.

Westwood Real Estate - October Review

Checking in on the Westwood real estate activity for the month of October.

The number of single family homes sold in October was up by eight over the previous month, and the sold median price shot up by 37.8 percent from $1,297,500 to $1,775,000.

The median price of homes listed for sale in October is $1,78,500, but the median price of all active listings is $1,975,000.

Westwood condo sales are down by one over September, but the median prices is up $2.71 percent from $542,500 to $557,200.

Condos listed for sale in October have a median price of $749,000, but the overall median price is $787,500.

The Westwood condo market is a seller’s market, the bulk of the inventory sitting on the market is the higher priced Wilshire Corridor.

Read more: http://www.homejane.com/westwood-real-estate-market-report-october-2012.html#ixzz2BJe0WHHB

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something