Westwood Homes & Real Estate
Welcome to your local Westwood homes for sale and real estate resource. With a blend of residential and commercial spaces, Westwood is a modern community and home to about 52,000 people. It is smaller, spanning just about four-square miles. Yet, the city is young and growing. For those who wish to buy a home near Los Angeles, CA, Westwood can be a good fit for a variety of reasons. Individuals will find this location offers high-valued and luxury homes, with limited available inventory. For more information about Westwood, California homes for sale or to schedule a private showing, contact your Los Angeles area real estate experts today! Read more about Westwood real estate.
Homes For Sale in Westwood, CA
Westwood Real Estate Market
There's much to love about Westwood, which is why inventory in homes for sale here can be somewhat limited. Residents of Westwood live in a college town, which means sales can vary significantly from year to year. However, there are growing home values here. The median sale price of a home is $1,075,000. This is about $774 per square foot on average. Over the last 12 months, home prices have risen by eight percent. This is a bit higher than many areas of Los Angeles.
As a college town, it can be very expensive to rent in. The median rent per month stands at $6,750, which is significantly higher than most areas in this region. Limited options for rentals tend to be why this value is high here. In terms of sales, inventory can be spotty depending on the time of the year and area demand. However, from June of 2018 through September of 2018, about 75 homes were sold. The area has about the same number for sale at this time.
Much of the region is landlocked with few areas for new development. This is common in this region of California. Yet, there is some development available here. KB Home, Meridian Developments, and Westwood Remodeling and Hillside Builders are a few area home builders worth taking a closer look at for those who wish to build a home here.
Westwood Real Estate Agents
Thinking of buying or selling a home in Westwood? Let our Los Angeles area real estate specialists guide you through the purchase of your next property or expertly negotiate the sale of your current Westwood home. As local real estate agents, we're experts on the market dynamics unique to the Westwood real estate market. We'll get to work for you today!