The Westlake Village Market Report the Public Isn’t Hearing About

The Westlake Village housing market isn’t just steady — it’s outperforming expectations. While headlines elsewhere talk about stalled sales and hesitant buyers, the data here tells a very different story. Homes are moving, competition is fierce, and in some cases, buyers are paying well over the asking price.

A Market Snapshot Worth Noticing

As of this week, Westlake Village has 105 active listings, with another 33 homes in escrow (pending or under contract). Prices range from just over $1M to an eye-catching $30M estate, but across the board, the trend is clear:

• Homes are selling at or above asking price.

• Price per square foot ranges widely ($600–$2,800+), but averages nearly $960/Sq.Ft.

• Luxury estates over $10M remain in high demand.

What the public may not realize: a home on Leeward Circle recently sold for 111% of its asking price, while another in the Foxmoor neighborhood jumped 7% over list. In a market where buyers are supposedly cautious, Westlake Village is proving that demand is alive and well.

What’s Driving This?

1. Move-in Ready is King – Homes that are updated and staged are flying off the market. Dated homes linger or require price cuts.

2. Luxury Confidence – Estates in Lake Sherwood, Westlake Island, and along Stafford and Potrero Roads are holding firm, even in the $10M+ range.

3. Buyer Urgency – Families and investors see Westlake Village as a long-term safe haven. Competitive offers are the norm, not the exception.

The Hidden Story

While national media points to slowing momentum, our local market bucks the trend. The median home in Westlake Village is selling around $3.15M, but the story isn’t just in the numbers — it’s in the psychology. Buyers are prioritizing lifestyle, community, and future value over waiting for interest rates to drop.

This is where transparency matters. Sellers who skip proper preparation or rely on off-market deals risk leaving hundreds of thousands of dollars on the table. The data is proof: full-market exposure equals stronger offers.

What This Means for Homeowners

• Thinking of Selling? Now is the time. Serious buyers are here, and prepared homes are selling for premiums.

• Not Ready Yet? Start planning improvements that will maximize return later.

• Considering an Off-Market Offer? Think again — the Westlake Village market is showing you can net far more by exposing your property to competition.

At Avant ONE Real Estate, we don’t just watch the numbers — we analyze, interpret, and act in your best interest. Our Renovate-to-Sell and Sell 360 programs are built to make sure your home commands top value. We don’t believe in shortcuts like off-market deals that benefit the agent more than the seller.

Luxury isn’t a price point — it’s the experience. Whether your home is $1M or $15M, you deserve full transparency, cutting-edge marketing, and representation that puts you first.

Because in this market, doing it differently isn’t just a choice — it’s your advantage.

Thinking of selling in Westlake Village? Don’t leave money on the table. The smartest move you can make right now is getting informed.