West Hollywood, CA Real Estate News

By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
West Hollywood is still 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. West Hollywood continues to evolve and is a much sought after area for those who are looking for more of a neighborhood feel.  (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 35 +6 $1,253,260 +16.27 33 $1,445,000 17 West Hollywood condo sales Sold +/- Median % +/- Active Median Pending 102 +15 $619,500 +3.25 82 $699,000 46   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 ...
Comments 5
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
What is the West Hollywood Real Estate  CondominiumMarket like  today? One of my out of country clients who owns a Condominium was inquiring what the Real Estate Market was like today in West Hollywood. My answer was along this line: Before I focus on what I think would be a good starting point to market your condominium, let me mention that the Los Angeles Real Estate Market is on fire. Very similar to the 2004 when the market was at the top. There are a few differences, buyers now have to be totally preapproved, and the lenders do not give money away just with a signature. They check funds, work history, income and they do real appraisals. In addition a few days before closing they double check if the buyer is still working. Now with that said, the consumer confidence came back becaus...
Comments 14
By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
Real Estate Market Update for West Hollywood CA West Hollywood Vicinity real estate market overview (3/1/14 according to TheMLS.com): 🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠 24 houses(sfr) for sale( Avg DOM: 66): Min: $835,000⬆️ Max: $3,195,000 Avg: $1,764,000 Median: $1,693,000. 6 houses are pending in Escrow(Avg DOM:73): Min: $650,000 Max: $1,400,000  Avg: $1,107,000 Median: $1,125,000. Sold( February, Avg DOM: 95): 6 houses: Min: $970,000 Max: $1,216,000 ⬆️ Avg: $1,076,000 Median: $1,055,000. 8 houses are looking for backup. 🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢 70 condos for sale( Avg DOM: 60): Min: $310,000  Max: $2,895,000 Avg: $826,000 Median: $737,000.  21 condos are pending in Escrow(Avg DOM:46): Min: $342,000 Max: $1,675,000  Avg: $619,000 Median: $599,000. Sold( February, Avg DOM: 53): 29 condos: Min:...
Comments 3
By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
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. 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 t...
Comments 6
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Connie & Ted, Best new East Coast Restaurant in West Hollywood, CA 90046 I loved this place! The architectural building is hip and cool, plenty of parking with the Valet service. I was already in a good mood. I have previewed the menu and I was totally sold. Keep in mind I am not a big fan of leaving the Marina. That is Marina Del Rey, CA. Once I am home everything is a project to get me out. Well in this case I was looking forward to the “long commute”J The menu is clearly East Coast Seafood, how could that be bad?  I am also not a big fan of early dinner, but Diane and I decided that we should do the first sitting to see what the restaurant is made of. We were seated inside, keep in mind we made reservations and we had a choice of the outdoor patio with heat lamps or being inside with...
Comments 7
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sundays: Fantastic East Coast Style  Restaurant in West Hollywood, CA! 90046             If you are considering buying or selling a luxury home, an ultra luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.   I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue organizations.     
Comments 16
By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
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. (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 reli...
Comments 6
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Wordless Wednesdays: Welcome to West Hollywood, CA 90046               If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com        I am a Pet Friendly Realtor and I contribute a portion of my commissions to local animal rescue organizations. - See more at: http://activerain.com/blogs/endre#sthash.wtAxKbWE.dpuf        
Comments 12
By Stewart Penn - BRE# 01339266, Stewart Penn - Associate Broker
(Windermere Real Estate - Palm Springs)
West Hollywood Condos - Market Report for July 2013 (June 2013): Total Sold in Dollars: $25,065,000  ($17,462,000) Number of Units Sold: 42 (34) Average Days on the Market: 60 (40) Median Price: $492,500 ($506,000) Average List Price: $601,000 ($515,000) Average Selling Price: $597,000 ($514,000) Lowest Price Condo Sold: $284,000 ($200,000) Highest Price Condo Sold: $1,150,000 ($800,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area.  Now also selling Mid-Century Modern homes in Palm Springs, California - (760) 618-1822  Stewart Penn - (310) 866-1818  Realtor | Broker Information obtained from The MLS is deemed accurate but not guaranteed. Figures rounded for e...
Comments 0
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood Condos - Market Report for July 2013 (June 2013): Total Sold in Dollars: $25,065,000  ($17,462,000) Number of Units Sold: 42 (34) Average Days on the Market: 60 (40) Median Price: $492,500 ($506,000) Average List Price: $601,000 ($515,000) Average Selling Price: $597,000 ($514,000) Lowest Price Condo Sold: $284,000 ($200,000) Highest Price Condo Sold: $1,150,000 ($800,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area.  Now also selling Mid-Century Modern homes in Palm Springs, California - (760) 618-1822  Stewart Penn - (310) 866-1818  Realtor | Broker Information obtained from The MLS is deemed accurate but not guaranteed. Figures rounded for e...
Comments 1
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood Condos - Market Report for June 2013 (versus June 2012): Total Sold in Dollars: $17,462,000 ($16,548,000) Number of Units Sold: 34 (35) Average Days on the Market: 40 (111) Median Price: $506,000 ($394,000) Average List Price: $515,000 ($488,000) Average Selling Price: $514,000 ($473,000) Lowest Price Condo Sold: $200,000 ($209,000) Highest Price Condo Sold: $800,000 ($1,350,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area.  Now also selling Mid-Century Modern homes in Palm Springs, California - (760) 618-1822  Stewart Penn - (310) 866-1818  Realtor | Broker Information obtained from The MLS is deemed accurate but not guaranteed. Figures rounde...
