The Westwood market seems to be nearing a bottom, as the number of contracts executed fell to 15, the lowest levels since January. Meanwhile, sales came in at 38 homes sold over the last 30 days. In comparison, the Mid City neighborhood had 46 contracts executed in the same time frame, the most of all close-by neighborhoods. The median sales price in Westwood jumped to $1,097,500 while months of inventory was flat at four.
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