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.

Westwood Real Estate Market Report 3rd Qtr 2012

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. $1,899,000 : 10539 LINDBROOK DR, Los Angeles
    Photo of 10539 LINDBROOK DR, Los Angeles, CA 90024 (MLS # 12628341)
    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
     
  2. $1,970,000 : 1291 WOODRUFF AVE, Los Angeles
    Photo of 1291 WOODRUFF AVE, Los Angeles, CA 90024 (MLS # 12627991)
    5 beds, 4 full baths
    Home size: 2,790 sq ft
    Lot size: 7,435 sqft
    Year built: 1936
    Days on market: 5
     
  3. $1,349,000 : 10507 EASTBORNE AVE, Los Angeles
    Photo of 10507 EASTBORNE AVE, Los Angeles, CA 90024 (MLS # 12627827)
    3 beds, 3 full baths
    Home size: 2,108 sq ft
    Lot size: 6,500 sqft
    Year built: 1930
    Days on market: 6
     
  4. $4,995,000 : 10401 WYTON DR, Los Angeles
    Photo of 10401 WYTON DR, Los Angeles, CA 90024 (MLS # 12627537)
    9 beds, 7.5 baths
    Home size: 7,371 sq ft
    Lot size: 21,214 sqft
    Year built: 1934
    Parking spots: 5
    Days on market: 7
     
  5. $1,299,000 : 1730 ENSLEY AVE, Los Angeles
    Photo of 1730 ENSLEY AVE, Los Angeles, CA 90024 (MLS # 12626627)
    3 beds, 2 full baths
    Home size: 2,194 sq ft
    Lot size: 6,500 sqft
    Year built: 1936
    Days on market: 12
     
  6. $1,485,000 : 1343 THAYER AVE, Los Angeles
    Photo of 1343 THAYER AVE, Los Angeles, CA 90024 (MLS # 12626221)
    3 beds, 2.0 baths
    Lot size: 7,521 sqft
    Year built: 1925
    Parking spots: 2
    Days on market: 14
     
  7. $1,049,000 : 1676 FAIRBURN AVE, Los Angeles
    Photo of 1676 FAIRBURN AVE, Los Angeles, CA 90024 (MLS # 12626123)
    4 beds, 3.0 baths
    Home size: 2,500 sq ft
    Lot size: 6,323 sqft
    Year built: 1950
    Days on market: 14
     
  8. $1,195,000 : 1660 PANDORA AVE, Los Angeles
    Photo of 1660 PANDORA AVE, Los Angeles, CA 90024 (MLS # 12622085)
    3 beds, 1 full, 1 part baths
    Home size: 1,777 sq ft
    Lot size: 6,668 sqft
    Year built: 1939
    Days on market: 37
     
  9. $1,299,000 : 435 LEVERING AVE, Los Angeles
    Photo of 435 LEVERING AVE, Los Angeles, CA 90024 (MLS # 12621403)
    3 beds, 2 full baths
    Home size: 2,335 sq ft
    Lot size: 6,759 sqft
    Year built: 1937
    Parking spots: 2
    Days on market: 41
     
  10. $7,850,000 : 830 BIRCHWOOD DR, Los Angeles
    Photo of 830 BIRCHWOOD DR, Los Angeles, CA 90024 (MLS # 12617333)
    5 beds, 7.0 baths
    Home size: 9,593 sq ft
    Lot size: 1.07 ac
    Year built: 1929
    Parking spots: 7
    Days on market: 63
     
  11. $2,995,000 : 808 GLENMONT AVE, Los Angeles
    Photo of 808 GLENMONT AVE, Los Angeles, CA 90024 (MLS # 12615479)
    4 beds, 4 full, 1 part baths
    Home size: 3,617 sq ft
    Lot size: 9,007 sqft
    Year built: 1928
    Parking spots: 4
    Days on market: 73
     
  12. $2,895,000 : 344 DALEHURST AVE, Los Angeles
    Photo of 344 DALEHURST AVE, Los Angeles, CA 90024 (MLS # 12615455)
    4 beds, 4.0 baths
    Home size: 3,114 sq ft
    Lot size: 9,233 sqft
    Year built: 1940
    Parking spots: 3
    Days on market: 73
     
  13. $3,995,000 : 10723 LE CONTE AVE, Los Angeles
    Photo of 10723 LE CONTE AVE, Los Angeles, CA 90024 (MLS # 12613859)
    6 beds, 6.0 baths
    Home size: 6,579 sq ft
    Lot size: 7,655 sqft
    Year built: 2004
    Parking spots: 4
    Days on market: 81
     
