ANDRES JARA · REAL ESTATE

Westlake Home Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, Westlake has 85 active listings at a median list price of $723K ($303 per sqft). 167 homes closed in the past 12 months at a median sold price of $625K, implying 6.1 months of supply.

Single-family homes sold for a median 95.4% of their original asking price (98.3% of the final list price), went under contract in a median 57 days and closed in 97. 32% of buyers paid cash, 66% financed and 2% did not disclose.

Based on MLS closed sales. Data current as of November 15, 2026.

How fast single-family homes sell

Single-family homes here sold for a median 95.4% of their original asking price (98.3% of the final list price), went under contract in a median 57 days and closed in 97.

57 days
median, listing → contract
34 days
median, contract → closing
97 days
median, listing → closing
% of original ask95.4%
% of final list price98.3%

88% of single-family homes (138 of 157) sold below their original asking price. Based on 157 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 154 buyers whose financing was recorded, 33% paid cash. Across all 157 sales of single-family homes: 32% cash, 66% financed and 2% not disclosed.

Cash31.8%50 sales
Financed (mortgage or other loan)66.2%104 sales
Not disclosed1.9%3 sales
33%
cash share of disclosed sales
98%
of sales reported how the buyer paid

Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. From the MLS financing field on 157 closed sales, Nov 2025 – Oct 2026.

For Sale in Westlake

85 single-family homes & townhomes currently for sale · $449,000 – $1,450,000.

WestlakeFor Sale85 for sale · $449,000 – $1,450,000
85
Homes for Sale
$449K
From
$1.5M
Up to
85
Active Listings
$723K
Median List Price
$303
Median $/SqFt
6.1
Months of Supply
$625K ▲ 0.4%
Median Sold (12mo)
167
Closed Sales
last 12 months
95.4%
Sold ÷ Original Ask
median, last 12 months
57
Days to Contract
median · 97 days to close
32%
Paid Cash
66% financed · 2% not disclosed

Westlake closed sales, monthly

We track every closed sale in Westlake — 167 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.

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Buyer’s Market6.1 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Trades at a 81% discount to the Palm Beach County average ($303 vs $1,611 per sqft, below market).

Median $/SqFt

Westlake · 671 closed sales
Median price per square foot over time$350$263$1752020-112021-112022-112023-112024-112025-112026-11

Live market analytics for Westlake →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose City field is “Westlake” — the municipality as filed by the listing agent. Not a ZIP code, a radius, or a neighborhood polygon.
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=167 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.
Current figures
This page is a dated snapshot and is not restated. The continuously updated version is Westlake market analytics, which divides by 12 complete calendar months rather than a rolling year, so its months of supply can differ by about 0.1 and its active count by a few listings.