How did the Westwood, Los Angeles real estate market do in 2014?
Let’s check in:
SINGLE FAMILY HOMES
Sold: 16 = Same as previous Quarter
Median Price: $2,163,250 = 4.93% increase over previous Quarter
Median Price: $2,900,000
Sold: 59 = 7 less than previous Quarter
Median Price: $762,000 = 14.16% increase over previous Quarter
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.
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