Westlake Village Real Estate Market Update - week of September 9, 2013
By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
The median list price for a single family home in WESTLAKE VILLAGE, CA for the week of September 9th, 2013 is $1,500,000.00 Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market. SUPPLY AND DEMAND: The market has been consistently cool for several weeks. Demand levels are low relative to the available inventory. It's a Buyer's Market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again. Carmela Jacobs is an ethical California Real Estate Broker with over two decades of experience helping hundreds of families make the right move. As a full-time Realtor she specializes in relocation, homes sales, luxury l...
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