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.
178 properties are currently on the market:
- 120 single family residences at an average price of $1,283,642; average days on market is 105; average price per square foot is $362.00
- 38 condos at an average price of $214,612; average days on market is 111; average price per square foot is $189.09
- 20 townhomes at an average price of $337,217; average days on market is 94; average price per square foot is $203.76
41 properties came on the market in July:
- 24 were single family residences at an average price of $1,135,785; average price per square foot is $382.93
- 11 were condos at an average price of $207,877; average price per square foot is 170.95
- 6 were Townhomes at an average price of $356,833; average price per square foot is 218.51
25 properties sold in July:
- 17 single family residence sold at an average price of $907,412; selling after an average of 141 days on the market; at an average price per square foot is $275.22
- 7 condos sold at an average price of $232,528; selling after an average of 26 days on the market; at an average price per square foot is $164.56
- 1 townhome sold at a price of $215,000; selling after 41 days on the market; at an average price per square foot is $196.17
Check back next month to get the latest update on the Tarzana real estate market.