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Westwood Homes for Sale 3rd Qtr 2014 Market Report

Posted by janepeters on November 4, 2014
| 0

How is the Westwood real estate market doing? Let’s compare the 3rd Qtr performance against the 2nd Qtr.

Westwood, Los Angeles real estate market

Westwood single family home sales

 

Sold +/- Median % +/- Active Median Pending
32 +15 $2,252,500 +16.41 14 $2,987,000 7

Westwood condo sales

Sold +/- Median % +/- Active Median Pending
85 +14 $770,000 +10.79 89 $1,099,000 38

 

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

Sales of single family homes were up over the 2nd Qtr as was the median price.

The Westwood condo market which includes the Wilshire Corridor shows increased sales for the 3rd Qtr. and the median price was also up.

Inventory remains low. Westwood Los Angeles real estate is still very much a sellers’ market.

Previous Westwood Real Estate Market Reports

Homes for sale in Westwood

[idx-listings linkid=”167944″ count=”15″ showlargerphotos=”true”]
 

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