Today Last Month Real-Time Market Profile Median List Price $2,100,000 Per Square Foot $596 Days on Market 182 Price Decreased 37% Price Increased 1% Relisted 17% Inventory 109 Median House Rent $6,850 Most Expensive $29,900,000 Least Expensive $415,000 Market Action Index Slight Seller's Advantage 32 Single-Family Homes This week the median list price for Westlake Village, CA 91361 is $2,100,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 109. Market Action Index The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer. 100 0 32 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. Median List Price Avg 7-Day Avg 90-Day Jan 2017 Apr 2017 Jul 2017 Oct 2017 Jan 2018 Apr 2018 Jul 2018 Oct 2018 Jan 2019 Apr 2019 $1.5M $1.8M $2.0M $2.3M $2.5M $2.8M 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 $5,500,000 6,573 1 - 2.5 acres 5 6 17 1 2 353 $2,899,000 4,240 0.25 - 0.5 acre 4 4 29 3 1 179 $1,899,000 3,620 0.25 - 0.5 acre 4 4 37 2 3 119 $1,091,500 2,278 8,000 - 10,000 sqft 4 3 43 3 5 81 (as of Monday, July 1st, 2019) Each Office is Independently Owned and Operated MARKET UPDATE: WESTLAKE VILLAGE 91361, CA Single Family Homes
Transcript
Today
Last Month
Real-Time Market Profile
Median List Price $2,100,000
Per Square Foot $596
Days on Market 182
Price Decreased 37%
Price Increased 1%
Relisted 17%
Inventory 109
Median House Rent $6,850
Most Expensive $29,900,000
Least Expensive $415,000
Market Action Index
Slight Seller's
Advantage
32
Your Local Market Report
Westlake Village, CA 91361Single-Family Homes
This week the median list price for Westlake Village, CA 91361 is
$2,100,000 with the market action index hovering around 32. This is an
increase over last month's market action index of 31. Inventory has
held steady at or around 109.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring
the current rate of sale versus the amount of the inventory. Index above 30 implies
Seller's Market conditions. Below 30, conditions favor the buyer.
1000
32
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.
Median List Price
Avg 7-Day Avg 90-Day
Jan 2017 Apr 2017 Jul 2017 Oct 2017 Jan 2018 Apr 2018 Jul 2018 Oct 2018 Jan 2019 Apr 2019
$1.5M
$1.8M
$2.0M
$2.3M
$2.5M
$2.8M
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
