Your Local Market Report

Los Angeles, CA 90046 - West Hollywood

Single-Family Homes



Los Angeles, CA 90046 - West Hollywood

Mon May 20 2019
This week the median list price for Los Angeles, CA 90046 - West Hollywood is $2,220,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 120. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Los Angeles, CA 90046 - West Hollywood

Mon May 20 2019
This week the median list price for Los Angeles, CA 90046 - West Hollywood is $2,220,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 120. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,220,000
Per Square Foot $894
Days on Market 112
Price Decreased 40%
Price Increased 2%
Relisted 20%
Inventory 120
Median House Rent
Most Expensive $11,499,000
Least Expensive $17,000
Market Action Index
Slight Seller's Advantage
31

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. 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
$4,325,000 5,003 0.25 - 0.5 acre 5 4 42 1 3 178
$2,769,000 2,918 8,000 - 10,000 sqft 3 2 56 2 2 118
$1,898,000 2,355 6,500 - 8,000 sqft 3 2 61 1 3 88
$1,299,500 1,426 4,500 - 6,500 sqft 3 1 61 6 2 63