in Westlake Village, CA • 2026 Buying Guide
Best Month
December
$990K
Avoid
July
$1.21M
Potential Savings
$224K
18.5% difference
Market Type
Balanced
4.2 mo. supply
Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.
Median Sale Price
$959K
N/A YoY
Days on Market
86
median days
Inventory
25
active listings
Sale-to-List Ratio
97.9%
room to negotiate
Jan
$1.13M
Feb
$1.02M
Mar
$1.14M
Apr
$1.13M
May
$1.15M
Jun
$1.19M
Jul
$1.21M
PeakAug
$1.10M
Sep
$1.09M
Oct
$1.12M
Nov
$1.14M
Dec
$990K
BestBased on historical sales data in Westlake Village
Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
Pro Tip: With Westlake Village's median price at $959K, a 20% down payment would be approximately $192K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Westlake Village's housing market, December is typically the best time to buy a condo. During this month, prices average around $990K, which is 18.5% lower than peak prices in July. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
The current median home price in Westlake Village is $959K. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Westlake Village has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.
Key considerations for buying a condo in Westlake Village include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).
Homes in Westlake Village currently spend an average of 86 days on market. This suggests a slower market where you have more time to negotiate.
Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With Westlake Village's median price of $959K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a condo in Westlake Village? Our analysis shows that December typically offers the best prices, with homes averaging around $990K. Buying during this time could save you up to $224K compared to peak months like July.
With a median price of $959K and homes spending an average of 86 days on market, Westlake Village is currently a balanced market. There's currently 4.2 months of inventory available.
Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
There are 1 real estate agents active in Westlake Village who can help you find the perfect condo. A local expert understands neighborhood nuances, pricing trends, and can help you navigate Westlake Village's specific market conditions.
Connect with local agents who specialize in condos.