Question 1

What is the median sold price in Westlake?

Accepted Answer

The median sold price in Westlake is $485,000 based on 65 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Westlake?

Accepted Answer

The average sold price in Westlake is $540,290. Note that the average ($540,290) is higher than the median ($485,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Westlake?

Accepted Answer

Home prices in Westlake range from $374,000 to $1,550,000 based on recent sales data. This $1,176,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Westlake selling above or below asking price?

Accepted Answer

On average, homes in Westlake are selling at 98.2% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Westlake?

Accepted Answer

Homes in Westlake are selling in an average of 66 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Westlake?

Accepted Answer

The average price per square foot in Westlake is $377. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $754,000.

Question 7

How active is the real estate market in Westlake?

Accepted Answer

The Westlake market has seen 65 home sales over the past 2 years, with 7 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How many new listings are coming to market in Westlake?

Accepted Answer

There have been 5 new listings in Westlake during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Westlake?

Accepted Answer

The most common property types selling in Westlake are: detached homes (61 sold, avg $549,457), semi-detached homes (4 sold, avg $400,500). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Westlake?

Accepted Answer

Detached homes in Westlake are selling for an average of $549,457, with 61 sales over the past 2 years. The average price per square foot for detached homes is $383.

Question 11

Are home prices rising or falling in Westlake?

Accepted Answer

Home prices in Westlake have decreased by 4.1% over the past 2 years. The average sold price moved from $438,125 to $420,000. The relatively stable prices suggest a balanced market.

Question 12

Is Westlake a buyer's or seller's market?

Accepted Answer

Based on current data, Westlake is a buyer's market. Homes are selling in 66 days on average and at 98.2% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Westlake?

Accepted Answer

In Westlake, 23% of homes sold above asking price, while 74% sold below asking. A moderate number of homes attract multiple offers.

Question 14

What are the average property taxes in Westlake?

Accepted Answer

The average annual property tax in Westlake is $4,487, with a median of $4,087. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Westlake?

Accepted Answer

Homes selling in Westlake range from 908 to 4,081 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Westlake?

Accepted Answer

Westlake shows relatively consistent pricing with a standard deviation of $202,819 around the average price of $540,290. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 17

How do I find out how much a house sold for in Westlake?

Accepted Answer

Simply search our Westlake sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 18

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Westlake will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 19

Do you show all MLS® sold listings for Westlake?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Westlake. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

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