Woodland Hills Real Estate: March 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.

156 Properties are currently on the market

  • 128 single family residences at an average price $785,650; average days on market 85; average price per square foot is $289.91
  • 19 condos at an average price of $281,037; average days on market 105;  average price per square foot is $287.36
  • 8 townhomes average price $376,261; average days on market 77; average price per square foot is $226.39
  • 1 stock cooperatives average price 159,000; average days on market 222; average price per square foot is $207.57

76 Properties came on the market in March

  • 63 were single family residences at an average price of $687,704; average price per square foot $277.64
  • 9 were condos at an average price of $261,711; average price per square foot $232.63
  • 4 were townhomes at an average price of 344,588; average price per square foot $228.05

45 Properties sold in March

  • 36 single family residences sold at an average price of $644,728; selling after 96 days on the market; average price per square foot $277.66
  • 9 condos sold at an average price of $242,253; selling after 38 days on the market; average price per square foot  $281.69

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