This Week’s Market Overview
The median list price for Woodland Hills, CA is $1,695,000, with the Market Action Index (MAI) rising to 33, indicating a slight seller’s advantage. Inventory has grown to 213 homes, signaling more options for buyers but still favoring sellers. Stay up to date with current Woodland Hills housing trends!
Market Action Index
The Market Action Index (MAI) measures the balance between supply and demand:
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Current MAI: 33 (Slight Seller’s Advantage)
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Last Month’s MAI: 32
Despite a long-term cooling trend, the recent uptick in MAI shows subtle strengthening in demand. If this upward trend continues, price gains may follow. If not, growing inventory could shift leverage toward buyers.
Market Narrative
Woodland Hills remains in a slight seller’s market. Prices have stabilized, but a consistent rise in inventory is something to monitor. The current market plateau suggests a wait-and-see period—MAI movement in the coming weeks will help determine if prices hold or soften.
Sellers should price competitively, while buyers may find increasing opportunities as inventory expands.
Real-Time Market Profile
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Median List Price: $1,695,000
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Median Price of New Listings: $1,337,000
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Price per Square Foot: $694
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Average Days on Market: 91
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Median Days on Market: 42
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Price Decreased: 44% of listings
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Price Increased: 3% of listings
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Relisted Properties: 17%
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Inventory: 213 properties
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Median Rent: $6,498/month
Market Segments
Woodland Hills is segmented into four price tiers, each representing roughly 25% of current listings:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,800,000 | 4,140 | 0.25 - 0.5 acre | 5 | 5 | 55 | 7 | 5 | 49 |
| $1,950,000 | 2,748 | 0.25 - 0.5 acre | 4 | 3 | 63 | 4 | 5 | 42 |
| $1,497,000 | 2,293 | 8,000 - 10,000 sqft | 4 | 3 | 64 | 4 | 3 | 63 |
| $1,124,500 | 1,677 | 6,500 - 8,000 sqft | 3 | 2 | 65 | 13 | 8 | 21 |
Conclusion
Woodland Hills continues to lean in favor of sellers, but the growing inventory hints at potential changes ahead. Keep a close eye on the Market Action Index—if demand holds or increases, pricing may rise. Otherwise, buyers may soon find more negotiating room.
Contact Information
For expert guidance and exclusive insights in Woodland Hills real estate, reach out to:
📞 Andrew Spitz: (818) 453-9119 | ✉️ [email protected]
📞 Fran Chavez: (818) 517-1411 | ✉️ [email protected]
Stay one step ahead with weekly Woodland Hills housing market updates.
