West Hollywood Real Estate Market Report from September to October 2015
West Hollywood(Sometimes referred to as WeHo) is a thriving, diverse community on the leading edge of culture, entertainment, and design - and is home to the internationally renowned Pacific Design Center. Minutes away is the Hollywood Bowl, Walk of Fame, The Greek Theatre, The Getty Center, and Dodger Stadium. Click here to view Homes for Sale in West Hollywood
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NOVEMBER 2015 MARKET OVERVIEW
In West Hollywood Vicinity there were 28 condominium sales in November 2015, down from 30 in November 2014 and a 24% decrease from the 37 sales closed last month. The average list price for condo sales in November 2015 was $893,221 compared to $671,758 for November 2014, representing a 33% increase. For the three-month period from September to November 2015, the average list price was 14% higher than the same period of the prior year. Average sales price for November 2015 was $870,677, compared to that of September through November 2015, which was $733,684. These results indicate that the sale price is trending up. Comparing November 2015 to October 2015, West Hollywood Vicinity saw a 41% increase in average sale price, and a 32% increase compared to same month of the prior year.
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