Local Market Report

Westlake Village, CA 91361

Single-Family Homes



Westlake Village, CA 91361

Sat Nov 27 2021
This week the median list price for Westlake Village, CA 91361 is $4,745,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 30. Click here to stay informed with the Westlake Village market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Westlake Village, CA 91361

Sat Nov 27 2021
This week the median list price for Westlake Village, CA 91361 is $4,745,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 30. Click here to stay informed with the Westlake Village market!

Market Action Index

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

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Westlake Village market.
Median List Price $4,745,000
Median Price of New Listings $3,825,000
Per Square Foot $1,056
Average Days on Market 80
Median Days on Market 46
Price Decreased 13%
Price Increased 3%
Relisted 3%
Inventory 30
Median Rent $7,250
Market Action 52
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$15,900,000 10,700 2.5 - 5 acres 6 7 12 0 1 203
$5,499,000 5,993 0.5 - 1 acre 5 6 18 0 0 49
$3,700,000 3,355 8,000 - 10,000 sqft 4 4 44 3 2 31
$1,673,000 1,817 6,500 - 8,000 sqft 3 2 46 2 4 14