  14. $5,995,000 : 868 BIRCHWOOD DR, Los Angeles
    Photo of 868 BIRCHWOOD DR, Los Angeles, CA 90024 (MLS # 12612619)
    4 beds, 3 full, 2 part baths
    Home size: 6,167 sq ft
    Lot size: 22,925 sqft
    Year built: 1932
    Parking spots: 6
    Days on market: 87
     
  15. $26,000,000 : 330 S MAPLETON DR, Los Angeles
    Photo of 330 S MAPLETON DR, Los Angeles, CA 90024 (MLS # 12610171)
    6 beds, 7 full, 7 part baths
    Home size: 27,816 sq ft
    Lot size: 1.18 ac
    Year built: 1993
    Parking spots: 15
    Days on market: 98
     
  16. $3,595,000 : 10573 LE CONTE AVE, Los Angeles
    Photo of 10573 LE CONTE AVE, Los Angeles, CA 90024 (MLS # 12603205)
    6 beds, 5.0 baths
    Home size: 6,429 sq ft
    Lot size: 13,372 sqft
    Year built: 1940
    Days on market: 132
     
  17. $2,649,000 : 542 WARNER AVE, Los Angeles
    Photo of 542 WARNER AVE, Los Angeles, CA 90024 (MLS # 12600635)
    4 beds, 3.5 baths
    Home size: 3,153 sq ft
    Lot size: 9,626 sqft
    Year built: 1936
    Parking spots: 2
    Days on market: 145
     
  18. $3,699,000 : 765 Westholme Avenue, Los Angeles
    Photo of 765 Westholme Avenue, Los Angeles, CA 90024 (MLS # S12053351)
    6 beds, 5 full, 1 part baths
    Home size: 5,655 sq ft
    Lot size: 8,121 sqft
    Year built: 2009
    Parking spots: 2
    Days on market: 164
     
  19. $19,900,000 : 10224 CHARING CROSS RD, Los Angeles
    Photo of 10224 CHARING CROSS RD, Los Angeles, CA 90024 (MLS # 12574941)
    7 beds, 10.0 baths
    Home size: 9,632 sq ft
    Lot size: 1.49 ac
    Year built: 1932
    Parking spots: 7
    Days on market: 270
     
  20. $3,995,000 : 601 WOODRUFF AVE, Los Angeles
    Photo of 601 WOODRUFF AVE, Los Angeles, CA 90024 (MLS # 12574515)
    6 beds, 7.5 baths
    Home size: 5,533 sq ft
    Lot size: 16,944 sqft
    Year built: 1938
    Days on market: 272
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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9 Comments on Westwood Real Estate 3rd Quarter Market Report 2012

OCT
07
1,100,255 Points 25 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Jane, WOW the listings in this post are beautiful and all in the millions...but that one at $26M is something we don't see in my area :)
6:34pm • #1
942,700 Points 95 Featured Posts Outside Blog Attended Rain Camp
I love that you have the latest listings at the bottom. I am drooling over the flooring on the Levering street listing, but fear that I do not need a property in LA right now.
6:36pm • #2
762,680 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Rebecca,  well they are sporadic here too :)

Melissa,  come on.  You know you want one.
6:46pm • #4
OCT
08
852,282 Points 72 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jane, This is a detailed 3rd quarter Westwood real estate market report. So many beautiful homes ... what a nice market to work in.  This is a classic example of how real estate is local.  I am surprised to see the 14.20% decrease from last year in the median price of Westwood homes.
7:32am • #5
762,680 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Kathleen, and this will continue to rise due to the extreme shortage of inventory.  Thanks for coming by :)
10:05am • #6
275,808 Points 3 Featured Posts Attended Rain Camp Called Shot Master

Jane, you have a great market report for anyone looking to buy into Westwood real estate for single family homes.  I keep reading about you saying the market is tight with limited inventory and your 2.6 month supply of homes supports that.  WOW!!!  Best wishes for some buyers or a new listing from this post!
9:55pm • #7
OCT
09
1,653,518 Points 134 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jane, I love this presentation with both the stats and some homes presented for sale.  
4:49am • #8
637,065 Points 10 Featured Posts Localism Sponsor Outside Blog

These Westwood homes are beautiful, and it's hard to believe that they median price is down from last year, somebody is going to get a great deal if they move fast.
7:02am • #9
762,680 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Bruce,  would love to see some sellers come onboard :)

Judi,  thank you.

Larry, if they can find anything :)
10:54am • #10


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Jane Peters - Los Angeles Real Estate DRE# 01439865

Los Angeles, CA

More about me…

Power Brokers Int'l

Address: Beverly Hills, CA, 90210

Office Phone: (310) 473-6919

Cell Phone: (310) 473-6919

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A Los Angeles Realtor® specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.

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