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West Hollywood Homes for Sale. 2014 Market Report

Posted by janepeters on February 4, 2015
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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 2014 market report

Let’s see how the market did in 2014 as compared to 2013. (The West Hollywood area on the MLS does include neighborhoods just around the city itself.)

 

West Hollywood single family sales

Sold +/- 2013 Range Median +/- 2013 Active Median Pending
128 -5 $344,400to $4,410,000 $1,160,000 +1.75% 25 $1,995,000 11

West Hollywood condo sales

Sold +/- 2013 Range Median +/- 2013 Active Median Pending
377 -39 $260,000 to $1,675,000 $610,000 +17.31% 72 $725,000 49

 

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 down slightly over 2013 and there was only a small rise in the median price. Inventory continues to be low.

Sales of condos were down but the median price was up. Inventory is also low.

West Hollywood continues to be a sellers’ market.

Other West Hollywood real estate market reports

Homes for sale in West Hollywood

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

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