Q1 | 2020
Greater Los Angeles
Market Update
MALIBU
MardeAmorEstate.com Offered at $115,000,000
STUDIO CITY HILLS
FrymanCanyonCompound.com Offered at $12,495,000
Greater Los Angles 06 08
Bel-Air | Holmby Hills
10
Beverly Hills
12
Beverly Hills Post Office
14 16 18 20 22 24 26 28 30 32 34 36 38
Market Snapshot
Brentwood Downtown Los Angeles Hancock Park | Wilshire
Los Feliz Malibu
Pacific Palisades Santa Monica
Silver Lake | Echo Park Sunset Strip | Hollywood Hills
Topanga The Valley Venice
West Hollywood
MALIBU
EncinalCyn.com Offered at $7,500,000
HOLMBY HILLS
255LaderaDrive.com Offered at $29,000,000 HOLLYWOOD HILLS
8854ThrasherAve.com Offered at $16,500,000 BRENTWOOD
543Moreno.com Offered at $7,500,000 BEVERLY HILLS
2700Hutton.com Offered at $5,495,000
GREATER LOS ANGELES BROKERAGES
Beverly Hills | Brentwood | Los Feliz | Malibu | Pacific Palisades Santa Monica - Venice | Sunset Strip
sothebyshomes.com/socal All data within this document is pulled from the Los Angeles CLAW MLS (From Malibu to Downtown Los Angeles). Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. Statistics based on Sotheby’s International Realty, Inc. 2018 sales. Sotheby’s International Realty DRE License Number: 899496.
Market Snapshot
Q1 2020 | Greater Los Angeles
MARKET SHARE BY VOL. Less than $1M
Greater LA & East Side $3,000,000
1,400
$2,500,000
1,200 1,000
$2,000,000
Greater than $5M
800
$1,500,000
600 $1,000,000
$1M - $5M
400
$500,000
200 0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Sales Volume by Price Category
7% 35 % 58 %
Median Price
Q1 2020 ASP
Median Selling Price vs. Average Selling Price vs. Total Units Sold
Under $1 Million
Average Selling Price
Over $5 Million
Median Sale Price
$1 Million to $5 Million
Total Units Sold
Los Angeles Q1 Market Update / Q1 Highlights / 6
Q1 2019
Comparison by Neighborhood Q1 | Greater Los Angeles
GREATER LA: Q1 2020 Median Price $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 EAST SIDE MARKETS (TOTAL)
Downtown L.A.*
Westwood - Century City *
West Hollywood
Venice
Valley Village
Topanga
Sunset Strip - Hollywood Hills West
Studio City
Silver Lake - Echo Park
Sherman Oaks
Santa Monica
Pacific Palisades
Malibu
Los Feliz
Hancock Park - Wilshire
Glendale
Burbank
Brentwood
Beverly Hills Post Office
Beverly Hills
Bel Air - Holmby Hills
Median Selling Price
2.1m $ 7.0m $ 4.4m $ 4.3m $ 0.7m $
Bel-Air | