WESTLAKE VILLAGE HOUSING MARKET INFORMATION With 7,573 people, 3,058 houses or apartments, and a median cost of homes of $1,657,774, Westlake Village house prices are not only among the most expensive in California, Westlake Village real estate also is some of the most expensive in all of America. Westlake Village is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Westlake Village than is found in 98% of the communities in America. Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Westlake Village. Owner-occupied housing accounts for 81.29% of Westlake Village's homes, and 60.25% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Westlake Village built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Westlake Village built between 1940-1969 ( 39.22%). A lesser amount of the housing stock also hails from between 2000 and later ( 2.63%). WESTLAKE VILLAGE HOME APPRECIATION RATES Appreciation rates for homes in Westlake Village have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 92.82%, which ranks in the top 50% nationwide. This equates to an annual average Westlake Village house appreciation rate of 6.79%. 蘑菇视频's data show that during the latest twelve months, Westlake Village's appreciation rate, at 8.45%, has been at or slightly above the national average. In the latest quarter, Westlake Village's appreciation rate has been 1.60%, which annualizes to a rate of 6.54%. Relative to California, our data show that Westlake Village's latest annual appreciation rate is higher than 90% of the other cities and towns in California.