Los Angeles Living

If you are considering buying or selling Westwood Los Angeles real estate, knowing how the market did in January is a good place to start.

Median price is used for list when a $150,000 listing skews the figures

The Westwood real estate market for single family homes in January remained steady.

Compared with December 2010 there was a drop in Westwood homes sold and average sales price, but the average days on the market dropped significantly.

If you are thinking of selling your Westwood home, with 4.06 months of inventory there is pent-up buyer demand.  Price it right and you will sell quickly.

These statistics do not include the Wilshire Corridor which is reported separately

The market for condos is pretty stagnant.

Compared with December 2010 Westwood condo sales were down significantly, and average days on the market way up.

With 8.37 months of inventory, Westwood condo buyers, this is your market.

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Buying or Selling Westwood Los Angeles Real Estate – Check Out the Market

Map of Westwood CA

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate – Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate – Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate – Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate – Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
  
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
  
• Echo Park Real Estate – Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

 

If you are looking for a friendly place to sit read your newspaper, or use the wifi to check your email on your laptop in West Los Angeles, then Peet's is the place. First opened in 1966 in Berkeley, CA by Alfred Peet, Peet's Coffee and Tea became a gathering place for coffee lovers. Alfred Peet actually mentored the founders of Starbucks and supplied them with the coffee for their first three years in business. There are approximately nine stores on the Westside of Los Angeles, but the one I frequent is by far the best.

Located at 1854 Westwood Blvd. (just south of Santa Monica Blvd.) this Peet's is a true neighborhood cafe. The baristas are extremely friendly and know all their regular customers by name. The store is a magnet for the locals and if you sit there long enough, someone you know will come in. You may even have time to talk to them if you can tear yourself away from the friends you have made there. The Artisan baked goods are kosher and include an array of muffins, croissants, scones and Danish. Next time you are in the West Los Angeles area, do drop in and say hello. Oh, and did I mention the coffee is absolutely delicious.

Map of Peet's Coffee & Tea West Los Angeles

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Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

So you are thinking of buying or selling a Westwood Los Angeles home! How is the market doing? There is no right or wrong time for selling your Los Angeles home. When you want or need to is the right time. Are you waiting out the market before buying a Los Angeles home? If you are in a position to buy now, have the funds, are pre-approved for a loan, then don't wait. Prices in the better parts of Los Angeles did not drop as much as the more depressed areas and they are unlikely to drop any further. In fact, prices have started to rise. Mortgage rates are also on their way up. So, it would be wise to seriously consider buying a Los Angeles home. How is the Westwood Los Angeles real estate market doing?

The Westwood Los Angeles real estate market is showing a strong sellers' market for single family homes. A balanced market is inventory of up to six months. Below 6 months is a sellers' market. Above six months is a buyers' market.

Why? Because little inventory means there is little choice for buyers and sellers have the advantage. The opposite is true when there is too much inventory.

Months supply of inventory, as shown in the above chart, is presently 1.80. A strong sellers market.

The above chart does not include Wilshire Corridor condo statistics.

The Westwood Los Angeles real estate market for condos is a balanced one. Six months of inventory presently means it is the perfect time for buying or selling a Los Angeles home.

View Westwood in a larger map

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

• Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
• Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
• Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
• Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
• Culver City Real Estate - Culver City single family homes, Culver City condominiums
• Palms/Mar Vista Real Estate - Palms/Mar Vista single family homes, Palms/Mar Vista condominiums
• Silver Lake Real Estate - Silver Lake single family homes, Silver Lake condominiums
• Echo Park Real Estate - Echo Park single family homes, Echo Park condominiums

For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate. Let me do the Work for You!