Market Report

West Hollywood, CA 90069 - West Hollywood

Single-Family Homes

Chartwell Escrow



West Hollywood, CA 90069 - West Hollywood

Sat Mar 02 2024
This week the median list price for West Hollywood, CA 90069 - West Hollywood is $5,795,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 89. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

West Hollywood, CA 90069 - West Hollywood

Sat Mar 02 2024
This week the median list price for West Hollywood, CA 90069 - West Hollywood is $5,795,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 89. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the West Hollywood market.
Median List Price $5,795,000
Median Price of New Listings $5,795,000
Per Square Foot $1,498
Average Days on Market 254
Median Days on Market 154
Price Decreased 29%
Price Increased 0%
Relisted 20%
Inventory 89
Median Rent
Market Action 28
Slight Buyer's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$13,825,000 7,308 0.25 - 0.5 acre 5 7 9 1 2 196
$6,942,500 4,856 0.25 - 0.5 acre 4 5 63 1 1 122
$4,497,500 3,106 8,000 - 10,000 sqft 3 4 64 2 1 168
$3,100,000 2,365 4,500 - 6,500 sqft 3 4 66 1 2 140