Westwood Homes for Sale, 2nd Qtr 2015 Market Report

The Westwood area of Los Angeles has been seeing a severe sellers’ market, especially in the single family home market.

Let’s check in and see how second quarter  2015 sales fared.

SINGLE FAMILY HOMES
Sold: 17 = one more than previous Quarter
Median Price:  $1,983,000 = an 8.33% decrease over previous Quarter
Active: 20:
Median Price: $3,095,000

CONDOS

Sold: 98 = 39 more than previous Quarter
Median Price:  $762,000 = a 1.22% increase over previous Quarter
Active:  92
Median Price:  $1,115,000

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

65 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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