Woodland Hills Real Estate Report May 2020

Woodland Hills Backyard with Pool

With prices increasing year over year for April, Woodland Hills is experiencing continued, though slower home sales and new listings in May.  In the first half of the month we have seen 25 new listings, 24 new pending sales and 12 closed sales.

Check out Wende’s most current Market Snapshot for Woodland Hills here:

April home sales in Woodland Hills followed the general trend of the Los Angeles area.  Though the number of sales was down almost 47%, from 83 in April 2019 to 45  in April 2020, and the number of new listings for the month decreased 50%, year to year from 141 in 2019 to 70 in 2020, the average sale price rose over 3% from $836,284 last year to $863,488 this year.  For more details on April listings and sales, click the link below:

WOODLAND HILLS COMPARATIVE MARKET UPDATE for APRIL 2020

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Source: CRMLS, The MLS

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