The Westwood  CA real estate housing market reports below show the market absorption trend for single family homes in the 90024 and 90025 areas. What is an absorption rate?  This shows the rate at which inventory is being sold and is calculated by the number of homes on the market divided by the number sold in a month.  This helps in determining the pricing of homes being put on the market and what kind of market it is.  If you have a 10 month selling cycle and want to sell … [Read more...]