Market Report

West Hollywood, CA 90069 - West Hollywood

Single-Family Homes

Chartwell Escrow | 310.740.1708



West Hollywood, CA 90069 - West Hollywood

Tue Oct 20 2020
This week the median list price for West Hollywood, CA 90069 - West Hollywood is $3,899,500 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 156. Click here to stay informed with the West Hollywood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

West Hollywood, CA 90069 - West Hollywood

Tue Oct 20 2020
This week the median list price for West Hollywood, CA 90069 - West Hollywood is $3,899,500 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 156. Click here to stay informed with the West Hollywood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Real-Time Market Profile

Never miss important changes in the West Hollywood market.
Median List Price $3,899,500
Per Square Foot $1,281
Days on Market 191
Price Decreased 36%
Price Increased 3%
Relisted 19%
Inventory 156
Median Rent $11,988
Most Expensive $62,000,000
Least Expensive $850,000
Market Action 24
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$11,500,000 6,580 0.25 - 0.5 acre 5 6 16 0 1 228
$5,895,000 4,188 8,000 - 10,000 sqft 4 5 58 0 3 181
$3,400,000 2,896 6,500 - 8,000 sqft 3 4 68 3 3 149
$2,199,000 2,025 4,500 - 6,500 sqft 3 3 63 4 4 206