Deric Rangell

Los Angeles, CA 90048 - West Hollywood

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90048 - West Hollywood

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90048 - West Hollywood is $2,749,000 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 35. Click here to stay informed with the Los Angeles market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Los Angeles, CA 90048 - West Hollywood

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90048 - West Hollywood is $2,749,000 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 35. Click here to stay informed with the Los Angeles market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,749,000
Per Square Foot $903
Days on Market 82
Price Decreased 37%
Price Increased 3%
Relisted 34%
Inventory 35
Median House Rent $8,200
Most Expensive $4,995,000
Least Expensive $1,399,000
Market Action Index
Slight Seller's Advantage
30

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,997,000 4,462 4,500 - 6,500 sqft 5 5 1 3 0 47
$2,995,000 2,982 6,500 - 8,000 sqft 4 3 91 1 1 167
$2,450,000 2,563 6,500 - 8,000 sqft 3 2 93 1 0 56
$1,899,999 1,831 4,500 - 6,500 sqft 3 3 89 1 0 53