• calendar_month October 2, 2022
• folder Absorption Rate

Growing up in Los Angeles the valley definitely was a debatable subject... people either loved it or hated it! Moves like Clueless gave it a reputation for being less desirable than the "cooler" (pun-intended) locations of LA like Beverly Hills and West Hollywood. Well I think those days are behind us with more and more people flocking to the larger lots, safer cities and better school districts that are offered in pockets of the Valley like Tarzana. 

Currently the Tarzana real estate market is at a 80% absorption rate making it one of the healthiest real estate markets in LA! Reminder any area that has more than a 20% absorption rate is considered a health market and one that seller's are thriving in! 

We currently have 41 active single family homes in inventory. In the last 30 days we have 33 single family homes sold at a median price of $739 per SQFT! 

If you are looking for the perfect single family home where you know your purchase will only build equity Tarzana is a great place to start looking ! More so if you own a home in Tarzana you maybe sitting on a pot of gold!