What is really happening?

Curious about Westlake Village Real Estate?

You’re in the right place. Here’s your October 2025 market update, packed with the latest insights on home prices, inventory, and buyer activity. Whether you’re planning to buy or sell this fall, these trends will help you make smarter decisions in Westlake Village and beyond.

High-Level Market Overview

In October 2025, there were 4.5 months of housing supply available in Westlake Village, placing us right in what’s considered a balanced market.

To put that in perspective:

4–6 months of inventory = balanced market
Less than 4 months = seller’s market (low inventory, higher prices)
More than 6 months = buyer’s market (more homes available, lower prices)

Last October, inventory sat at 4.0 months, and last month it was 4.9 months. The small dip this month came from 22 homes leaving the market unsold, a factor that will directly affect pricing and buyer competition going into November.

Median Sales Price

The median home price in Westlake Village for October was $1.88 million.

Here’s how that compares:

Up 4.7% from last year ($1.8M)
Down 6.7% from last month ($2.0M)

Why the dip? As inventory increases, buyers gain more choice, softening prices slightly. Some sellers are even pausing listings, waiting for the interest rate cuts that economists expect in December. When those rates drop, demand usually rises—and that could drive prices up again. Check out this program on home prices and affordability.

Days on Market (DOM)

In October, homes in Westlake Village took a median of 33 days to sell. That’s down from 37 days last month and significantly faster than 57 days a year ago.

However, 22 listings left the market unsold, showing that pricing and presentation still matter.

For sellers: If your home is priced correctly, it will move quickly—especially around the $1.5M range, where homes are selling fastest (see chart below).
For buyers: Those same homes are competitive, so make sure you’re pre-approved and ready to act fast. Short escrow terms and clean offers are winning deals in this segment.

Interest Rates and What's Ahead

Two key truths to remember:

When interest rates fall, home prices rise.
Demand moves faster than supply.

With employment data softening, there’s talk of a Federal Reserve rate cut in December according to Atlanta Fed Economy Now. If that happens, more buyers will enter the market, tightening inventory and pushing prices higher.

Whatever happens, shop around with multiple lenders. Different programs can make a major difference in your monthly payment and overall affordability.

Key Market Trends

Here’s what stands out in the October 2025 Westlake Village real estate market:

17 homes sold in October (vs. 19 in September and 23 last year)
Active inventory dropped from 94 to 76 listings
Many of those were unsold withdrawals, not closings
Homes around $1.5M are moving the fastest
List price received dropped 2.2%, creating opportunities for buyers

Remember — real estate is hyperlocal.
For example, in Foxmoor or Village Homes, updated homes are still getting multiple offers within the first weekend. Meanwhile, overpriced or dated homes are sitting longer.

If you’re selling, Compass Concierge can help you prepare your home with interest-free funds for upgrades before listing — a smart move that often leads to a higher sale price.

👉 Learn more about Compass Concierge here.

Final Thoughts

Every client’s situation is unique. While general market updates are helpful, nothing replaces a personalized strategy based on your goals, property, and timing.

If you’d like a free, no-obligation market evaluation or want to discover hidden buying opportunities, let’s chat. I’ll give you an honest, data-driven opinion to help you make the best decision for your situation.

📅 Request your free market evaluation here.
💬 Or schedule a quick call with me to discuss your real estate goals.