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Market Snapshot Of Active Westwood Homes March 3rd, 2013

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Market Snapshot

of

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. 


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 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.