Foreclosures & Short Sales in Woodland Hills: February 2011

This is your monthly update on the foreclosures and short sales in Woodland Hills.  Keeping informed of the overall market trends in the area you are looking to buy makes you a more informed and powerful consumer.  Foreclosures & short sales represent 32% of the active listings in Woodland Hills.

5 Foreclosures are currently on the market

  • 2 single family residences at an average price $502,500; average days on market 79; average price per square foot $215.29
  • 3 condos at an average price of $204,300; average days on market 116;  average price per square foot $286.54

94 Short Sales are currently on the market

  • 94 single family residences at an average price $617,628; average days on market 113; average price per square foot $234,30
  • 41 condos at an average price of $232,667; average days on market 98; average price per square foot $235.73
  • 7 townhomes average price $331,714; average days on market 175; average price per square foot $254.38

1 Foreclosure came on the market in February

  • 1 condo priced at $169,900; average price per square foot $278.52

19 Short Sales came on the market in February

  • 8 were single family residences at an average price of $525,613; average price per square foot $250.29
  • 9 were condos at an average price of $222,111; average price per square foot $240.90
  • 2 were townhomes at an average price of $364,500; average price per square foot $334.40

0 Foreclosures sold in February

11 Short Sales sold in February

  • 10 single family residences sold at an average price of $556,030; selling after 150 days on the market; average price per square foot $240.29
  • 1 condo sold at a price of $266,000; selling after 161 days on the market; average price per square foot  $260.78

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