$135,000
0.17 Acres
Land
Evan Tran, Listing Office: iStar Realty LLC
Is West Hills, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Hills has remained a Buyer's Market.
Key Takeaway
West Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Hills, OR
How much do homes in West Hills, OR cost?
Median Sold Price
$844,333
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+0.3%)
Key Takeaway
The sold price of homes in West Hills has remained the same since last year.
Summary: The median home sold price in West Hills was $844,333 in October 2024, up 0.3% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $284.7K | -6.6% |
| 2 Bedrooms | $475K | $480K | +1.1% |
| 3 Bedrooms | $860.7K | $858.7K | -0.2% |
| 4 Bedrooms | $1.1M | $1.1M | -3.8% |
| 5+ Bedrooms | $1.3M | $1.3M | +6.2% |
Summary: West Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in West Hills, OR
How many homes are available in West Hills, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 217 | 228 | +5.1% |
Summary: The West Hills real estate market had 228 homes for sale in October 2024, a 5.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 26 | +18.2% |
| 2 Bedrooms | 47 | 48 | +2.1% |
| 3 Bedrooms | 63 | 63 | 0.0% |
| 4 Bedrooms | 48 | 57 | +18.8% |
| 5+ Bedrooms | 37 | 34 | -8.1% |
Summary: The West Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 2.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 8.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Hills, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in West Hills in October 2024, up by 31.3% month-over-month. Of the 21 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% were sold over asking.
Days on Market for West Hills, OR
How long does it take to sell a home in West Hills, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 50 Days | +8.5% |
Summary: Homes in West Hills had an average of 50 days on market in Oct 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in West Hills; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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