Foreclosures & Short Sales in Encino: April 2011

This is your monthly update on the foreclosures and short sales in Encino.  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 19% of the active listings in Encino.

1 Foreclosure is currently on the market

  • 1 condo priced at a price of $160,000; days on market 89; price per square foot $195.36

41 Short Sales are currently on the market

  • 15 single family residences at an average price $964,000; average days on market 82; average price per square foot $346.76
  • 22 condos at an average price of $224,030; average days on market 133; average price per square foot $205.16
  • 4 townhomes average price $390,500; average days on market 129; average price per square foot $205.33

0 Foreclosure came on the market in April

12 Short Sales came on the market in April

  • 6 were single family residences at an average price of $1,177,667; average price per square foot $379.89
  • 5 were condos at an average price of $252,100; average price per square foot $231.49
  • 1 townhome at a price of 299,000; average price per square foot 169.50

2 Foreclosures sold in April

  • 1 single family residence sold at a price of $1,575,000; selling after 59 days on the market; price per square foot $433.64
  • 1 condo sold at a price of $218,000; selling after 24 day on the market; price per square foot $190.56

12 Short Sales sold in April

  • 6 single family residences sold at an average price of $595,500; selling after an average of 180 days on the market; average price per square foot $251.37
  • 6 condos sold at an average price of $197,500; selling after an average of 121 days on the market; average price per square foot  $176.65

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