Market Data - Westchester
/Market trends help you understand the movement of key price indicators. Having a better understanding of the market that you are working in helps immensly when making decisions on what to build, remodel, or offer the market. We have to make sure our remodel doesn't go over budget, but also at the same time make sure it finishes up to the standards of whats available currently.
Trends in Westchester show a 8% year-over-year rise in median sales price.
The median sales price for homes in Westchester for May 24 to Aug 23 was $1,122,500 based on 96 home sales.
Number of Sales - Year Over Year <5 Years
Average price per square foot for Westchester was $707, an increase of 5% compared to the same period last year.
These are the factors that drove our decision to start buying and selling in this area. Consist growth and in genral the area has been on the up an ups for the past 2 years. Additionally, the average household income & amount of college educated residents is well above the average for LA county. These factors all contribute to a great market.