Justin Tye

West Hollywood, CA

Single-Family Homes

Active Realty I REAL



West Hollywood, CA

Thu Jun 20 2024
This week the median list price for West Hollywood, CA is $4,949,500 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 124. 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 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

Thu Jun 20 2024
This week the median list price for West Hollywood, CA is $4,949,500 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 124. 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 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 $4,949,500
Median Price of New Listings $3,547,500
Per Square Foot $1,477
Average Days on Market 202
Median Days on Market 84
Price Decreased 37%
Price Increased 2%
Relisted 15%
Inventory 124
Median Rent
Market Action 28
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$13,995,000 7,359 0.25 - 0.5 acre 5 7 17 0 1 147
$5,999,999 4,667 8,000 - 10,000 sqft 4 5 61 4 1 84
$3,875,000 2,900 6,500 - 8,000 sqft 3 4 64 6 4 77
$2,495,000 1,980 4,500 - 6,500 sqft 3 3 80 4 3 70