Foreclosures & Short Sales in Woodland Hills: April 2011

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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 26% of the active listings in Woodland Hills.

1 Foreclosures are currently on the market

  • 1 single family residence at a price $675,000; days on market 4; price per square foot $194.19

67 Short Sales are currently on the market

  • 40 single family residences at an average price $601,267; average days on market 111; average price per square foot $249.90
  • 22 condos at an average price of $237,620; average days on market 115; average price per square foot $245.73
  • 5 townhomes average price of $272,000; average days on market 199; average price per square foot $226.29

1 Foreclosure came on the market in April

  • 1 single family residence priced at $675,000; price per square foot $194.19

16 Short Sales came on the market in April

  • 9 were single family residences at an average price of $511,772; average price per square foot $263.94
  • 6 were condos at an average price of $232,250; average price per square foot $256.63
  • 1 townhome priced at $320,000’ price per square foot $230.71

3 Foreclosures sold in April

  • 2 single family residences sold at an average price of$588,066; selling after an average of 517 days on the market; average price per square foot $251.42
  • 1 condo sold at a price of $158,000; selling after 42 days on the market; price per square foot $259.02

7 Short Sales sold in April

  • 4 single family residences sold at an average price of $452,858; selling after an average of 220 days on the market; average price per square foot $176.21
  • 1 condo sold at a price of $360,000; selling after 396 days on the market; price per square foot  $219.65
  • 2 townhome sold at an average price of $334,950; selling after an average of 153 day on the market; average price per square foot $217.36

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