Westwood Homes for Sale 2013 in Review

Like most areas of Los Angeles, the Westwood neighborhood is suffering from low inventory, especially in the single family market. Home to UCLA, it is a desirable place to live so it will be interesting to see how Westwood real estate fared in 2013.

Westwood real estate market report for May 2013

Westwood single family home sales

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
74 -28 $994,000 to $15,950,000 $1,753,250 +10.97% 11 $12,495,000 8

 
Westwood condo sales

These statistics include Wilshire Corridor condos which are also covered in a separate report.

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
290 +4 $235,000 to $11,000,000 $650,000 +20.48% 98 $994,000 29

 

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

Westwood single family homes sales are way down over 2012, certainly due to the extreme shortage of inventory.  Naturally, the median price is is up.

The Westwood condo market shows a slight gain in sales with a healthy increase in the median price. Inventory is also low and definitely favors sellers.

Prospective Westwood home sellers should definitely take note.

Other Westwood Market Reports

See all Westwood Homes for Sale.
(all data current as of 4/26/2015)

  1. 6 beds, 9 full, 1 part baths
    Home size: 5,420 sq ft
    Lot size: 1.12 ac
    Year built: 1946
    Days on market: 2
  2. 3 beds, 2 full baths
    Home size: 1,752 sq ft
    Lot size: 6,019 sqft
    Year built: 1926
    Days on market: 6
  3. 3 beds, 2 full baths
    Lot size: 6,979 sqft
    Year built: 1940
    Days on market: 11
  4. 3 beds, 2 full, 1 part baths
    Home size: 2,852 sq ft
    Lot size: 7,383 sqft
    Year built: 1938
    Parking spots: 4
    Days on market: 13
  5. 3 beds, 2 full, 2 part baths
    Home size: 4,150 sq ft
    Lot size: 7,703 sqft
    Year built: 1935
    Days on market: 16
  6. 3 beds, 1 full, 2 part baths
    Home size: 2,848 sq ft
    Lot size: 9,746 sqft
    Year built: 1949
    Parking spots: 2
    Days on market: 17
  7. 3 beds, 2 full, 2 part baths
    Home size: 2,464 sq ft
    Lot size: 7,830 sqft
    Year built: 1939
    Parking spots: 4
    Days on market: 19
  8. 5 beds, 5 full baths
    Home size: 4,999 sq ft
    Lot size: 12,937 sqft
    Year built: 1940
    Days on market: 20
  9. 6 beds, 4 full, 1 part baths
    Home size: 5,070 sq ft
    Lot size: 10,374 sqft
    Year built: 1936
    Days on market: 27
  10. 4 beds, 3 full baths
    Home size: 2,810 sq ft
    Lot size: 8,629 sqft
    Year built: 1929
    Days on market: 34
  11. 6 beds, 6 full, 1 part baths
    Home size: 6,000 sq ft
    Lot size: 10,083 sqft
    Year built: 2015
    Days on market: 34
  12. 2 beds, 2 full baths
    Home size: 1,411 sq ft
    Lot size: 5,467 sqft
    Year built: 1925
    Days on market: 38
  13. 5 beds, 5 full, 1 part baths
    Home size: 4,633 sq ft
    Lot size: 7,411 sqft
    Year built: 2015
    Days on market: 48
  14. 4 beds, 2 full, 3 part baths
    Home size: 4,035 sq ft
    Lot size: 10,856 sqft
    Year built: 1927
    Days on market: 61
  15. 6 beds, 5 full, 1 part baths
    Home size: 5,655 sq ft
    Lot size: 8,121 sqft
    Year built: 1951
    Parking spots: 4
    Days on market: 72

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Homes for sale in Westwood

 

 

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