This Week's Market Overview
Westlake Village 91361 remains a lifestyle-driven luxury market. The median list price is $2,572,500, with 66 active properties and a Market Action Index of 33, reflecting a slight seller's advantage. Inventory has held steady, but buyers have more choice and are taking more time to evaluate competing homes.
Market Action Index
Current MAI: 33
Market Position: Slight Seller's Advantage
The MAI remains in seller territory, but recent pricing and demand patterns point to a more selective environment. Accurate pricing and a polished lifestyle presentation are increasingly important.
Market Narrative
Westlake Village 91361 continues to attract buyers seeking the lake, golf-course adjacency, privacy, views, and access to Conejo Valley schools and amenities. Turnkey homes with a compelling outdoor setting are drawing the strongest attention, while properties that need work or stretch above current competition are requiring more time and negotiation.
Real-Time Market Profile
Median List Price: $2,572,500
Median Price of New Listings: $1,400,000
Price per Sq Ft: $803
Average Days on Market: 128 days
Median Days on Market: 70 days
Price Decreased: 36%
Price Increased: 2%
Relisted Properties: 20%
Inventory: 66 properties
Median Rent: Not reported in this week's source
Market Action Index: 33
Market Position: Slight Seller's Advantage
Market Segments
Premier Estates | Median Price: $7,999,000
Active Segment Profile: 6,640 sqft | 0.5–1 acre | 0 new | 0 absorbed | 140 DOM
The top of the market is moving slowly; buyers are reserving urgency for truly differentiated estates with a compelling setting, privacy, or views.
Upper Luxury | Median Price: $3,499,475
Active Segment Profile: 3,751 sqft | 0.25–0.5 acre | 2 new | 1 absorbed | 98 DOM
Buyers are comparing amenities and condition closely, favoring homes that deliver a complete, turnkey lifestyle story.
Core Luxury | Median Price: $1,950,000
Active Segment Profile: 2,757 sqft | 6,500–8,000 sqft lots | 1 new | 2 absorbed | 42 DOM
This is the most active luxury segment, where condition and pricing are producing a much quicker response.
Under $1.5M | Median Price: $1,094,499
Active Segment Profile: 2,282 sqft | 6,500–8,000 sqft lots | 4 new | 3 absorbed | 31 DOM
Demand remains present, but fresh inventory is keeping buyers comparative and price-sensitive.
Lifestyle Demand
Lake proximity, golf-course adjacency, privacy, views, and turnkey outdoor entertaining remain the clearest premium drivers in Westlake Village 91361. Homes delivering two or more of these advantages are separating themselves from otherwise comparable inventory.
Conclusion
Westlake Village 91361 remains a resilient luxury market, but performance is increasingly segmented. Strong results are going to homes that combine a compelling lifestyle story with strategic pricing and polished presentation.
Contact Information
Andrew Spitz
(818) 370-6121 | [email protected]
Fran Chavez
(818) 517-1411 | [email protected]
