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.
161 properties are currently on the market:
- 97 single family residences at an average price of $1,129,161; average days on market is 86; average price per square foot is $342.38
- 55 condos at an average price of $230,122; average days on market is 108; average price per square foot is $191.13
- 9 townhomes at an average price of $314,706; average days on market is 93; average price per square foot is $203.04
15 properties came on the market this week:
- 6 were single family residences at an average price of $1,422,167; average price per square foot is $388.68
- 6 were condos at an average price of $245,300; average price per square foot is $209.48
- 3 were Townhomes at an average price of $341,317; average price per square foot is 210,04
6 properties sold this week:
- 5 single family residence sold at a price of $1,180,000; selling after 99 days on the market; price per square foot is $313.25
- 1 condo sold at a price of $240,000; selling after 259 days on the market; price per square foot is $163.82
Check back next week to get the latest update on the Tarzana real estate market.