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 throughout the hillside neighborhoods. Inventory remains healthy while the Market Action Index continues to favor sellers, creating a balanced but competitive environment for well-priced homes.
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 stable market conditions. Buyer demand continues to support quality listings, particularly those that have been updated and priced competitively.
Market Narrative
The Woodland Hills 91364 market remains steady as summer continues. Buyers are taking a thoughtful approach to their home search, but desirable properties featuring updated interiors, scenic views, and larger lots continue to generate strong interest.
Homes requiring significant updating or priced above comparable sales are spending more time on the market, while move-in-ready properties continue to command premium attention. Sellers who accurately price their homes remain well positioned to achieve favorable results.
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 neighborhoods, offering a combination of hillside living, established communities, and convenient access to shopping, dining, and recreation. Buyers remain active, and well-prepared homes continue to perform exceptionally well.
Contact Information
Andrew: (818) 370-6121 | [email protected]
Fran: (818) 517-1411 | [email protected]