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 4/18/2014)
$629,000 : 723 WESTMOUNT DR, Unit 203, West Hollywood2 beds, 2 full baths
$579,000 : 999 N DOHENY DR, Unit 711, West Hollywood0 beds, 1 full bath
$689,000 : 950 N KINGS RD, Unit 129, West Hollywood2 beds, 2 full baths
$899,000 : 8850 CYNTHIA ST, West Hollywood2 beds, 2 full baths
$599,000 : 999 N DOHENY DR, Unit 106, West Hollywood1 bed, 1 full bath
$675,000 : 7505 HAMPTON AVE, Unit 17, West Hollywood2 beds, 2 full baths
$617,000 : 141 S CLARK DR, Unit 103, West Hollywood2 beds, 2 full baths
$1,349,000 : 547 N SWEETZER AVE, West Hollywood3 beds, 1 full, 2 part baths
$369,000 : 1255 N HARPER AVE, Unit 12, West Hollywood0 beds, 1 full bath
$793,000 : 1033 Carol Drive, Unit T1, West Hollywood2 beds, 2 full, 1 part baths
$675,000 : 818 N DOHENY DR, Unit 304, West Hollywood1 bed, 1 full bath
$889,000 : 1216 GREENACRE AVE, West Hollywood2 beds, 2 full baths
$649,000 : 1014 N DOHENY DR, Unit 7, West Hollywood1 bed, 1 full, 1 part baths
1 bed, 1 full bath
$2,550,000 : 7534 MULHOLLAND DR, West Hollywood4 beds, 4 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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