Market Report

Los Angeles, CA 90024 - Westwood

Single-Family Homes

Chartwell Escrow | 310.740.1708



Los Angeles, CA 90024 - Westwood

Tue Oct 20 2020
This week the median list price for Los Angeles, CA 90024 - Westwood is $3,995,000 with the market action index hovering around 44. This is an increase over last month's market action index of 39. Inventory has held steady at or around 21. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Los Angeles, CA 90024 - Westwood

Tue Oct 20 2020
This week the median list price for Los Angeles, CA 90024 - Westwood is $3,995,000 with the market action index hovering around 44. This is an increase over last month's market action index of 39. Inventory has held steady at or around 21. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $3,995,000
Per Square Foot $1,104
Days on Market 64
Price Decreased 24%
Price Increased 5%
Relisted 10%
Inventory 21
Median Rent $8,250
Most Expensive $69,950,000
Least Expensive $1,599,980
Market Action 44
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$9,000,000 8,149 0.5 - 1 acre 5 8 29 0 0 67
$4,495,000 4,225 0.25 - 0.5 acre 5 5 80 1 1 56
$3,300,000 3,395 8,000 - 10,000 sqft 4 4 89 0 1 74
$2,247,500 2,085 6,500 - 8,000 sqft 3 2 84 3 1 59