This Month in Tarzana Real Estate: April 2011

This is your monthly 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.

189 properties are currently on the market:

  • 118 single family residences at an average price of $1,185,697; average days on market is 86; average price per square foot is $359.19
  • 56 condos at an average price of $210,079; average days on market is 101;  average price per square foot is $190.81
  • 15 townhomes at an average price of $339,487; average days on market is 45; average price per square foot is $215.14

55 properties came on the market in April:

  • 38 were single family residences at an average price of $1,443,251; average price per square foot is $384.25
  • 14 were condos at an average price of $207,429; average price per square foot is 188.05
  • 3 were Townhomes at  an average price of $394,983; average price per square foot is 219.56

36 properties sold in April:

  • 20 single family residence sold at an average price of $712,150; selling after an average of 64 days on the market; at an average price per square foot is $283.95
  • 11 condos sold at an average price of $157,159; selling after an average of 56 days on the market; at an average price per square foot is $173.27
  • 5 townhomes sold at an average price of $275,000; selling after an average of 66 days on the market; at an average price per square foot is $179.50

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