Westwood Market Trends


Median Sales Price in Westwood

 

1 yr 5 yr Max
Westwood median sales prices
Number of sold homes in Westwood
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Westwood $877,500 +16.8% $865,000 $751,000 $755,000
Los Angeles $630,000 +8.8% $570,000 $579,000 $365,000
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Summary for Westwood


The median sales price for homes in Westwood for Feb 15 to May 15 was $877,500. This represents an increase of 1.4%, or $12,500, compared to the prior quarter and an increase of 16.8% compared to the prior year. Sales prices have appreciated 16.2% over the last 5 years in Westwood, Los Angeles. The median sales price of $877,500 for Westwood is 39.29% higher than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Westwood was $2,408,773 for the week ending May 27, which represents an increase of 6.6%, or $149,355 compared to the prior week and an increase of 5.9%, or $133,455, compared to the week ending May 06. Average price per square foot for homes in Westwood was $641 in the most recent quarter, which is 20.26% higher than the average price per square foot for homes in Los Angeles.

Average Listing Price in Westwood

 

Westwood average property price
Westwood – number of properties
Neighborhood Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Week ending
May 6
Westwood $2,408,773 +6.6% $2,259,418 $2,294,532 $2,275,318
Los Angeles $1,735,997 -0.8% $1,749,659 $1,721,722 $1,698,057
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Average Price Per Sqft. for Homes in Westwood

 

1 yr 5 yr Max
Westwood average price per square foot
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Westwood $641 +8.3% $629 $592 $529
Los Angeles $533 +12.7% $499 $473 $323
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Popular Neighborhoods in Los Angeles


Neighborhoods Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Hollywood Hills 1 1 1
Brentwood 2 +1 3 2
Bel Air 3 -1 2 3
Westwood 4 4 4
Mid City 5 +1 6 6
Greater Wilshire / Hancock Park 6 -1 5 5
Stats & Trends
Homes for Sale in Westwood
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