The statistics below cover Westwood and West Los Angeles. They are taken directly from the MLS and are for single family homes. They do not include condos, income property or private sales.
There were 7 homes sold in February, 3 more than in January and 1 less than February '09
The highest price sold was $1,720,000 and the lowest was $530,000.
The median sold price was $830,000, down from $1,182,000 in January and $1,024,200 in February '09.
The average sold price vs list price was 97.55%, almost the same as January at 98% and up from 94.16% in February '09.
The average days on the market was 52, up from 24 in January and 45 in February '09.
It is still difficult to determine the trend, but we wait for March and April figures.
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