This Week's Market Overview
This week, the median list price for Woodland Hills, CA 91364 is $1,595,000, with the Market Action Index holding at 36. This is about the same as last month's index of 36, while inventory has increased to 112 homes.
Market Action Index
The Market Action Index answers “How’s the Market?” by comparing the rate of sales with available inventory.
Current MAI: 36 (Slight Seller's Advantage)
Last Month's MAI: 36
Market Narrative
The market has been cooling over time, and prices have plateaued. Even with the gradual decline in the Market Action Index, Woodland Hills 91364 remains in the seller's zone. If the index begins climbing again, prices may follow; a sustained decline could create additional leverage for buyers.
Real-Time Market Profile
Median List Price | $1,595,000 |
Median Price of New Listings | $1,572,500 |
Price per Square Foot | $662 |
Average Days on Market | 119 |
Median Days on Market | 56 |
Price Decreased | 31% |
Price Increased | 2% |
Relisted | 21% |
Inventory | 112 homes |
Market Action Index | 36 |
Conclusion
Woodland Hills 91364 continues to offer a slight seller's advantage, though increased inventory and stable pricing give buyers more room to compare their options. Sellers should continue to focus on accurate pricing and strong presentation to stand out in a more selective market.
