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.
100 properties are currently on the market:
- 71 single family residences at an average price of $1,247,112; average days on market is 80; average price per square foot is $364.76
- 15 condos at an average price of $289,880; average days on market is 68; average price per square foot is $233.58
- 14 townhomes at an average price of $349,989; average days on market is 35; average price per square foot is $216.85
65 properties came on the market in March:
- 36 were single family residences at an average price of $1,042,148; average price per square foot is $314.37
- 15 were condos at an average price of $235,027; average price per square foot is 212.31
- 14 were Townhomes at an average price of $312,568; average price per square foot is 198.96
15 properties sold in March:
- 9 single family residence sold at an average price of $599,322; selling after 80 days on the market; at an average price per square foot is $276.19
- 4 condos sold at an average price of $267,000; selling after 58 days on the market; at an average price per square foot is $184.14
- 2 townhomes sold at an average price of $292,500; selling after 24 days on the market; at an average price per square foot is $181.56
Check back next month to get the latest update on the Tarzana real estate market.