$10,000 Closing Credit*
$1,599,000
1,920 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kristofer Zacuto, Listing Office: Compass
Is The Westside, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, The Westside was a Seller's Market.
Key Takeaway
The Westside is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in The Westside, CA
How much do homes in The Westside, CA cost?
Median Sold Price
$1,751,831
$931/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,038(-0.2%)
Key Takeaway
The sold price of homes in The Westside has remained the same since last year.
Summary: The median home sold price in The Westside was $1,751,831 in October 2024, down 0.2% from last year, and the median price per square foot was $931.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $650K | $642.7K | -1.1% |
| 2 Bedrooms | $1.1M | $1.1M | +0.8% |
| 3 Bedrooms | $1.8M | $1.7M | -1.5% |
| 4 Bedrooms | $2.8M | $2.7M | -1.9% |
| 5+ Bedrooms | $4.4M | $4.3M | -3.3% |
Summary: The Westside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Neighborhoods
| The Westside | $1.7M | $1.7M | -0.2% |
| Westwood | $1.2M | $1.2M | -1.2% |
Housing Supply in The Westside, CA
How many homes are available in The Westside, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2,238 | 2,466 | +10.2% |
Summary: The The Westside real estate market had 2,466 homes for sale in October 2024, a 10.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 143 | 157 | +9.8% |
| 2 Bedrooms | 616 | 662 | +7.5% |
| 3 Bedrooms | 557 | 602 | +8.1% |
| 4 Bedrooms | 382 | 438 | +14.7% |
| 5+ Bedrooms | 540 | 607 | +12.4% |
Summary: The The Westside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 12.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 326 | 396 | +21.5% |
Asking Price vs. Sold Price
249 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
117 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Westside, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.
Summary: A total of 396 homes were sold or pending in The Westside in October 2024, up by 21.5% month-over-month. Of the 396 sold homes, 63% were sold under asking, 8% were sold at asking, and 30% were sold over asking.
Days on Market for The Westside, CA
How long does it take to sell a home in The Westside, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 45 Days | +23.1% |
Summary: Homes in The Westside had an average of 45 days on market in Oct 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
214 Homes Were Sold
Under 30 Days
117 Homes Were Sold
In 30 - 90 Days
65 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Westside are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 396 homes were sold in The Westside; 54% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.