West Hollywood Real Estate Market 2013 in Review

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 to live.

West Hollywood real estate market report 2013

How were sales of homes in the West Hollywood area in 2013? (The West Hollywood area on the MLS does include neighborhoods just around the city itself.) Other West Hollywood real estate market reports West Hollywood single family sales

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
133 +60 $400,000 to $4,000,000 $1,140,000 +25.91% 28 $1,487,000 10

West Hollywood condo sales

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
416 +63 $200,000 to $3,200,000 $520,000 +25.90% 77 $650,000 45

 

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

West Hollywood real estate has a much lower concentration of single family homes than condos and apartments. Sales were up significantly over 2012 as was the median price. Inventory continues to be low. Sales of condos were way up as was the median price. Inventory is also low. As with other Los Angeles neighborhoods, West Hollywood is a sellers' market

Homes for sale in West Hollywood

 

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Topic:
Real Estate Market Trends
Location:
California Los Angeles County West Hollywood
Groups:
Market Reports
Tags:
market report
west hollywood real estate
west hollywood homes for sale

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Rainmaker
724,201
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Jane-West Hollywood has quite a range in home prices-$400K to $4M. Something for everyone.

Jan 26, 2014 05:20 AM #1
Rainmaker
456,336
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Those looking to purchase a condo in the West Hollywood real estate market need to call L.A. Realtor Jane Peters. Again, another great market report!

Jan 26, 2014 06:45 AM #2
Ambassador
854,219
Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

Wow..I just love the LA Real Estate reports you put out Jane.  The price ranges are fabulous :)!  Here in San Antonio if I put a $400,000 home next to a $4 Million dollar one, eyebrows would raise :)!  

Those looking for homes for sale in the West Hollywood area or anywhere in LA need to call Jane Peters today!!

Jan 26, 2014 07:57 AM #3
Rainmaker
1,166,434
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Wayne, and, for the most part, still affordable.

Shannon, thank you very much.

Brenda, it is a different world out hear.  And thank you.

 

Jan 26, 2014 09:07 AM #4
Rainmaker
526,225
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Jane: Sounds like there is a home for everyone's price range just like here. "Location" comes into it big time.

Jan 26, 2014 01:16 PM #5
Rainmaker
1,166,434
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Hella, it does indeed.  And West Hollywood is a great one.

Jan 27, 2014 05:11 AM #6
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Rainmaker
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Jane Peters

Los Angeles real estate concierge services
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