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 3/4/2015)

  1. 3 beds, 2 full baths
    Home size: 1,979 sq ft
    Lot size: 5,769 sqft
    Year built: 1939
    Days on market: 1
  2. 4 beds, 5 full, 1 part baths
    Home size: 4,413 sq ft
    Lot size: 20,419 sqft
    Year built: 1941
    Parking spots: 4
    Days on market: 6
  3. 5 beds, 3 full, 1 part baths
    Home size: 3,936 sq ft
    Lot size: 9,066 sqft
    Year built: 1936
    Days on market: 7
  4. 4 beds, 2 full baths
    Home size: 2,817 sq ft
    Lot size: 7,194 sqft
    Year built: 1925
    Days on market: 8
  5. 4 beds, 2 full, 3 part baths
    Home size: 4,035 sq ft
    Lot size: 10,856 sqft
    Year built: 1927
    Parking spots: 2
    Days on market: 10
  6. 2 beds, 2 full baths
    Home size: 1,832 sq ft
    Lot size: 6,310 sqft
    Year built: 1937
    Days on market: 17
  7. 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: 21
  8. 4 beds, 3 full, 3 part baths
    Home size: 4,147 sq ft
    Lot size: 15,093 sqft
    Year built: 1938
    Parking spots: 2
    Days on market: 44
  9. 4 beds, 3 full, 1 part baths
    Home size: 4,000 sq ft
    Lot size: 9,797 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 56
  10. 3 beds, 1 full, 1 part baths
    Home size: 1,489 sq ft
    Lot size: 6,499 sqft
    Year built: 1936
    Parking spots: 2
    Days on market: 56
  11. 4 beds, 2 full, 1 part baths
    Home size: 2,395 sq ft
    Lot size: 6,503 sqft
    Year built: 1948
    Days on market: 58
  12. 5 beds, 5 full, 1 part baths
    Home size: 5,584 sq ft
    Lot size: 10,016 sqft
    Year built: 2014
    Parking spots: 2
    Days on market: 125
  13. 4 beds, 2 full, 2 part baths
    Home size: 2,822 sq ft
    Lot size: 7,246 sqft
    Year built: 1966
    Days on market: 135
  14. 3 beds, 2 full, 1 part baths
    Home size: 3,227 sq ft
    Lot size: 6,593 sqft
    Year built: 1934
    Parking spots: 10
    Days on market: 173

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

Homes for sale in Westwood

 

 

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the CONTACT FORM or call me at 310-473-6919

Leave a Reply

Your email address will not be published. Required fields are marked *