This is your weekly 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.
157 properties are currently on the market:
- 95 single family residences at an average price of $1,190,184; average days on market is 96; average price per square foot is $346.18
- 54 condos at an average price of $225,473; average days on market is 106; average price per square foot is $190.43
- 8 townhomes at an average price of $284,663; average days on market is 81; average price per square foot is $208.08
14 properties came on the market this week:
- 10 were single family residences at an average price of $1,186,490; average price per square foot is $333.47
- 2 were condos at an average price of $164,500; average price per square foot is $172.61
- 2 townhouse price $256,950; price per square foot is $203.76
8 properties sold this week:
- 5 single family residences sold at an average price of $622,700; selling after an average of 65 days on the market; average price per square foot is $232.17
- 3 condos sold at an average price of $233,167; selling after 157 days on the market; average price per square foot is $185.93
Check back next week to get the latest update on the Tarzana real estate market.