Foreclosures & Short Sales in Tarzana: April 2011

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 29% of the active listings in Tarzana.

2 Foreclosures is currently on the market

  • 2 single family residences at an average price $754,500; average days on market 156; average price per square foot $243.31

52 Short Sales are currently on the market

  • 18 single family residences at an average price $719,322; average days on market 131; average price per square foot $292.05
  • 32 condos at an average price of $184,406; average days on market 132; average price per square foot $175.29
  • 2 townhomes average price $264,000; average days on market 63; average price per square foot $198.50

0 Foreclosure came on the market in April

9 Short Sales came on the market in April

  • 3 were single family residences at an average price of $691,650; average price per square foot $305.76
  • 6 were condos at an average price of $192,167; average price per square foot $187.86

0 Foreclosures sold in April

7 Short Sales sold in April

  • 2 single family residences sold at an average price of $570,000; selling after an average of 20 days on the market; average price per square foot $223.18
  • 4 condos sold at an average price of $215,875; selling after an average of 83 days on the market; average price per square foot  $172.01
  • 1 townhome sold for 300,000; selling after 76 days on the market; price per square foot $171.53

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