This Week’s Market Overview
Westlake Village 91361 is a seller’s market this week. The median listing price is $1,700,000, with 44 active listings and a median 52 days on market. Homes sold an average of 2.55% below asking price, with a 97% sale-to-list-price ratio.
Market Action Index
The current public ZIP-level source does not report a Market Action Index. Its current supply-and-demand designation is a Seller’s Market, reflecting limited available inventory relative to buyer demand.
Market Narrative
The median listing price increased 6.07% month over month but remains 6.22% below last year’s level. Median sold price is $1,431,500, down 6.13% from the prior month and up 6.83% year over year.
Inventory is tight: active listings declined 1.55% from last month and 20.13% from a year ago. Homes are taking slightly longer to sell than last month, but are moving 20.90% faster than they were a year ago. With only 44 active listings, condition, presentation, and price positioning remain especially important.
Real-Time Market Profile
- Median List Price: $1,700,000
- Median Price of New Listings: Not reported
- Price per Sq Ft: $705
- Average Days on Market: Not reported
- Median Days on Market: 52 days
- % Price Decreased: Not reported
- % Price Increased: Not reported
- Relisted Properties: Not reported
- Inventory: 44 active listings
- Median Rent: $6,800 per month
- Market Action Index: Not reported
- Market Position: Seller’s Market
Market Segments
Current public data reports 91361 at the ZIP level, rather than by verified high-to-low price segment. Individual homes should be measured against their closest competing listings and recent sales, particularly by property type, location, lot utility, updates, and views.
Lifestyle Demand
Westlake Village 91361 continues to appeal to buyers seeking an established Conejo Valley setting, outdoor access, nearby shopping and dining, and a range of estate, golf-adjacent, and lake-area lifestyle options. These location and property-specific factors can create meaningful value differences within the ZIP.
Conclusion
91361 remains a supply-constrained seller’s market, even as buyers remain attentive to value. Sellers should price with precision; buyers should be prepared to act decisively when the right home becomes available.
Contact Information
Andrew Spitz
(818) 370-6121
[email protected]
Fran Chavez
(818) 517-1411
[email protected]
