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West Hollywood, CA 90048 - West Hollywood

Single-Family Homes


West Hollywood, CA 90048 - West Hollywood

Fri Apr 26 2024
This week the median list price for West Hollywood, CA 90048 - West Hollywood is $4,099,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 7. 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

West Hollywood, CA 90048 - West Hollywood

Fri Apr 26 2024
This week the median list price for West Hollywood, CA 90048 - West Hollywood is $4,099,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 7. 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the West Hollywood market.
Median List Price $4,099,000
Median Price of New Listings $0
Per Square Foot $1,664
Average Days on Market 90
Median Days on Market 21
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$5,750,000 2,876 0 - 4,500 sqft 4 5 NaN 0 0 21
$4,522,500 2,605 4,500 - 6,500 sqft 3 4 9 0 0 21
$3,749,500 2,241 4,500 - 6,500 sqft 3 3.5 18 0 0 14
$2,635,000 1,828 0 - 4,500 sqft 2 3 49 0 0 269