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Market Snapshot Of Active Westwood Homes May 10th, 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 Listings94354
Average Days on Market5579254222
Low Price $1,999,9991,299,9001,249,000899,0001,295,000
Median Price $3,559,0002,134,5001,695,0001,249,0001,396,500
High Price $5,395,0003,995,0002,799,0002,195,0001,995,000
Average Price $3,440,7782,390,9751,914,3331,417,4001,520,750
Average Sq. Ft. (House)4,4383,7462,4832,8182,188
Average Price / Sq. Ft. $755593815503695
Average Lot Size11,68510,3856,5446,0866,605
Average Price / Lot Size $294230293233230
These stats include all areas of Westwood (90024, 90025, 90064, 90049).
Source: CLAW MLS -Information deemed reliable but not guaranteed.