Westwood Real Estate Market 3rd Qtr 2013 in Review

How is the Westwood real estate market doing?  Let’s see how sales for the 3rd Qtr of 2013 compare to the previous Qtr.  How is the inventory?

The Westwood condo market does not include the Wilshire Corridor which is covered separately.  The majority of Westwood condos for sale are in that market.

Westwood single family home sales

Sold +/- Median +/- Active Median Pending
16  -8 $1,858,000 -8.1% 18 $2,435,000 13

Westwood condo sales 

Sold +/- Median +/- Active Median Pending
43 +16 $640,000 +15.94% 23 $585,000 14


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

For single family homes Westwood real estate sales are down, as is the median price. Condo sales are up in both categories.  Fresh inventory still remains a problem.

Previous Westwood Market Reports

Westwood Real Estate 1st Qtr 2013 in Review
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


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