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 single family homes were up significantly in 2011 over the previous year, and the median price was up. West Hollywood home sellers are in an excellent position if they are thinking of putting their properties on the market.
The West Hollywood condo market is also a good market for sellers. The median price is down somewhat, but so are average days on the market.
Overall, the West Hollywood real estate market remains a healthy one.
See all West Hollywood Homes for Sale.
(all data current as of 7/29/2014)
$549,000 : 1275 HAVENHURST DR, Unit 4, West Hollywood2 beds, 2 full baths
$749,000 : 8787 SHOREHAM DR, Unit 401, West Hollywood1 bed, 1 full bath
$825,000 : 1420 N LAUREL AVE, Unit 201, West Hollywood2 beds, 3 full baths
2 beds, 1 full, 1 part baths
2 beds, 2 full baths
$599,000 : 938 PALM AVE, Unit 203, West Hollywood2 beds, 2 full baths
$849,000 : 930 N DOHENY DR, Unit 415, West Hollywood2 beds, 2 full, 1 part baths
$999,999 : 8121 NORTON AVE, Unit 104, West Hollywood2 beds, 2 full baths
1 bed, 1 full bath
$749,000 : 901 N ORANGE GROVE AVE, West Hollywood2 beds, 1 full bath
$1,100,000 : 962 N DOHENY DR, Unit 404, West Hollywood2 beds, 3 full baths
$499,000 : 7505 HAMPTON AVE, Unit 6, West Hollywood2 beds, 1 full, 1 part baths
$1,795,000 : 1240 N OLIVE DR, West Hollywood3 beds, 1 full, 2 part baths
$3,195,000 : 8741 ROSEWOOD AVE, West Hollywood4 beds, 4 full, 1 part baths
$599,000 : 999 N DOHENY DR, Unit 106, West Hollywood1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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