Woodland Hills Real Estate: February 2013

This is a review of February’s real estate market in Woodland Hills.  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.

101 properties came on the market in February:

  • 76 were single family residences at an average price of $691,035; average price per square foot is $274.33
  • 21 were condos at an average price of $272,778; average price per square foot is $317.72
  • 3 Townhouses at an average price of $274,950; average price per square foot is $207.20
  • 1 Commercial/Residential priced at $395,00: price per square foot is $241.15

72 properties sold in February:

  • 58 single family residences sold at an average price of $601,950; selling after an average of 71 days on the market;  average price per square foot is $254.10
  • 9 condos sold at an average price of $289,210; selling after an average of 46 days on the market;  average price per square foot is $283.82
  • 4 townhouses at an average price of $317,475; selling after an average of 64 days on the market; average price per square foot is $236.22
  • 1 stock cooperative selling at a price of $167,500; selling after  47 days on the market; price per square foot is $218.

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