Comments 0
By Stewart Penn - BRE# 01339266, Stewart Penn - Associate Broker
(Windermere Real Estate - Palm Springs)
Empire at Kings - A New Luxury Apartment Building in the Heart Of West Hollywood 1232 N Kings Rd, West Hollywood, CA 90069 There's a brand new luxury apartment building currently under construction at 1232 N Kings Road in West Hollywood. This well planned Green Certified building features Solar Panels, energy-saving LED lights, high efficiency HVAC systems and individual tank-less hot water heaters. The exclusive apartment also building boasts a lavish water fountain in a landscaped courtyard, a sun-filled gym and lounge, a stainless steel pet washing station, secured key fob door entry system for common areas and a dedicated bicycle parking room. The one, two and three bedroom apartments feature high loft-like ceilings, Italian designed cabinets in kitchens and bathrooms, inside washer...
Comments 0
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Empire at Kings - A New Luxury Apartment Building in the Heart Of West Hollywood 1232 N Kings Rd, West Hollywood, CA 90069 There's a brand new luxury apartment building currently under construction at 1232 N Kings Road in West Hollywood. This well planned Green Certified building features Solar Panels, energy-saving LED lights, high efficiency HVAC systems and individual tank-less hot water heaters. The exclusive apartment also building boasts a lavish water fountain in a landscaped courtyard, a sun-filled gym and lounge, a stainless steel pet washing station, secured key fob door entry system for common areas and a dedicated bicycle parking room. The one, two and three bedroom apartments feature high loft-like ceilings, Italian designed cabinets in kitchens and bathrooms, inside washer...
Comments 0
By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
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. Let’s see how the 2nd Quarter of 2013 compares to the 1st Qtr.. (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  +24 $1,118,000 -14% 28 $1,297,000 19 West Hollywood condo sales  Sold +/- Median +/- Active Median Pending 105 +16 $499,000 +0.81% 83 $650,000 61   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 ...
Comments 2
By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
West Hollywood is still 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. Let’s see how the 1st Quarter of 2013 compares to the last one in 2012.   (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 29  +6 $1,300,000 +15.25% 16 $1,234,475 21 West Hollywood condo sales  Sold +/- Median +/- Active Median Pending 89 +7 $495,000 +12.06% 50 $589,500 61   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 guar...
Comments 5
By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
West Hollywood Condominium Market Report February 2013 Month 2 of 2013 is now complete!  Was February just like so many others, or different this year?  Stay tuned for the details! West Hollywood offers a full range of price points, with some entry level condos below 200k and luxury condos well into the $3.5mln price point.  So whether you want an economy condo, or the luxury version, we can help you find the right West Hollywood condo for you! Market Analysis Report ( condos in WeHo) # of listings 3/10/13: Active: 58 Backup: 27 Hold: 5 Pending: 27 Sold( last 30 days): 28 Lowest price sold condo: $258k Highest price sold condo: $890k Highest price active listing: $3,950k Average price: Active= $801k, sold: $560k Avg. Price /Sq.Ft.$: Active= 581, sold: 450  All data is derived from the l...
Comments 0
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood Condos - Market Report for January 2013 (versus January 2012): Total Sold in Dollars: $15,445,000 ($7,700,000) Number of Units Sold: 27 (19) Average Days on the Market: 72 (85) Median Price: $490,000 ($400,000) Average List Price: $584,000 ($419,000) Average Selling Price: $572,000 ($405,000) Lowest Price Condo Sold: $306,000 ($125,000) Highest Price Condo Sold: $1,100,000 ($706,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area. Now also selling Mid-Century Modern homes in Palm Springs, California. Stewart Penn - (310) 844-6515 | (310) 866-1818 Realtor | Broker  - Los Angeles Condo Specialist Penn Properties - "An Independent Real Estate Brokera...
Comments 1
By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
West Hollywood is still 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. How did the West Hollywood real estate market do in 2012?  (The West Hollywood area on the MLS does include neighborhoods just around the city itself.) West Hollywood single family sales Sold +/- 2011 Range Median +/- 2011 Active Range Median Pending 73  -7 $285,000 to $3,200,000 $913,000 +3.16% 16 $550,000 to $4,200,000 $1,436,500 12 West Hollywood condo sales  Sold +/- 2011 Range Median +/- 2011 Active Range Median Pending 353 +24 $125,000 to $6,400,000 $413,000 -8.22% 56 $257,900 to $4,295,000 $780,000 50   Sellers Market Balanced Market Buyers’ M...
Comments 8
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood Condos - Market Report for December 2012 (versus December 2011): Total Sold in Dollars: $16,643,000 ($13,000,000) Number of Units Sold: 27 (29) Average Days on the Market: 66 (76) Median Price: $595,000 ($410,000) Average List Price: $635,000 ($474,000) Average Selling Price: $616,000 ($448,000) Lowest Price Condo Sold: $285,000 ($150,000) Highest Price Condo Sold: $1,087,500 ($900,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area. Now also selling Mid-Century Modern homes in Palm Springs, California. Stewart Penn - (310) 844-6515 | (310) 866-1818 Realtor | Broker  - Los Angeles Condo Specialist Penn Properties - "An Independent Real Estate Brok...
Comments 0
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
You Need a Million Dollars To Buy a Single Family Home in the West Hollywood Vicinity According to the latest statistics released by The CLAW MLS, October 2012's Sales of West Hollywood Single Family Homes had a Median Price of $1,725,000 and and Average Price of $1,838,000. Of the 5 Closed Sales in October 2012, only one was under a Million dollars while the highest sale was $3,540,000. Looking back to 2011 the highest sale was only $1,650,000. Total Sales for October 2012 were $9,120,000 versus $7,700,000 in October 2011. Buyers and Sellers of homes in the West Hollywood Vicinity would be interested to note that in October 2007 (during the height of the market), the highest sale recorded by The MLS was only $1,575,000.      All info obtained from The CLAW MLS is deemed reliable but is...
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