Westwood Homes for Sale 1st Qtr 2015 Market Report

How did the Westwood, Los Angeles real estate market do in 2014?

The is report covers the whole of Westwood real estate activity, although the Wilshire Corridor, which is located in the Westwood area, is covered by its own market report category.

Let’s check in:

SINGLE FAMILY HOMES
Sold: 16 = Same as previous Quarter
Median Price:  $2,163,250 = 4.93% increase over previous Quarter
Active: 10:
Median Price: $2,900,000

CONDOS

Sold: 59 = 7 less than previous Quarter
Median Price:  $762,000 = 14.16% increase over previous Quarter
Active:  97
Median Price:  $1,095,000

The Westwood area of Los Angeles continues to suffer from low inventory, especially in the single family category.

162 of the condo sales were on the Wilshire Corridor, and the majority of condos for sale are also on the Corridor.

Homes for Sale in Westwood

 

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