $195,400; average price per square foot $152.54
  • 1 townhome at a price of $229,000; average price per square foot $199.65

0 Foreclosures sold in March

12 Short Sales sold in March

  • 7 single family residences sold at an average price of $624,993; selling after 148 days on the market; average price per square foot $248.21
  • 4 condos sold at an average price of $187,750; selling after 60 days on the market; average price per square foot  $178.98
  • 1 townhome sold for 208,363; selling after 48 days on the market; price per square foot $171.07

Check back in next month to get the latest update on the Tarzana real estate market.