March 2017 Westlake Real Estate Market Report

In March 2017: Westlake had 6 homes listed on the market, 1 is still pending from the last report I ran.

The average days on market of the remaining active homes is 148.

The average list price per sq ft is $127.28; and homes pending is at $166.96 per sq ft.

A months of inventory report shows Westlake at 6 months; 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.