Westlake, FL housing market

The median sale price in Westlake, FL was $594K in May 2026, down 2.7% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $628K, firming from $601K across the three months before that. That puts prices 15.3% below the strongest three-month stretch on record here, which ended in Aug 2022 at $742K.

Buyers had 107 homes to choose from in May 2026, down 0.9% year over year (Redfin). At the current sales pace that standing inventory works out to 7.1 months of supply; convention treats four to six months as a balanced market, which puts Westlake, FL on the buyers' side of it. 25 homes came to market in May 2026, down 21.9% year over year, against 15 closings, up 66.7% year over year. Homes that sold in May 2026 took a median of 136 days to go under contract, 67 days slower than this market's usual May pace.

Competition is measurable in the closings themselves: 7% settled above asking, and the average sale landed at 98% of its final list price. 21% of listings carried a price cut in May 2026.

This page tracks 9 monthly housing series for Westlake, FL — median sale price, inventory (active), median days on market, months of supply, homes sold, new listings, and more — sourced from Redfin, running from Sep 2018 through May 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.