This report covers the first two weeks of September.
The Westwood Los Angeles real estate market is chugging along in the under $2 million category. Three homes and 6 condos sold in that price range.
Westwood Los Angeles homes under $2 million are doing better than condos in the same. Average days on the market for single family homes are almost half those for condos. The single family home months inventory indicates a strong sellers' market while for condos it is still a buyers' market
The luxury market, homes and condos over $2 million remains sluggish. There have been no sales in the month of September. Months inventory for single family homes is fairly balanced at 6.66 months, but the high end condo market has a staggering 35 months inventory
| Westwood Real Estate Market Sales Trend |
Sales | Low | Median | High | Avg DOM | % Sold vs List Price | Active Listings | Months Inventory |
| Houses Under $2M |
3 | $1,100,000 |
$1,600,000 |
$1,670,000 | 40 | 94.51 |
17 |
2.64 |
| Houses Over $2M |
0 |
15 |
6.66 |
|||||
| Condos Under $2M | 6 | $350,000 |
$625,000 |
$825,000 |
78 |
98.31 |
151 |
8.38 |
| Condos Over $2M | 0 |
|
34 |
35 |
Data provided by MLS CLAW deemed reliable, but not guaranteed.
12 homes are under contract under $2M
6 homes are under contract over $2M
29 condos are under contract under $2M
1 condo is under contract over $2M
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