Your Local Market Report

Los Angeles, CA 90046 - West Hollywood

Single-Family Homes



Los Angeles, CA 90046 - West Hollywood

Mon Nov 19 2018
This week the median list price for Los Angeles, CA 90046 - West Hollywood is $2,499,950 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 126. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Los Angeles, CA 90046 - West Hollywood

Mon Nov 19 2018
This week the median list price for Los Angeles, CA 90046 - West Hollywood is $2,499,950 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 126. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,499,950
Per Square Foot $912
Days on Market 118
Price Decreased 41%
Price Increased 2%
Relisted 19%
Inventory 126
Median House Rent
Most Expensive $11,999,000
Least Expensive $575,000
Market Action Index
Slight Seller's Advantage
30

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$4,888,000 4,710 0.25 - 0.5 acre 5 4 35 0 2 128
$2,995,000 3,425 0.25 - 0.5 acre 4 3 49 1 3 148
$1,996,000 2,599 8,000 - 10,000 sqft 3 2 57 0 2 118
$1,168,500 1,334 4,500 - 6,500 sqft 2 1 78 2 2 82