West Hollywood, CA Housing Market & Real Estate

Buyer's market-29.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in West Hollywood, CA is $987,750, down 29.1% year-over-year. Homes sell in an average of 45 days with 223 active listings. The market is currently a buyer's market.

$987,750median sale price

Homes sold

24

Last 12 weeks

Days on market

45

Average pace

Active listings

223

9.3 months supply

Sale-to-list

98.1%

Below asking

West Hollywood, CA market data

Current housing market statistics for West Hollywood, CA
MetricValue
Median sale price$987,750
Median list price$1.37M
Year-over-year price change-29.1%
Average days on market45 days
Active inventory223 listings
Months of supply9.3 months
Sale-to-list price ratio98.1%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The West Hollywood housing market is currently classified as a buyer's market with a median sale price of $987,750. Prices have fallen 29.1% compared to last year, with homes spending an average of 45 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in West Hollywood

There are currently 223 homes listed for sale in West Hollywood, California. The median listing price is $1.4M.

Active listings

223

Homes on market

Median list price

$1.4M

Avg. days on market

45

Days until sale

New this week

78

Newly listed

Price drops:19.7%of listings
Sale-to-list:98.1%

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Frequently asked questions

What is the average home price in West Hollywood?

The median home sale price in West Hollywood is $987,750, down 29.1% from last year.

How long do homes stay on market in West Hollywood?

Homes typically spend 45 days on market before going under contract.

Is West Hollywood a buyer's or seller's market?

With 9.3 months of supply, West Hollywood is currently a buyer's market.

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