Home / Communities / First Neighborhood
Every number here comes off a real closing inside this community's mapped boundary. Not an estimate, and not the whole city's average standing in for it.
Last updated October 16, 2026 · recalculated weekly
37 homes sold in First Neighborhood over the last 24 months, at a median price of $1,770,000. Sales ran from $1,170,000 to $3,000,000. First Neighborhood sits in Westlake Village, California, and every figure here comes from closed sales from the California Regional MLS, through October 16, 2026.
| Homes sold, last 24 months | 37 |
|---|---|
| Median sale price | $1,770,000 |
| Lowest sale | $1,170,000 |
| Highest sale | $3,000,000 |
| Median price per square foot | $726 |
| Median home size | 2,393 sq ft |
Check your home's value by address
The median sale price in First Neighborhood over the last 12 months was $1,800,000, across 17 closed sales. In the 12 months before that it was $1,565,000, across 20 sales. That is up 15.0%.
Both windows are small. A single very expensive or very cheap sale moves a median built on 17 homes more than it would move a citywide figure. Read the direction, not the decimal.
| 3 bedrooms | 4 of 37 |
|---|---|
| 4 bedrooms | 26 of 37 |
| 5 or more bedrooms | 7 of 37 |
These are closed sales, not asking prices. What a house in First Neighborhood will actually take right now depends on the street and the week. Kurt will tell you straight, before you write anything.
Every closed sale from the California Regional MLS over the last 730 days, tested against First Neighborhood's mapped boundary. 37 closed inside it. Sales just outside the line are not counted: a median built from the surrounding city is not a community median.
The median home in First Neighborhood sold for $1,770,000 over the last 24 months, across 37 closed sales. Individual sales ran from $1,170,000 to $3,000,000. Figures are from closed CRMLS sales through October 16, 2026.
37 homes closed in First Neighborhood in the last 24 months, which is roughly 1.5 a month. In a community this size a quiet quarter is normal and does not mean the market stopped.
First Neighborhood is in Westlake Village, California, and every sale counted on this page closed inside its mapped boundary.
The median was $726 per square foot over the last 24 months, across the 37 sales where square footage was recorded.
The median over the last 12 months was $1,800,000, against $1,565,000 in the 12 months before. That is up 15.0%, on 17 and 20 sales.
A house is worth what a buyer will pay for it, and nothing else. A median tells you what the community does, not what your house does. Your street, your lot, your view and your condition move your number more than a community median can. Kurt Mellinger runs your address against these same closed sales and sends back the Free Equity & Exit Report: what your home is worth, from real sales near you, and the exact plan we'd use to sell it.
Same data, same method, for the neighbourhoods closest to First Neighborhood.
Based on information from the California Regional Multiple Listing Service, Inc. as of October 16, 2026 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. Boundary data © OpenStreetMap contributors, ODbL 1.0.