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Market Snapshot Of Active Westwood Homes November 16th, 2012

Labels: , , , , , , , , ,

Market Snapshot

of

Active Single Family Homes In Westwood


Westwood single family home inventory still remains approximately ~45% under last years year to date levels. With the extreme shortage of available good homes, multiples offers are almost to be expected on most homes that hit the market. 


Key:
Little Holmby- Homes south of Sunset and north of Wilshire / East of UCLA
Westwood Hills- Homes south of Sunset and north of Wilshire / West of UCLA
SOW- Homes south of Wilshire and north of Santa Monica Blvd.
SOSM- Homes south of Santa Monica Blvd and north of Olympic
SOO- Homes south of Olympic and north of Pico.
ACTIVESLittle HolmbyWestwood HillsSOWSOSM SOO
# of Listings31754
Average Days on Market8718296297
Low Price $2,995,0001,295,0001,049,000799,000688,700
Median Price $4,795,000-1,349,0001,299,000887,000
High Price $7,850,000-2,200,0001,895,0001,529,000
Average Price $5,213,333-1,562,4291,277,400997,925
Average Sq. Ft. (House)6,8602,1872,0642,5431,830
Average Price / Sq. Ft. $760592600502545
Average Lot Size25,6125,0517,5345,5906,561
Average Price / Lot Size $204256207229152

These stats include all areas of Westwood (90024, 90025, 90064, 90049).
Source: CLAW MLS -Information deemed reliable but not guaranteed.