West Hollywood Homes for Sale 3rd Qtr 2014 Market Report

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. West Hollywood continues to evolve and is a much sought after area for those who are looking for more of a neighborhood feel.

(The West Hollywood area on the MLS does include neighborhoods just around the city itself.)

West Hollywood single family sales

Sold +/- Median % +/- Active Median Pending
32 -3 $1,212,500 -3.25 30 $1,748,500 20

West Hollywood condo sales

Sold +/- Median % +/- Active Median Pending
100 -2 $627,500 +1.29 98 $699,450 39

 

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 for the 3rd Qtr remain similar to the previous Qtr but the median price is down slightly after a healthy rise in the previous Qtr

Condo sales basically mirror the 2nd Qtr with the median price continuing up slightly.

West Hollywood remains a sellers’ market.

Homes for sale in West Hollywood

 

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