West Hollywood Homes for Sale 3rd Qtr 2013 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, 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

Sold +/- Median +/- Active Median Pending
43 -17 $1,103,250 -1.32% 33 $1,195,000 13

West Hollywood condo sales 

Sold +/- Median +/- Active Median Pending
128 +23 $512,500 +2.70% 95 $679,000 40

 

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

West Hollywood Real Estate 2nd Qtr 2013 in Review
West Hollywood Real Estate 1st Qtr 2013 in Review

West Hollywood Real Estate 2012 in Review

Homes for sale in West Hollywood

 

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