Woodland Hills Real Estate: February 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.

305 Properties are currently on the market

  • 210 single family residences at an average price $726,041; average days on market 88; average price per square foot is $274.08
  • 76 condos at an average price of $246,087; average days on market 88;  average price per square foot is $252.39
  • 16 townhomes average price $365,786; average days on market 125; average price per square foot is $241.60
  • 3 stock cooperatives average price 210,000; average days on market 130; average price per square foot is $225.56

78 Properties came on the market in February

  • 60 were single family residences at an average price of $705,176; average price per square foot $267.31
  • 15 were condos at an average price of $227,187; average price per square foot $241.43
  • 3 were townhomes at an average price of 350,633; average price per square foot $292.44

49 Properties sold in February

  • 37 single family residences sold at an average price of $552,395; selling after 104 days on the market; average price per square foot $243.45
  • 12 condos sold at an average price of $246,413; selling after 80 days on the market; average price per square foot  $231.59

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