This Month in Hidden Hills Real Estate: April 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.

39 properties are currently on the market

  • All 39 single family residences at an average price of $3,458,538; average days on market is 80; average price per square foot is $570.81
  • The most expensive is $7,495,000; it has been on the market 355 days; the price per square foot is $469.23
  • 3 short sales with an average price of $1,599,667; average days on market 134; average price per square foot $916.71

8 properties came on the market in April

  • 8 single family residence at an average price of $3,444,750; average price per square foot is $507.10

2 properties sold in April

  • 2 single family residences at an average price of $2,492,500; after an average of 72 days on the  market; average price per square foot $410.90
  • 1 short sale sold at a price of $1,540,000; after 105 days on the market; price per square foot $297.41

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

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