Westlake Village, Ca Real Estate Market Trends for the week of 3/9/15
By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
THIS WEEK: March 9th, 2015 the median list price for a single family home in WESTLAKE VILLAGE, CA is $1,875,000.00 Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market. SUPPLY AND DEMAND: The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb. Click here to download FULL report I hope you find it useful. These market reports are updated weekly so you can be "ahead of the curve" as to the direction the housing market is...
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