Today

Last Month

Real-Time Market Profile

Median List Price $2,095,000

Per Square Foot $580

Days on Market 178

Price Decreased 36%

Price Increased 1%

Relisted 16%

Inventory 110

Median House Rent $6,850

Most Expensive $29,900,000

Least Expensive $385,000

Market Action Index

Slight Seller's

Advantage

31

Your Local Market Report

Westlake Village, CA 91361Single-Family Homes

This week the median list price for Westlake Village, CA 91361 is

$2,095,000 with the market action index hovering around 31. This is an

increase over last month's market action index of 29. Inventory has

held steady at or around 110.

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

31

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

Jun 2016 Nov 2016 Mar 2017 Jul 2017 Nov 2017 Mar 2018 Jul 2018 Nov 2018 Mar 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

$5,995,000 6,622 1 - 2.5 acres 5 6 16 3 0 359

$2,750,000 3,913 0.25 - 0.5 acre 4 4 32 3 1 178

$1,798,500 3,667 0.25 - 0.5 acre 4 4 39 2 3 118

$952,000 2,245 6,500 - 8,000 sqft 4 3 44 6 4 65

1 of 1

Fri Jun 21 2019

Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc.

(as of Monday, June 17th, 2019)

Each Office is Independently Owned and Operated

MARKET UPDATE: WESTLAKE VILLAGE 91361, CA Single Family Homes

Today

Last Month

Real-Time Market Profile

Median List Price $2,450,000

Per Square Foot $459

Days on Market 184

Price Decreased 45%

Price Increased 6%

Relisted 27%

Inventory 49

Median House Rent

Most Expensive $59,995,000

Least Expensive $710,000

Market Action Index

Slight Seller's

Advantage

35

Your Local Market Report

Westlake Village, CA 91362Single-Family Homes

This week the median list price for Westlake Village, CA 91362 is

$2,450,000 with the market action index hovering around 35. This is an

increase over last month's market action index of 31. Inventory has

held steady at or around 49.

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

35

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

Jun 2016 Nov 2016 Mar 2017 Jul 2017 Nov 2017 Mar 2018 Jul 2018 Nov 2018 Mar 2019

$1.0M

$1.5M

$2.0M

$2.5M

$3.0M

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

$5,224,000 9,890 2.5 - 5 acres 6 10 21 3 0 471

$2,960,000 6,588 1 - 2.5 acres 5 6 29 4 0 115

$2,125,000 5,111 0.25 - 0.5 acre 5 5 24 1 2 116

$1,349,000 2,902 8,000 - 10,000 sqft 4 3 31 3 2 45

1 of 1

Fri Jun 21 2019

Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc.

(as of Monday, June 17th, 2019)

Each Office is Independently Owned and Operated

MARKET UPDATE: WESTLAKE VILLAGE 91362, CA Single Family Homes