Woodland Hills Real Estate: July 2011

This is your monthly update on the Woodland Hills Real Estate Market.  Keeping informed of the overall market trends in the area you are looking to buy makes you a more informed and powerful consumer.  If you are selling or interested in selling, knowing the current pricing trends can help you determine what the value of your home is.

287 Properties are currently on the market

  • 233 single family residences at an average price $713,170; average days on market 85; average price per square foot is $268.61
  • 41 condos at an average price of $247,178; average days on market 114;  average price per square foot is $274.64
  • 10 townhomes average price $356,595; average days on market 78; average price per square foot is $230.81
  • 3 stock cooperatives average price $228,983; average days on market 67; average price per square foot is $226.04

74 Properties came on the market in July

  • 61 were single family residences at an average price of $718,747; average price per square foot $281.75
  • 7 were condos at an average price of $254,100; average price per square foot $273.81
  • 5 were townhomes at an average price of 346,790; average price per square foot $208.78
  • 1 stock cooperative price of $270,000; price per square foot $215.31

66 Properties sold in July

  • 49 single family residences sold at an average price of $564,091; selling after an average of 85 days on the market; average price per square foot $255.13
  • 12 condos sold at an average price of $218,742; selling after an average of 92 days on the market; average price per square foot  $212.58
  • 5 townhomes at an average price of $315,580; selling after an average of 54 days on the market; average price per square $190.10

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

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