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Market Snapshot Of Active Westwood Homes November 16th, 2012

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Market Snapshot


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. 

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.