Westminster DATA*
Feb 2014
6 month
3 month
Feb 2015
% change
Median Price ..........................................................
$539,500
$545,000
$562,000
$530,000
-1.8%
Average Price per Square Foot ...........................
$322
$347
$344
$378
17.4%
Properties Sold .......................................................
24
37
29
19
-20.8%
Properties Pending Sale .......................................
35
32
26
36
2.9%
Properties For Sale ................................................
108
121
91
107
-0.9%
Days on Market (Pending Sale) ...........................
35
50
55
32
-8.6%
Month’s Supply of Inventory ................................
4.5
3.3
3.1
5.6
25.1%
Percent Under Contract ........................................
32.4%
26.4%
28.6%
33.6%
3.8%
Average Median Price for Last 12 Months ........
$499,000
$538,400
$533,967
$533,526
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot FEB
$539
MAR
$530,000
APR MAY
MEDIAN SALES PRICE
JUN
$378
JUL AUG
AVERAGE PRICE PER SQ FT
SEP OCT NOV
5.6 MONTH’S SUPPLY OF INVENTORY
DEC JAN FEB
$530 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : February 2015
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