October 2020 Real Estate Market Update – Woodland Hills, Topanga, & West Hills

The number of September home sales and sale prices continued their significant upward path in Woodland Hills. While the number of sales, year to year, more than doubled in Topanga, prices took a small dip, perhaps reflective of the wave of sales in Top of Topanga condominium homes. In West Hills sale prices recorded a small uptick with a total of 2 less recorded sales than the previous September.

Woodland Hills saw a 17% increase in the number of homes sold and a 22% increase in sale prices over the previous year. The average sold price of a single residence was $1,137,000 in September.

For Topanga, the average sale price for a single residence was $1,538,000, representing a 3% decrease over the previous September.

And for West Hills, the single residence average sale price of $840,000 represented a 4% increase, year to year.

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Source: CRMLS, The MLS

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