This Week's Market Overview
Westwood 90024 has a current median list price of $4,795,000 and inventory of 29 homes. The Market Action Index is 34, up from 33 last month, placing the market at Slight Seller’s Advantage.
Market Action Index
The current Market Action Index is 34, up from 33 last month. The market has been strong for several weeks, remains in the seller’s zone, and prices have recently resumed their climb. The current market-position label is Slight Seller’s Advantage.
Market Narrative
Westwood 90024 remains in the seller’s zone after several weeks of strength. The Market Action Index increased from 33 last month to 34 this week, while inventory stands at 29. Prices have recently resumed their climb, so buyers should be prepared for well-positioned homes to attract attention and sellers should continue to price against the most relevant current competition.
Real-Time Market Profile
Median List Price: $4,795,000
Inventory: 29
Market Action Index: 34
Previous Month Market Action Index: 33
Market Position: Slight Seller’s Advantage
Market Segments
The current weekly indicators describe Westwood 90024 as a whole. Individual price tiers and property types can move differently, so each home should be evaluated against directly comparable active and recently absorbed listings.
Lifestyle Demand
Location, condition, lot utility, design, school access, and presentation continue to shape buyer response within Westwood. These property-level considerations should be evaluated alongside the current weekly supply-and-demand indicators.
Conclusion
Westwood 90024 currently holds a Slight Seller’s Advantage, with a Market Action Index of 34 and 29 homes in inventory. The increase from last month’s index of 33, together with recently rising prices, supports a seller-leaning market while still requiring precise property-level strategy.
Contact Information
Andrew Spitz (818) 370-6121 | [email protected]
Fran Chavez (818) 517-1411 | [email protected]
