Westlake Village, CA Housing Market & Real Estate

Balanced market+18.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Westlake Village, CA is $1.60M, up 18.9% year-over-year. Homes sell in an average of 35 days with 32 active listings. The market is currently a balanced market.

$1.60Mmedian sale price

Homes sold

8

Last 12 weeks

Days on market

35

Average pace

Active listings

32

4.0 months supply

Sale-to-list

99.0%

Below asking

Westlake Village, CA market data

Current housing market statistics for Westlake Village, CA
MetricValue
Median sale price$1.60M
Median list price$2.29M
Year-over-year price change+18.9%
Average days on market35 days
Active inventory32 listings
Months of supply4.0 months
Sale-to-list price ratio99.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Westlake Village housing market is currently classified as a balanced market with a median sale price of $1.60M. Prices have risen 18.9% compared to last year, with homes spending an average of 35 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Westlake Village

There are currently 32 homes listed for sale in Westlake Village, California. The median listing price is $2.3M.

Active listings

32

Homes on market

Median list price

$2.3M

Avg. days on market

35

Days until sale

New this week

11

Newly listed

Price drops:21.9%of listings
Sale-to-list:99.0%

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Frequently asked questions

What is the average home price in Westlake Village?

The median home sale price in Westlake Village is $1.60M, up 18.9% from last year.

How long do homes stay on market in Westlake Village?

Homes typically spend 35 days on market before going under contract.

Is Westlake Village a buyer's or seller's market?

With 4.0 months of supply, Westlake Village is currently a balanced market.

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