Westlake Housing Market Report December 2024•Los Angeles County, California

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Housing Prices in Westlake, CA

How much do homes in Westlake, CA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$798,888$566/SqFt
+$73,888
+10.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Westlake has increased by 10.2% since last year.

Summary: The median home list price in Westlake was $798,888 in December 2024, up 10.2% from the previous year, and the median price per square foot was $566.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Westlake
+10.2%
City West
+4.0%
Rampart Heights
-1.7%
Historic Filipinotown
-9.0%
Dayton Heights
-12.6%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$419K$419.5K
0.1%
2$646.5K$699K
+8.1%
3$882.9K$799K
-9.5%
4$995K$992.5K
-0.3%
5$1.4M$1.5M
+6.6%

Summary: Westlake housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by 0.1%. The home price for 2 bedroom homes increased by +8.1%. The home price for 3 bedroom homes decreased by -9.5%. The home price for 4 bedroom homes decreased by -0.3%. The home price for 5 bedroom homes increased by +6.6%.

Housing supply in Westlake, CA

How many homes are available in Westlake, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
66Last MonthDec 2024
602 months agoNov 2024
+10.0 %
Change MoMNov – Dec

Summary: The Westlake real estate market had 66 homes for sale in Dec 2024, a 10.0 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
1811
+37.5%
21620
+25.0%
3119
-18.2%
477
0.0%
51819
+5.6%

Summary: Westlake housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +37.5%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -18.2%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +5.6%.

Asking Price vs. Sold Price

How much do homes in Westlake, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price6 Homes

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Westlake, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Westlake in December 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and and 75% were sold over asking.

Days on Market for Westlake, CA

How long does it take to sell a home in Westlake, CA?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Many homes in Westlake are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in Westlake; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
114 DaysThis YearDec 2024
182 Days1 year agoDec 2023
-37.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Westlake had an average listing age of 114 days in Dec 2024, down by 37.4% compared to the previous year.

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Newest Listings in Westlake, CA

What homes are available in Westlake, CA?

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MLS Disclaimers and Copyright

Based on information from California Regional MLS, and Golden Empire MLS for the period 01/01/2023 - 01/01/2025

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from Golden Empire MLS, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Bakersfield Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 4:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.