Deric Rangell

Los Angeles, CA 90048 - West Hollywood

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90048 - West Hollywood

Wed Jul 17 2019
This week the median list price for Los Angeles, CA 90048 - West Hollywood is $2,499,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has held steady at or around 27. 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Los Angeles, CA 90048 - West Hollywood

Wed Jul 17 2019
This week the median list price for Los Angeles, CA 90048 - West Hollywood is $2,499,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has held steady at or around 27. 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,499,000
Per Square Foot $922
Days on Market 81
Price Decreased 41%
Price Increased 4%
Relisted 26%
Inventory 27
Median House Rent $7,950
Most Expensive $4,995,000
Least Expensive $1,399,000
Market Action Index
Slight Seller's Advantage
32

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$3,890,250 4,200 4,500 - 6,500 sqft 4 4 0 0 0 73
$2,795,000 2,970 6,500 - 8,000 sqft 4 3 91 1 3 141
$2,395,000 2,350 4,500 - 6,500 sqft 3 2 93 1 2 69
$1,550,000 1,688 4,500 - 6,500 sqft 3 1 86 0 0 43