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
March 7, 2012 By Leave a Comment
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...]




