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 | +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 sales
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. The median price is down slightly for single family sales and up slightly for condo sales. 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. 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
Condo
Land
Rental
Single Family
- MLS® #: 22-151323
- 33550 PACIFIC COAST HWY
- MALIBU CA
- $195,000,000
- 16 Bed | 22 Bath | 25,025 SqFt
- 4.81 Acres
- MLS® #: 23-274283
- 869 Tione Rd
- Los Angeles CA
- $185,000,000
- 10 Bed | 23 Bath | 34,380 SqFt
- 2.65 Acres
- MLS® #: 23-231909
- 594 S Mapleton Dr
- Los Angeles CA
- $155,000,000
- 14 Bed | 27 Bath | 56,500 SqFt
- 4.6 Acres
- MLS® #: WS23036820MR
- 6300 Stephens Ranch RD
- LA VERNE CA
- $99,000,000
- Bed | 0 Bath | 0 SqFt
- 197 Acres
- MLS® #: 23-282597
- 24168 Case Ct
- Malibu CA
- $95,000,000
- 7 Bed | 8 Bath | 10,272 SqFt
- 3.35 Acres
- MLS® #: 23-263715
- 9904 Kip Dr
- Beverly Hills CA
- $88,000,000
- 10 Bed | 22 Bath | 24,260 SqFt
- 19.82 Acres
- MLS® #: 21-791862
- 1210 Benedict Canyon Dr
- Beverly Hills CA
- $85,000,000
- 11 Bed | 16 Bath | 27,150 SqFt
- 2.69 Acres
- MLS® #: 23-313098
- 1028 Ridgedale Dr
- Beverly Hills CA
- $85,000,000
- 12 Bed | 18 Bath | 24,325 SqFt
- 0.95 Acres
- MLS® #: 23-239903
- 107 Delfern Dr
- Los Angeles CA
- $85,000,000
- 10 Bed | 19 Bath | 21,000 SqFt
- 1.88 Acres
- MLS® #: 23-245068
- 25142 Pacific Coast Hwy
- Malibu CA
- $75,000,000
- 7 Bed | 9 Bath | 13,126 SqFt
- 1.73 Acres
- MLS® #: 23-262479
- 27930 Pacific Coast Hwy
- Malibu CA
- $75,000,000
- 12 Bed | 14 Bath | 12,610 SqFt
- 2.57 Acres
- MLS® #: 23-306545
- 912 Benedict Canyon Dr
- Beverly Hills CA
- $72,500,000
- 7 Bed | 15 Bath | 17,005 SqFt
- 1.15 Acres
- MLS® #: 23-274085
- 23 Beverly Park Ter
- Beverly Hills Post Office CA
- $70,000,000
- 9 Bed | 14 Bath | 23,500 SqFt
- 3.26 Acres
- MLS® #: 23-243691
- 24186 CASE CT
- MALIBU CA
- $69,995,000
- 5 Bed | 8 Bath | 10,527 SqFt
- 2.66 Acres
- MLS® #: 23-278179
- 24185 Case Ct
- Malibu CA
- $69,500,000
- 5 Bed | 7 Bath | 11,097 SqFt
- 3.88 Acres
- MLS® #: 23-310237
- 9650 Cedarbrook Dr
- Beverly Hills CA
- $68,000,000
- 19 Bed | 33 Bath | 78,000 SqFt
- 27.59 Acres
- MLS® #: 23-297577
- 10979 CHALON RD
- LOS ANGELES CA
- $65,000,000
- 12 Bed | 24 Bath | 32,000 SqFt
- 1.03 Acres
- MLS® #: 23-282455
- 10250 W Sunset Blvd
- Los Angeles CA
- $65,000,000
- 14 Bed | 25 Bath | 30,000 SqFt
- 2.81 Acres
