This Week's Market Overview
The median list price for Westlake Village, CA 91362 is $2,295,000, reflecting continued demand for luxury homes, golf course communities, and estate properties throughout Westlake Village and surrounding neighborhoods. Inventory sits at approximately 134 active homes, maintaining a slight seller's advantage in one of Southern California's most desirable suburban luxury markets.
Market Action Index
Current MAI: 35 (Slight Seller's Advantage) | Last Month's MAI: 35
The MAI holding steady month-over-month indicates reliable buyer engagement. Well-maintained homes in North Ranch, Three Springs, and properties offering privacy, views, or proximity to golf courses continue to generate the strongest interest.
Market Narrative
The 91362 market remains resilient as buyers continue seeking larger homes and lifestyle-oriented communities. Median sale prices have stabilized near $1.9 million, while average marketing times range between 65 and 85 days.
Homes offering updated interiors, outdoor entertaining spaces, and access to top-rated schools continue to outperform the broader market. Properties requiring renovation or priced above recent comparable sales are experiencing longer marketing periods and increased negotiation.
Real-Time Market Profile
Median List Price: $2,295,000
Median Price of New Listings: $2,150,000
Price per Sq Ft: $694
Average Days on Market: 77
Median Days on Market: 59
% Price Decreased: 25%
% Price Increased: 3%
Relisted Properties: 12%
Inventory: 134 properties
Median Rent: $5,995/month
Market Segments
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,500,000+ | 5,000+ | 0.5–2 acres | 5–7 | 5–8 | 5–25 yrs | 4 | 2 | 95 |
| $2,500,000–$4,500,000 | 3,500–5,000 | 10,000–25,000 sqft | 4–6 | 4–6 | 15–35 yrs | 8 | 6 | 80 |
| $1,500,000–$2,500,000 | 2,500–3,500 | 8,000–15,000 sqft | 4–5 | 3–4 | 25–45 yrs | 12 | 9 | 65 |
| Under $1,500,000 | 1,500–2,500 | Condo/Townhome | 2–4 | 2–3 | 25–50 yrs | 9 | 7 | 55 |
Conclusion
Westlake Village 91362 remains one of the Conejo Valley's premier residential markets, offering strong long-term appeal, desirable neighborhoods, and consistent buyer demand. Well-presented homes continue to perform particularly well despite a more balanced pace of sales.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]
