I was pleasantly surprised to review the December 2008 statistics for the West Hollywood Condo Market.

Specifically, I compared December 2008 to 2007 and 2006. Obviously, a single month does not signal a definitive trend, but it was good to see the market holding steady.

WEST HOLLYWOOD CONDOS: December 2008 / December 2007/ December 2006 

Average Selling Price: $700,000 / $812,000 / $615,000

Average List Price:  $744,000 / $847,000 / $632,000

Median Price: $650,000 / $568,000 / $510,000

Total Sold in Dollars: $17,500,000 / $16,200,000 / $16,600,000

Number of Listings Sold: 25 / 20 / 27

Lowest Price Condo Sold: $319,000 / $350,000 / $381,000

Highest Price Condo Sold: $1,100,000 / $2,250,000 / $1,300,000

(Statistics extracted from The CLAW MLS and rounded off for ease of comparison)