This Week’s Market Overview
The median list price for Woodland Hills, CA is $1,699,000, with the Market Action Index (MAI) at 33, reflecting a slight seller’s advantage. Inventory has increased to 206 active listings, signaling more options for buyers. Stay informed with the latest updates on the Woodland Hills market.
Market Action Index
The Market Action Index (MAI) answers “How’s the Market?” by comparing the rate of sales versus inventory:
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Current MAI: 33 (Slight Seller’s Advantage)
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Last Month’s MAI: 34
The market has been gradually cooling. While sellers still hold a slight advantage, the momentum may shift if inventory continues to rise and buyer demand stays soft.
Market Narrative
Woodland Hills continues to cool modestly, with flattening prices and growing inventory. The consistent dip in the MAI suggests a shift in momentum. Though still technically a seller’s market, if this trend continues, buyers may gain the upper hand in the coming weeks.
Monitor the MAI closely—it’s a leading indicator of whether price levels will hold or begin to decline.
Real-Time Market Profile
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Median List Price: $1,699,000
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Median Price of New Listings: $1,560,000
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Price per Square Foot: $694
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Average Days on Market: 92
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Median Days on Market: 42
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Price Decreased: 43% of listings
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Price Increased: 3% of listings
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Relisted Properties: 17%
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Inventory: 206 properties
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Median Rent: $6,500/month
Market Segments
Woodland Hills’ market is divided into four pricing segments, each representing about 25% of active listings:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,778,000 | 3,840 | 0.25 - 0.5 acre | 5 | 4.8 | 53 | 4 | 5 | 63 |
| $1,995,000 | 2,751 | 0.25 - 0.5 acre | 5 | 3.5 | 63 | 6 | 6 | 35 |
| $1,499,475 | 2,375 | 8,000 - 10,000 sqft | 4 | 3 | 65 | 4 | 8 | 59 |
| $1,149,500 | 1,703 | 6,500 - 8,000 sqft | 3 | 2 | 65 | 9 | 7 | 21 |
Conclusion
Woodland Hills remains in a slight seller’s market, but rising inventory and flat prices suggest a possible shift ahead. Sellers may need to adjust pricing strategies, while buyers should watch for negotiating opportunities. Keep an eye on the MAI to gauge where the market is headed.
Contact Information
For expert insights and exclusive real estate opportunities in Woodland Hills, contact:
📞 Andrew Spitz: (818) 453-9119 | ✉️ Andrew@AndrewSpitz.com
📞 Fran Chavez: (818) 517-1411 | ✉️ FranChavezRE@gmail.com
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