Los Angeles Communities Real Estate Market Report February 2012

Let's see how the Los Angeles real estate market is doing by selected communities: SINGLE FAMILY HOMES   Communities Active Sold Median Average Sold Per Month Market   Bel Air/Holmby Hills  97 5  $1,722,000  8.69  Strong Buyers Beverly Center | MM 58  11  $825,000 10  Sellers Beverly Hills P.O.  99  9  $1,850,000  11.16  Buyers Beverlywood  46 116  $722,500  14.16  Strong Sellers Cheviot … [Read more...]

West Hollywood Real Estate Market Report 2011

The West Hollywood  real estate market is always a hot one, mostly because of its walkability, and no shortage of dining, shopping and nightlife. Let's check out how the market did in 2011. Absorption rate is the number of months it will take to sell the current inventory.  6 months is a balanced market.  Over 6 months favors buyers and under six months favors sellers. West Hollywood is primarily a condo market, so single family homes that come on the market do very well.   Sales of … [Read more...]