This Week's Market Overview
The median list price for Woodland Hills, CA 91364 is $1,895,000, reflecting continued demand for homes south of Ventura Boulevard and in the area's desirable hillside neighborhoods. Inventory currently stands at approximately 136 active homes, maintaining a slight seller's advantage.
Market Action Index
Current MAI: 35 (Slight Seller's Advantage) | Last Month's MAI: 35
The Market Action Index remains unchanged from last month, indicating a stable market where buyer demand continues to support well-priced properties despite a more measured pace of activity.
Market Narrative
The 91364 market continues to demonstrate resilience as summer progresses. Buyers remain active, particularly for updated homes offering views, larger lots, and proximity to Ventura Boulevard. While homes are taking slightly longer to sell than they did during the peak of the market, desirable properties continue to attract strong interest.
Homes requiring cosmetic improvements or priced above recent comparable sales are seeing longer marketing periods and increased negotiation, while turnkey properties continue to perform well.
Real-Time Market Profile
Median List Price: $1,895,000
Median Price of New Listings: $1,750,000
Price per Sq Ft: $745
Average Days on Market: 74
Median Days on Market: 58
Price Decreased: 27%
Price Increased: 3%
Relisted: 12%
Inventory: 136 properties
Median Rent: $4,950/month
Market Segments
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
$3,500,000+ | 4,500+ | 0.25–0.5 acre | 5–6 | 4–6 | 5–25 yrs | 3 | 2 | 90 |
$2,000,000–$3,500,000 | 3,000–4,500 | 8,000–12,000 sqft | 4–5 | 3–5 | 20–40 yrs | 7 | 5 | 75 |
$1,200,000–$2,000,000 | 2,000–3,000 | 6,000–9,000 sqft | 3–4 | 2–3 | 30–60 yrs | 11 | 9 | 65 |
Under $1,200,000 | 1,200–2,000 | Condo/Townhome | 2–3 | 2–3 | 30–60 yrs | 8 | 6 | 55 |
Conclusion
Woodland Hills 91364 continues to be one of the Valley's most desirable residential markets, offering a strong combination of established neighborhoods, hillside homes, and convenient access to shopping and dining. Well-priced, move-in-ready homes continue to generate the strongest buyer interest.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]
