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West Hollywood Homes for Sale 2013 in Review

Posted by janepeters on January 25, 2014
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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 to live.

West Hollywood homes for sale 2nd Qtr 2013 in review

How were sales of homes in the West Hollywood area in 2013? (The West Hollywood area on the MLS does include neighborhoods just around the city itself.)

Other West Hollywood real estate market reports

West Hollywood single family sales

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
133 +60 $400,000 to $4,000,000 $1,140,000 +25.91% 28 $1,487,000 10

West Hollywood condo sales

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
416 +63 $200,000 to $3,200,000 $520,000 +25.90% 77 $650,000 45

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

West Hollywood real estate has a much lower concentration of single family homes than condos and apartments. Sales were up significantly over 2012 as was the median price. Inventory continues to be low.

Sales of condos were way up as was the median price. Inventory is also low.

As with other Los Angeles neighborhoods, West Hollywood is a sellers’ market

Homes for sale in West Hollywood

[idx-listings linkid=”168513″ count=”15″ showlargerphotos=”true”]
 

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