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Health & Fitness

If you Needed Proof it's a Sellers' Market Check This Out

If there was any confusion about the state of the real estate market right now, this should clear it up.

Since April 1st there have been 18 single family homes sold in Westwood with a sold to list price ratio of 96.35% with average days on the market 45. 

If you include zip code 90025, that increases to 44 sold with the sold to list ration being 101.64%.  One example is a home on Bentley listed at $829,000 under contract in 13 days and sold for $914,000.

There are currently 13 homes under contract and 13 active listings in the whole of Westwood.

Buyers can still afford to buy but when interest rates rise and the buyer pool has disappeared, then the market will not longer favor Sellers.

Westwood home sellers, you are wanted.

Check out homes sold in Westwood over the past year

Check out homes for sale in Westwood

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