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Pet Planet Realty's Blog

By Pet Planet Realty | Agent in Calabasas, CA

This Month in Tarzana Real Estate: February 2011

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.

 

166 properties are currently on the market:

 

·        99 single family residences at an average price of $1,148,806; average days on market is 80; average price per square foot is $348.55

·        57 condos at an average price of $229,199; average days on market is 94;  average price per square foot is $191.64

·        10 townhomes at an average price of $299,723; average days on market is 75; average price per square foot is $205.00

 

59 properties came on the market in February:

 

·        36 were single family residences at an average price of $1,170,207; average price per square foot is $340.77

·        18 were condos at an average price of $244,154; average price per square foot is 196.10

·        5 were Townhomes at  an average price of $309,590; average price per square foot is 214.40

 

32 properties sold in February:

 

·        19 single family residence sold at an average price of $978,684; selling after 107 days on the market; at an average price per square foot is $292.66

·        11 condos sold at an average price of $296,945; selling after 108 days on the market; at an average price per square foot is $271.43

·        2 townhomes sold at an average price of $263,000; selling after 27 days on the market; at an average price per square foot is $223.26

 

Check back next month to get the latest update on the Tarzana real estate market.

 

Pet Planet Realty

The Pet Friendly, Eco-Friendly Realtor

10% of profits go to animal charities

www.PetPlanetRealty.com

 
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