This Week’s Market Overview
Westlake Village 91362 is a balanced market this week. The median listing price is $1,499,000, with 155 active listings and a median 51 days on market. Homes sold an average of 2.05% below asking price, with a 98% 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 Balanced Market, meaning neither buyers nor sellers hold a decisive overall advantage.
Market Narrative
The median listing price declined 1.45% month over month but is 7.08% higher than it was a year ago. Median sold price is $1,250,000, up 35.94% from the prior month and down 8.16% year over year.
Active inventory declined just 0.56% from last month and is 1.73% above last year’s level. Homes are taking longer to sell, with median days on market up 12% month over month and 7.69% year over year. The market supports well-positioned listings, but buyers have time to evaluate their choices.
Real-Time Market Profile
- Median List Price: $1,499,000
- Median Price of New Listings: Not reported
- Price per Sq Ft: $598
- Average Days on Market: Not reported
- Median Days on Market: 51 days
- % Price Decreased: Not reported
- % Price Increased: Not reported
- Relisted Properties: Not reported
- Inventory: 155 active listings
- Median Rent: $4,350 per month
- Market Action Index: Not reported
- Market Position: Balanced Market
Market Segments
Current public data reports 91362 at the ZIP level, rather than by verified high-to-low price segment. Property type, neighborhood, lot size, condition, and amenities remain essential in determining a home’s direct competition and market position.
Lifestyle Demand
91362 offers a broad Conejo Valley mix, including Westlake Village and Thousand Oaks-area neighborhoods with access to outdoor recreation, local shopping and dining, and major employment and travel routes. Demand can vary significantly between turnkey homes, larger estates, and properties needing updates.
Conclusion
91362 is balanced: pricing is stronger than last year, inventory is stable, and the selling timeline has lengthened. Both buyers and sellers benefit from a property-specific strategy grounded in current competing listings.
Contact Information
Andrew Spitz
(818) 370-6121
[email protected]
Fran Chavez
(818) 517-1411
[email protected]
