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West Hollywood Homes for Sale 3rd Qtr 2013 Market Trend

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

West Hollywood is one of the more affordable communities in Los Angeles.  An incorporated city with a high Walk Score, West Hollywood has great dining, stores, galleries, and nightlife, and is a much sought-after neighborhood  in which to live.

How is the real estate market doing.  Let’s compare the 3rd Qtr 2013 with the 2nd Qtr.

West Hollywood homes for sale 3rd Qtr 2013 market report

(The West Hollywood area on the MLS does include neighborhoods just around the city itself.)

West Hollywood single family sales

Sold +/- Median +/- Active Median Pending
43 -17 $1,103,250 -1.32% 33 $1,195,000 13

West Hollywood condo sales 

Sold +/- Median +/- Active Median Pending
128 +23 $512,500 +2.70% 95 $679,000 40

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

Information provided by MLS/CLAW deemed reliable but not guaranteed

West Hollywood real estate has a much lower concentration of single family homes than condos and apartments. Sales were down and there was a slight drop in the median price.

Sales of condos show a healthy increase with a slight rise in the median price.

The West Hollywood real estate market is still heavily in the sellers’ corner.

Previous Market Reports

West Hollywood Real Estate 2nd Qtr 2013 in Review
West Hollywood Real Estate 1st Qtr 2013 in Review

West Hollywood Real Estate 2012 in Review

Homes for sale in West Hollywood

 

 

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Comments(6)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Jane  Another great market report by the West Hollywood Market Expert

Oct 30, 2013 04:35 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

If you want to find a real estate agent with her finger on the pulse of West Hollywood, you should check Jane Peters.

Oct 30, 2013 05:29 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Hannah,  thank you.

Wayne,  thank you too.

Oct 30, 2013 06:44 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - Another great real estate market update for West Hollywood homes.

Oct 30, 2013 07:54 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Anyone looking to buy a West Hollywood Home for Sale is wise to call L.A. Real Estate agent Jane Peters! Always on top of the market!

Oct 30, 2013 07:57 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Michelle,  thank you.

Shannon,  thank you kindly.

Oct 30, 2013 09:09 AM