Home Sales Down in Westminster Real Estate Market

The Westminster market broke below its 12-month average sales volume this week as sales fell 23.8% to hit 32 homes sold over the last 30 days. In comparison, nearby Long Beach had 349 sales in the same time frame, the most of all neighboring cities. Prices are falling in Westminster, and this period the median price of all sales fell from $630,250 to $621,500. With only three months of inventory to sell, Westminster is a seller's market, in spite of the dip in sales.

Trying to find a home in Westminster that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$569K   $599K  

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

Demographic facts for Westminster:

  • The median value of all homes is $392,200.
  • The area gets an average of 31 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 8.1%.
  • The students per teacher ratio in this area is 20.6:1. (15.3:1 = national average)

Data reported through 10/19/2016

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