West Hollywood Real Estate 2nd Quarter 2013 in Review

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.

West Hollywood homes for sale 2nd Qtr 2013 in review

Let’s see how the 2nd Quarter of 2013 compares to the 1st Qtr..

(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
43  +24 $1,118,000 -14% 28 $1,297,000 19

West Hollywood condo sales 

Sold +/- Median +/- Active Median Pending
105 +16 $499,000 +0.81% 83 $650,000 61

 

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 up and the median price dropped.  Inventory remains low.

Sales of condos were up as was the median price over the previous quarter.

As with other Los Angeles neighborhoods, inventory is extremely low.

Homes for sale in West Hollywood

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Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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