Like most areas of Los Angeles, the Westwood neighborhood is suffering from low inventory, especially in the single family market.  Home to UCLA, it is a desirable place to live so it will be interesting to see how Westwood real estate fared in 2012.
Westwood single family home sales
Sold | +/- 2011 | Range | Median | +/- 2011 | Active | Range | Median | Pending |
105 | Â +39 | $855,000 to $13,750,000 | $1,580,000 | -4.53% | 8 | $1,039,000 to $18,500,000 | $1,652,000 | 5 |
Westwood condo salesÂ
These statistics include Wilshire Corridor condos which are also covered separately in a separate report.
Sold | +/- 2011 | Range | Median | +/- 2011 | Active | Range | Median | Pending |
286 | +58 | $169,230 to $6,550,000 | $539,500 | +5.78% | 88 | $309,900 to $11,995,000 | $864,000 | 36 |
Sellers Market | Balanced Market | Buyers’ Market |
Less than 5 months | 5 to 7 months | More than 7 months |
Information provided by MLS/CLAW deemed accurate but not guaranteed
Westwood real estate sales are up in both categories by a fairly healthy amount. Â The median price is down slightly for single family sales and up slightly for condo sales. Â Not a significant change either way.
There are only 8 single family homes available for sale at this time which makes that market significantly favor Westwood home sellers. Â The condo market is a little more balanced but still in the sellers’ corner.
Let’s hope that we some fresh inventory on the market soon.
Previous Westwood Market Reports
Westwood Real Estate Market Report November 2012
Westwood Real Estate Market Report October 2012
Westwood Real Estate Third Quarter Market Report 2012
Westwood Real Estate Half-Yearly Market Report June 2012
Homes for sale in Westwood
- MLS® #: 24-449959
- 1261 Angelo Dr
- Beverly Hills CA
- $195,000,000
- 16 Bed | 27 Bath | 50,000 SqFt
- 6.03 Acres
- MLS® #: 24-450729
- 10644 Bellagio Rd
- Los Angeles CA
- $195,000,000
- 7 Bed | 20 Bath | 0 SqFt
- 8.4 Acres
- MLS® #: 24-386575
- 729 Bel Air Rd
- Los Angeles CA
- $150,000,000
- 9 Bed | 20 Bath | 18,784 SqFt
- 3.32 Acres
- MLS® #: 23-231909
- 594 S Mapleton Dr
- Los Angeles CA
- $137,500,000
- 14 Bed | 27 Bath | 56,500 SqFt
- 4.6 Acres
- MLS® #: 23-321859
- 9505 Gloaming
- Beverly Hills CA
- $126,000,000
- 8 Bed | 20 Bath | 30,610 SqFt
- 2.19 Acres
- MLS® #: 24-435437
- 1200 Bel Air Rd
- Los Angeles CA
- $119,950,000
- 12 Bed | 17 Bath | 0 SqFt
- 2.08 Acres
- MLS® #: 24-399189
- 10936 Chalon Rd
- Los Angeles CA
- $115,000,000
- 9 Bed | 13 Bath | 14,941 SqFt
- 1.65 Acres
- MLS® #: 24-388903
- 73 Beverly Park Ln
- Beverly Hills CA
- $89,900,000
- 9 Bed | 22 Bath | 28,500 SqFt
- 2.68 Acres
- MLS® #: 24-387189
- 9904 Kip Dr
- Beverly Hills CA
- $88,000,000
- 10 Bed | 22 Bath | 24,757 SqFt
- 19.82 Acres
- MLS® #: 24-412907
- 1420 Davies Dr
- Beverly Hills CA
- $87,000,000
- 8 Bed | 14 Bath | 21,800 SqFt
- 7.8 Acres
- MLS® #: 24-369077
- 1499 Blueridge Dr
- Beverly Hills CA
- $85,000,000
- 13 Bed | 16 Bath | 28,000 SqFt
- 2.2 Acres
- MLS® #: 24-384393
- 27832 Pacific Coast Hwy
- Malibu CA
- $85,000,000
- 6 Bed | 8 Bath | 8,775 SqFt
- 2.27 Acres
- MLS® #: 24-440479
- 22368 Pacific Coast Hwy
- Malibu CA
- $75,000,000
- 9 Bed | 14 Bath | 11,074 SqFt
- 0.59 Acres
- MLS® #: 24-386085
- 107 Delfern Dr
- Los Angeles CA
- $75,000,000
- 10 Bed | 19 Bath | 21,000 SqFt
- 1.88 Acres
- MLS® #: 24-444367
- 24185 Case Ct
- Malibu CA
- $69,500,000
- 5 Bed | 7 Bath | 11,097 SqFt
- 3.89 Acres
- MLS® #: 23-310237
- 9650 Cedarbrook Dr
- Beverly Hills CA
- $68,000,000
- 19 Bed | 33 Bath | 78,000 SqFt
- 27.59 Acres
- MLS® #: 24-404851
- 410 Trousdale Pl
- Beverly Hills CA
- $68,000,000
- 5 Bed | 10 Bath | 18,000 SqFt
- 1.99 Acres
- MLS® #: 24-413783
- 2571 Wallingford Dr
- Beverly Hills CA
- $68,000,000
- 12 Bed | 24 Bath | 38,000 SqFt
- 5.2 Acres