David Luke's Blog

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October Market Report

Written by David Luke, Agent in West Los Angeles

November 8, 2009 11:58 PM Home Selling in Westwood

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Here's what transpired last month in Westwood, CA:

Single Family Homes

New Listings - 11
Price Reductions - 5
Pending Sales - 18
Homes Sold - 15

There was a 10-month inventory of homes.

Condominiums

New Listings - 60
Price Reductions - 25
Pending Sales - 34
Condos Sold - 29

Many owners decided to put their condos up for sale while others are adjusting price to get their units sold before year's end. This makes sense because there was just over a 7-month supply.

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