This is your monthly 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.
166 properties are currently on the market:
- 99 single family residences at an average price of $1,148,806; average days on market is 80; average price per square foot is $348.55
- 57 condos at an average price of $229,199; average days on market is 94; average price per square foot is $191.64
- 10 townhomes at an average price of $299,723; average days on market is 75; average price per square foot is $205.00
59 properties came on the market in February:
- 36 were single family residences at an average price of $1,170,207; average price per square foot is $340.77
- 18 were condos at an average price of $244,154; average price per square foot is 196.10
- 5 were Townhomes at an average price of $309,590; average price per square foot is 214.40
32 properties sold in February:
- 19 single family residence sold at an average price of $978,684; selling after 107 days on the market; at an average price per square foot is $292.66
- 11 condos sold at an average price of $296,945; selling after 108 days on the market; at an average price per square foot is $271.43
- 2 townhomes sold at an average price of $263,000; selling after 27 days on the market; at an average price per square foot is $223.26
Check back next month to get the latest update on the Tarzana real estate mar