West Hollywood is one of the more affordable communities in Los Angeles. An incorporated city with a high Walk Score, West Hollywood has great dining, stores, galleries, and nightlife, and is a much sought-after neighborhood in which to live.
How is the real estate market doing. Let’s compare the 3rd Qtr 2013 with the 2nd Qtr.
(The West Hollywood area on the MLS does include neighborhoods just around the city itself.)
West Hollywood single family sales
West Hollywood condo sales
|Sellers Market||Balanced Market||Buyers’ Market|
|Less than 5 months||5 to 7 months||More than 7 months|
Information provided by MLS/CLAW deemed reliable but not guaranteed
West Hollywood real estate has a much lower concentration of single family homes than condos and apartments. Sales were down and there was a slight drop in the median price.
Sales of condos show a healthy increase with a slight rise in the median price.
The West Hollywood real estate market is still heavily in the sellers’ corner.
Previous Market Reports
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