Neighborhood Pages: Woodland Hills

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Last time I wrote a post, I took a look at some of the information that Redfin’s neighborhood pages yielded in the LAX area. I’ll now be covering real estate for Woodland Hills and its surrounding communities.

I thought I’d familiarize myself with my new area and (conveniently) bring you along for the ride.

First, a very brief history. I did a little investigating and found out that Woodland Hills is the site where the treaty to end the Mexican War was signed. This event allowed California to become our 31st state. (Who knew?)

Let’s take a look at the 91367 zip code, the part of Woodland Hills that sits north of Ventura Boulevard and is generally more affordable than “south of the Boulevard.” According to our neighborhood pages, the most expensive home in the area is $4,800,000 (yikes!) and the least expensive home is $175,000.

The current average listed price per square foot is $342, while the average sold price per square foot is $302.

Just for kicks, let’s also look at the DQ News stats. Year-over-year prices for single-family homes have dropped 26.5% for July from 2007 to 2008. But their median price is at $319 a square foot for July in the 91367 zip code.

Is anyone here shopping in this area? If so, drop a line and let me know if you’re looking for specific information. I’ll do my best to accommodate where possible.

  • http://www.thishikingtrail.com candice

    I am looking in the Woodland Hills area. I would love to know about the housing activity/trends in this area. I’ve been seeing home prices drop, but very very slowly. You sort of have to divide out the areas by smaller than zip code. Walnut Acres isn’t in the same league as the rest of 91367. I’ve seen some short sales, but not many foreclosures. Any idea what’s coming down the pipeline in that arena?

  • http://losangeles.redfin.com/blog/category/marina_del_rey_playa_del_rey_westchester Christina Chan

    Thanks Candice. I’ll keep that in mind for future!

  • Julie

    My husband and I have been looking (on and off) for our first home since the end of 2006. We’ve been looking along the 101 in the valley. Woodland/West Hills seems like where we’ll end up since it’s whats dropping into our price range with the short sales. When we first started looking, we were looking at condos in the same range that the homes are in now. Glad we waited! Don’t know how much longer I can handle living in an apartment though and how much longer we can wait for the market to hit the “bottom”.

  • http://losangeles.redfin.com/blog/category/marina_del_rey_playa_del_rey_westchester Christina Chan

    Hi Julie-

    Thanks for your comment. I’m personally interested in looking in the West Hills/Woodland Hills area as well. The LAX area, where I used to live/write for appears to be leveling off a bit, but the West Valley is still heading towards a steady decline.

  • Kent

    Having lived and owned in Woodland Hills since 1992, I like its convenience and steady, urban growth. WH has been very good to me.

  • http://losangeles.redfin.com/blog/author/christina.chan Christina Chan

    Thanks for the comment, Kent. Most people living here seem to love it.