Foreclosures & Short Sales in Woodland Hills: March 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 56% of the active listings in Woodland Hills.

5 Foreclosures are currently on the market

  • 3 single family residences at an average price $534,667; average days on market 77; average price per square foot $220.21
  • 2 condos at an average price of $204,000; average days on market 197;  average price per square foot $266.67

82 Short Sales are currently on the market

  • 49 single family residences at an average price $599,076; average days on market 94; average price per square foot $238.96
  • 29 condos at an average price of $245,512; average days on market 131; average price per square foot $233.82
  • 4 townhomes average price $296,500; average days on market 190; average price per square foot $234.57

1 Foreclosure came on the market in March

  • 1 single family residence priced at $599,000; average price per square foot $228.80

13 Short Sales came on the market in March

  • 11 were single family residences at an average price of $560,082; average price per square foot $236.92
  • 2 were condos at an average price of $249,500; average price per square foot $271.20

0 Foreclosures sold in March

13 Short Sales sold in March

  • 9 single family residences sold at an average price of $520,333; selling after 162 days on the market; average price per square foot $228.32
  • 4 condo sold at an average price of $262,500; selling after 90 days on the market; average price per square foot  $247.64

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