Health & Fitness
Westwood Home Values | Median Price
Has the median home price increased in Westwood over the past year?
Westwood real estate, like any other market has very low inventory. Part of this problem could be that Westwood home sellers are waiting for prices to rise.
So let’s compare the median price of August 2012 home sales over August 2011 homes sales.
Single family homes:
Find out what's happening in Westwood-Century Citywith free, real-time updates from Patch.
August 2011 August 2012 % diff $1,545,000 $1,691,000 9.45
Condos
August 2011 August 2012 % diff $565,000 $726,000 28.50Westwood real estate is definitely headed in the right direction. But if sellers wait too long then the buyers who are out there now may not be around. Who knows where interest rates will be. Any rise in those, together with increased prices is going to put home ownership out of the reach of many buyers who are qualified right now.
Find out what's happening in Westwood-Century Citywith free, real-time updates from Patch.
Homes for sale in Westwood
Read more: http://www.homejane.com/westwood-real-estate-what-is-my-house-worth-today.html#ixzz26lF1hyJN
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