February 2017 Westlake Real Estate Market Report

In February 2017: Westlake had 6 homes listed on the market, 1 went pending and 1 sold.

The 1 that was pending spent 200 days on market; the average days on market of the remaining active homes is 162.

The average list price per sq ft is $128.61; and homes pending is at $166.96 per sq ft.

A months of inventory report shows Westlake at 2.4; Months of Inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This indicates that it is a seller’s market in Westlake.

NOTE: due to incorrect subdivision input by agents into the MLS this data may contain a few outliers from the subdivision that may affect the data slightly.