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Westwood Real Estate 3rd Quarter Market Report 2012
Let’s check in on the Westwood real estate market and see how it has performed through the third quarter of 2012.
Since it is difficult to separate out the Wilshire Corridor condo market, which has its own reports, this report will cover single family homes.

Information takend from MLS/CLAW deemed reliable but not guaranteed.
Sold:  67, 20 more than in the same period last year.
Median Price:  $1,450,000 a 14.20% drop over the same period last year
Under Contract:  19
There are 20 active listings.
The median price is down and sales are up. With an average of 7.67 homes sold per month over the past 6 months, this means that it will take 2.61 months to sell the existing inventory, denoting a strong sellers’ market.
Westwood home sellers, now is still a great time to consider putting your properties on the market.
Homes for sale in Westwood Showing properties 1 - 20 of 20. See more Westwood Single Family for Sale. (all data current as of 10/7/2012)
$1,899,000 : 10539 LINDBROOK DR, Los Angeles 3 beds, 3.0 baths Home size: 2,845 sq ft Lot size: 10,017 sqft Year built: 1951 Parking spots: 4 Days on market: 3   $1,970,000 : 1291 WOODRUFF AVE, Los Angeles 5 beds, 4 full baths ... more

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