October's First-Time Homebuyer Report for Westwood

Westwood is a neighborhood in Los Angeles with a median income of $73,088 per household. Besides being affluent, its population is much older than others with a median age of 30 years. Condos and townhouses account for 30% of the area's current housing market. Topping the list of best schools in the neighborhood is Carpenter Avenue Elementary School.


If you are interested in some outdoor fun, Foursquare says that Equinox and LA Fitness are the most popular places in Westwood. If you like arts and entertainment, some popular spots are Hammer Museum and UCLA Royce Hall. And finally, In-N-Out Burger, 800 Degrees Neapolitan Pizzeria, and Fat Sal's are frequently visited spots to eat.

Price Range

Westwood has some of the more expensive homes in the city with a median home value of $704,324 and a current average list price of $1,565,729. The number of home sales in the Westwood market rose 15.2% to 38 homes over the last 30 days, exceeding the 34.5 monthly average for the last 12 months.

Out of all the listings in Westwood, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$88M   $26.5M   $699K  

Typical Dwelling

The typical dwelling in Westwood is a two-bedroom condo worth about $1,155,350. To purchase a similar home, a buyer with good credit and a $231,070 cash down payment could obtain a mortgage with a 3.95% interest rate and a $4,934 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out Westwood homes for sale or reviewing Westwood real estate trends.

Data reported through 10/13/2016


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Keller Williams Realty Los Feliz
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