This is your weekly update on the Woodland 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.
314 properties are currently on the market:
· 218 single family residences at an average price of $718,301; average days on market is 91; average price per square foot is $272.08
· 74 condos at an average price of $259,630; average days on market is 80; average price per square foot is $267.93
· 17 townhomes at an average price of $378,320; average days on market is 107; average price per square foot is $230.68
· 5 stock cooperatives at an average price of 203,800; average days on market is 288; average price per square foot is $226.24
18 properties came on the market this week:
· 14 were single family residences at an average price of $790,286; average price per square foot is $278.96
· 2 were condos at an average price of $272,450; average price per square foot is $296.14
· 2 Townhouse at an average price of $420,950; price per square foot $235.03
19 properties sold this week:
· 9 single family residences sold at an average price of $610,833; selling after an average of 114 days on the market; average price per square foot is $235.38
· 8 condos sold at an average price of $203,613; selling after an average of 63 days on the market; average price per square foot is $692.37
· 1 townhouse at a price of $245,000; selling after 104 days on the market; price per square foot $233.33
· 1 stock cooperative selling at a price of $179,000; selling after 86 days on the market; price per square foot $236.77
Check back next week to get the latest update on the Woodland Hills real estate market.