This Week in Woodland Hills Real Estate 2/13/11-2/20/11

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.

312 properties are currently on the market:

  • 212 single family residences at an average price of $724,111; average days on market is 85; average price per square foot is $274.80
  • 78 condos at an average price of $250,940; average days on market is 89;  average price per square foot is $258.70
  • 17 townhomes at an average price of $359,411; average days on market is 108; average price per square foot is $229.21
  • 5 stock cooperatives at an average price of 203,800; average days on market is 302; average price per square foot is $229.25

23 properties came on the market this week:

  • 19 were single family residences at an average price of $601,005; average price per square foot is $265.93
  • 2 were condos at an average price of $230,000; average price per square foot is $206.28
  • 2 were townhomes at an average price of 305,750; average price per square foot is 253.95

17 properties sold this week:

  • 11 single family residences sold at an average price of $590,800; selling after 109 days on the market;  average price per square foot is $259.92
  • 6 condos sold at an average price of $203,750; selling after 85 days on the market; average price per square foot is $247.87

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