Westwood Homes for Sale 2013 in Review

Originally posted on January 26, 2014


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

  1. 3 beds, 3 full, 1 part baths
    Home size: 2,155 sq ft
    Lot size: 6,866 sqft
    Year built: 1939
    Parking spots: 4
    Days on market: 1
  2. 4 beds, 5 full baths
    Home size: 4,226 sq ft
    Lot size: 6,985 sqft
    Year built: 1980
    Parking spots: 6
    Days on market: 1
  3. 4 beds, 3 full baths
    Home size: 2,389 sq ft
    Lot size: 5,792 sqft
    Year built: 1939
    Days on market: 5
  4. 4 beds, 4 full, 1 part baths
    Home size: 3,612 sq ft
    Lot size: 9,009 sqft
    Year built: 1928
    Days on market: 10
  5. 4 beds, 5 full baths
    Home size: 3,541 sq ft
    Lot size: 9,627 sqft
    Year built: 1935
    Parking spots: 4
    Days on market: 18
  6. 4 beds, 2 full, 1 part baths
    Home size: 3,060 sq ft
    Lot size: 8,504 sqft
    Year built: 1941
    Parking spots: 4
    Days on market: 19
  7. 4 beds, 3 full, 1 part baths
    Home size: 3,650 sq ft
    Lot size: 8,515 sqft
    Year built: 1933
    Days on market: 26
  8. 5 beds, 4 full, 1 part baths
    Home size: 3,950 sq ft
    Lot size: 8,434 sqft
    Year built: 1949
    Days on market: 28
  9. 3 beds, 2 full baths
    Home size: 1,570 sq ft
    Lot size: 6,603 sqft
    Year built: 1927
    Days on market: 29
  10. 6 beds, 6 full baths
    Home size: 6,579 sq ft
    Lot size: 7,655 sqft
    Year built: 2004
    Days on market: 36
  11. 3 beds, 2 full, 2 part baths
    Home size: 3,818 sq ft
    Lot size: 14,394 sqft
    Year built: 1936
    Parking spots: 8
    Days on market: 37
  12. 4 beds, 3 full, 1 part baths
    Lot size: 13,456 sqft
    Year built: 1928
    Days on market: 42
  13. 3 beds, 2 full baths
    Home size: 1,606 sq ft
    Lot size: 5,712 sqft
    Year built: 1939
    Days on market: 42
  14. 4 beds, 3 full, 1 part baths
    Home size: 3,498 sq ft
    Lot size: 7,093 sqft
    Year built: 1940
    Days on market: 43
  15. 4 beds, 4 full baths
    Home size: 3,552 sq ft
    Lot size: 12,770 sqft
    Year built: 1926
    Days on market: 46

See all Westwood Homes for Sale.
(all data current as of 8/4/2015)

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

Homes for sale in Westwood

 

 

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