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Westlake Village, California

First Neighborhood home prices and recent sales

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 September 3, 2026 · built from closed MLS sales · recalculated weekly

The short answer

38 homes sold in First Neighborhood over the last 24 months, at a median price of $1,765,000. 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 recorded in the California Regional Multiple Listing Service inside the community's mapped boundary, through September 3, 2026.

First Neighborhood closed sales, last 24 months
Homes sold, last 24 months38
Median sale price$1,765,000
Lowest sale$1,170,000
Highest sale$3,000,000
Median price per square foot$725
Median home size2,393 sq ft
Homes sold, 24 months38
Median sale price$1,765,000
Price range$1,170,000 to $3,000,000
Median per square foot$725

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Is First Neighborhood going up or down?

The median sale price in First Neighborhood over the last 12 months was $1,787,500, across 18 closed sales. In the 12 months before that it was $1,525,000, across 20 sales. That is up 17.2%.

Both windows are small. A single very expensive or very cheap sale moves a median built on 18 homes more than it would move a citywide figure. Read the direction, not the decimal.

What sells in First Neighborhood

Bedroom count on First Neighborhood sales, last 24 months
3 bedrooms4 of 38
4 bedrooms27 of 38
5 or more bedrooms7 of 38

Where First Neighborhood is, and how these numbers were counted

First Neighborhood is in Westlake Village, California. The boundary used on this page is the one published in OpenStreetMap, entry way/1313503213, so the shape behind these figures is a third party's and can be checked rather than taken on our word.

Every closed sale in the California Regional Multiple Listing Service over the last 730 days was tested against that boundary. 38 of them closed inside it. Sales just outside the line are not counted, which is the point: a community median built from the surrounding city is not a community median.

Common questions about First Neighborhood

How much is a house in First Neighborhood?

The median home in First Neighborhood sold for $1,765,000 over the last 24 months, across 38 closed sales. Individual sales ran from $1,170,000 to $3,000,000. Figures are from closed CRMLS sales through September 3, 2026.

How many homes sell in First Neighborhood?

38 homes closed in First Neighborhood in the last 24 months, which is roughly 1.6 a month. In a community this size a quiet quarter is normal and does not mean the market stopped.

Where is First Neighborhood?

First Neighborhood is in Westlake Village, California. The boundary used on this page is the one published in OpenStreetMap (way/1313503213), and every sale counted here closed inside it.

What is the price per square foot in First Neighborhood?

The median was $725 per square foot over the last 24 months, across the 38 sales where square footage was recorded.

Are First Neighborhood home prices going up or down?

The median over the last 12 months was $1,787,500, against $1,525,000 in the 12 months before. That is up 17.2%, on 18 and 20 sales.

What is my home in First Neighborhood worth?

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 your value, all three ways to sell, and what you keep after every fee.

Keep reading

Based on information from the California Regional Multiple Listing Service, Inc. as of September 3, 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.

Thinking about selling in First Neighborhood?

A median describes 38 other houses. It does not describe yours. Get your number, all three ways to sell it, and what you actually keep after every fee.

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