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Market Snapshot Of Active Westwood Homes March 3rd, 2013

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Market Snapshot


Active Single Family Homes In Westwood

Westwood single family home inventory still remains approximately ~50% under last years year to date levels. With the extreme shortage of available good homes, multiples offers can 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 Listings42475
Average Days on Market40732963116
Low Price $2,195,0001,299,0001,149,000749,000775,000
Median Price $2,672,5002,647,4501,262,0001,299,0001,075,000
High Price $3,599,0003,995,0002,990,0001,755,0001,999,000
Average Price $2,784,7502,647,4501,665,7501,264,2861,299,600
Average Sq. Ft. (House)4,3254,5682,7932,4712,359
Average Price / Sq. Ft. $644580597512551
Average Lot Size9,2057,8037,0725,8725,816
Average Price / Lot Size $303339236215223
These stats include all areas of Westwood (90024, 90025, 90064, 90049).
Source: CLAW MLS -Information deemed reliable but not guaranteed.