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West Hollywood Condo Report - May 2010

By
Real Estate Agent with COMPASS DRE# 01339266

As at May 31, 2010:

Condos For Sale: 188 units. There were also 188 units For Sale as at 4/30/2010, up form 140 units as at 3/31/2010.

Condos Pending: 29 Units. A month earlier there were only 2 units Pending.

Looking For Back-ups: 44 Units. There were 37 units Looking for Back-ups the month before.

West Hollywood Realtor West Hollywood Realtor

During May 2010:

Number of Units Sold: 20 condos closed escrow, up from only 10 the month before. 

Average Days on the Market: 60.

Median Price: $530,000 (April $517,250)

Average List Price: $576,000 (April $527,000)

Average Selling Price: $553,000 (April $518,000)

Lowest Price Condo Sold: $285,000. The previous month's lowest sale was $300,000..

Highest Price Condo Sold$1,100,000. The previous month's highest sale was $715,000.

Total Sold in Dollars: $11,054,000 (April $5,176,000 - March $13,380,000)

West Hollywood Realtor West Hollywood Realtor

Comments(3)

Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Stewart - Looks like some positive trends in the West Hollywood area. The photos really enhance the report and information.

Jeff

Jun 07, 2010 03:41 PM
COMPASS PALM SPRINGS | Stewart Penn
COMPASS - Palm Springs, CA
COMPASS Palm Springs - Broker Associate

Jeff - Although activity is picking up, I think April was a particularly bad month.

Thanks for the positive comment.

Jun 07, 2010 03:54 PM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Stewart -

Is it my imagination or is your photography getting even better?  You have been cranking out some great local property posts.  Hope they help.

Jun 07, 2010 08:21 PM