Your Local Market Report

West Hollywood, CA 90048 - West Hollywood

Single-Family Homes



West Hollywood, CA 90048 - West Hollywood

Mon Nov 19 2018
This week the median list price for West Hollywood, CA 90048 - West Hollywood is $3,397,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 6. Click here to stay informed with the West Hollywood 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

West Hollywood, CA 90048 - West Hollywood

Mon Nov 19 2018
This week the median list price for West Hollywood, CA 90048 - West Hollywood is $3,397,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 6. Click here to stay informed with the West Hollywood 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the West Hollywood market.
Median List Price $3,397,000
Per Square Foot $1,252
Days on Market 105
Price Decreased 33%
Price Increased 0%
Relisted 33%
Inventory 6
Median House Rent $7,498
Most Expensive $5,375,000
Least Expensive $2,599,000
Market Action Index
Slight Seller's Advantage
30

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$5,375,000 4,072 6,500 - 8,000 sqft 4 4 1 0 0 42
$3,750,000 2,800 4,500 - 6,500 sqft 3 3 82 0 0 35
$3,397,000 2,707 4,500 - 6,500 sqft 4 3 57 0 1 35
$2,674,500 2,482 4,500 - 6,500 sqft 4 3 91 0 0 241