October's First-Time Homebuyer Report for West Los Angeles

West Los Angeles ranks as the fastest growing neighborhood in Los Angeles at a 10-year growth rate of 3.6%. However, its population only ranks 12th in size with 50,021 people. With a median age of 42 years, homes in West Los Angeles tend to be older than most. Heading the list of top schools in the neighborhood is Carpenter Avenue Elementary School.

Price Range

Some of the more expensive homes in Los Angeles are in West Los Angeles with a median home value of $628,917 and an average list price for available homes currently at $1,552,985. The West Los Angeles market was solid in this week's report, as the number of home sales climbed 4.3%, pushing the total to 49 homes sold over the last 30 days.

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

$1.1M   $1M   $1.8M  

Typical Dwelling

The typical dwelling in West Los Angeles is a three-bedroom detached home worth about $1,489,129. To purchase a similar home, a buyer with good credit and a $297,826 cash down payment could obtain a mortgage with a 3.95% interest rate and a $5,167 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


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