$2,950,000
3,100 SqFt
5 Beds
•5 Full Baths, 1 Partial
Shah Noorvash, Listing Office: Coldwell Banker Realty
Is Westside Village, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Westside Village has remained a Seller's Market.
Key Takeaway
Westside Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westside Village, CA
How much do homes in Westside Village, CA cost?
Median Sold Price
$1,660,000
$868/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$240,000(+16.9%)
Key Takeaway
Homes in Westside Village have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Westside Village was $1,660,000 in December 2024, up 16.9% from last year, and the median price per square foot was $868.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $515K | +14.4% |
| 2 Bedrooms | $750K | $674.5K | -10.1% |
| 3 Bedrooms | $1.4M | $1.6M | +13.8% |
| 4 Bedrooms | $2.2M | $1.9M | -10.3% |
| 5+ Bedrooms | $3.2M | $3.2M | 0.5% |
Summary: Westside Village housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Westside Village | $1.4M | $1.6M | +16.9% |
| Palms | $1.3M | $1.4M | +11.2% |
| The Westside | $1.7M | $1.7M | +0.9% |
| Cheviot Hills | $2.8M | $2.6M | -9.2% |
| Rancho Park | $1.7M | $1.6M | -10.5% |
Housing Supply in Westside Village, CA
How many homes are available in Westside Village, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Summary: The Westside Village real estate market had 16 homes for sale in December 2024, a 30.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Westside Village housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westside Village, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Westside Village in December 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 11 Days | 60 Days | +424.6% |
Summary: Homes in Westside Village had an average of 60 days on market in Dec 2024, up by 424.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Westside Village has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Westside Village; 0% of homes were sold within 30 days, 100% 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.