$10,000 Closing Credit*
$1,199,000
1,560 SqFt
3 Beds
•2 Full Baths, 1 Partial
Victor Nissani, Listing Office: Compass
Is Westside Village, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Westside Village was a Seller's Market.
Key Takeaway
Westside Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Westside Village, CA
How much do homes in Westside Village, CA cost?
Median Sold Price
$1,662,500
$916/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$187,500(+12.7%)
Key Takeaway
Homes in Westside Village have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Westside Village was $1,662,500 in September 2024, up 12.7% from last year, and the median price per square foot was $916.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $512.5K | $510K | -0.5% |
| 2 Bedrooms | $800K | $690.5K | -13.7% |
| 3 Bedrooms | $1.4M | $1.4M | -2.0% |
| 4 Bedrooms | $2.2M | $2.2M | 0.0% |
| 5+ Bedrooms | $3.0M | $3.4M | +12.3% |
Summary: Westside Village housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes decreased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Palms | $1.2M | $1.4M | +13.9% |
| Westside Village | $1.4M | $1.6M | +12.7% |
| The Westside | $1.7M | $1.7M | +1.2% |
| Cheviot Hills | $2.8M | $2.6M | -5.9% |
| Rancho Park | $1.7M | $1.6M | -6.5% |
Housing Supply in Westside Village, CA
How many homes are available in Westside Village, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 22 | 29 | +31.8% |
Summary: The Westside Village real estate market had 29 homes for sale in September 2024, a 31.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Westside Village housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westside Village, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Westside Village in September 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Westside Village, CA
How long does it take to sell a home in Westside Village, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 8 Days | 17 Days | +103.8% |
Summary: Homes in Westside Village had an average of 17 days on market in Sep 2024, up by 103.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westside Village are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Westside Village; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.