Westwood real estate is still suffering from low inventory, especially in the single family market. Let’s see how sales for the First Quarter of 2013 compare to the last Quarter of 2012. Early 2013 was supposed to be on fire…..
Westwood single family home sales
| Sold | +/- | Median | +/- | Active | Median | Pending |
| 10 | -27 | $1,692,500 | +2.89% | 7 | $2,875,000 | 16 |
Westwood condo sales
| Sold | +/- | Median | +/- | Active | Median | Pending |
| 55 | -18 | $550,000 | -9.74% | 75 | $1,100,000 | 42 |
| 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 way down in both categories. The median price is up slightly for single family sales and down for condo sales.
There are only 7 single family homes available for sale at this time which puts Westwood into an extreme sellers’ market. The condo market is a little more balanced but still in the sellers’ corner.
The Westwood condo market includes the Wilshire Corridor which is a unique market in itself. The majority of Westwood condos for sale are in that market,
Previous Westwood Market Reports
Westwood Real Estate the Year in Review
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
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated Dec-12-2025 1:04:08 pm.
| Need Help? Have questions? Fill out the CONTACT FORM or call Jane at 310-351-9208 |