This Week's Market Overview
Woodland Hills 91364 remains a slight seller's market, with a current median list price of $1,499,000, 123 active listings, and a Market Action Index of 34. Inventory has increased from the prior month while the index has eased from 35, giving buyers more choices as the market becomes more selective.
Market Action Index
Market Action Index: 34
Market Position: Slight Seller's Advantage
At 34, the Market Action Index still favors sellers, but the recent softening points to a more measured pace. Homes that are priced and prepared well can still attract demand; buyers have a broader field of comparable options than they did earlier in the year.
Market Narrative
Current data shows a downward adjustment in pricing as available homes increase and demand becomes less urgent. In Woodland Hills 91364, buyers are continuing to differentiate between homes with privacy, views, usable outdoor space, and turnkey presentation and those that need a clearer value proposition.
Real-Time Market Profile
Median List Price | $1,499,000 |
Median Price of New Listings | $1,347,450 |
Price per Sq Ft | $636 |
Average Days on Market | 121 days |
Median Days on Market | 63 days |
% Price Decreased | 39% |
% Price Increased | 2% |
Relisted Properties | 19% |
Inventory | 123 homes |
Median Rent | $6,245/month |
Market Action Index | 34 |
Market Position | Slight Seller's Advantage |
Market Segments
Premier homes | $2,799,000 median price
One new listing and three absorbed properties, with 77 days on market. Buyers at the top of the market are taking time to evaluate condition, privacy, and the overall lifestyle offering.
Upper market | $1,699,000 median price
Two new listings and four absorbed properties, with 49 days on market. This is the quickest-moving segment, underscoring continued demand for well-positioned, move-in-ready homes.
Core market | $1,350,000 median price
No new or absorbed properties this week and 70 days on market. Sellers in this tier benefit from a disciplined launch price and strong presentation.
Under $1.5M | $1,057,000 median price
Three new listings and three absorbed properties, with 73 days on market. Buyers have choices, but homes with functional layouts, outdoor usability, and easy access to local amenities remain compelling.
Lifestyle Demand
Woodland Hills 91364 continues to draw buyers seeking hillside and canyon views, privacy, access to Ventura Boulevard amenities, and indoor/outdoor living. Homes that make those advantages immediately visible are best positioned within the current inventory.
Conclusion
Woodland Hills 91364 retains a slight seller's advantage, but the increase in selection and the recent pricing adjustment make preparation and positioning increasingly important. Buyers have more room to compare, while distinctive homes can still stand apart.
Contact Information
Andrew Spitz
(818) 370-6121 | [email protected]
Fran Chavez
(818) 517-1411 | [email protected]
