Nicole Costas' Market Report

West Hollywood, CA 90069 - West Hollywood

Single-Family Homes

DRE #01049913 | 323-630-6976 |nicole.costas@compass.com



West Hollywood, CA 90069 - West Hollywood

Fri Dec 13 2024
This week the median list price for West Hollywood, CA 90069 - West Hollywood is $5,474,500 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 106. 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

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

West Hollywood, CA 90069 - West Hollywood

Fri Dec 13 2024
This week the median list price for West Hollywood, CA 90069 - West Hollywood is $5,474,500 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 106. 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

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the West Hollywood market.
Median List Price $5,474,500
Median Price of New Listings $2,100,000
Per Square Foot $1,448
Average Days on Market 188
Median Days on Market 95
Price Decreased 36%
Price Increased 1%
Relisted 25%
Inventory 106
Median Rent
Market Action 26
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
$17,747,500 9,486 0.25 - 0.5 acre 5 7 8 0 1 105
$6,475,000 4,587 8,000 - 10,000 sqft 4 5 63 0 0 101
$4,195,000 3,109 6,500 - 8,000 sqft 3 4 66 0 0 98
$2,475,000 2,075 4,500 - 6,500 sqft 3 2.5 70 2 0 84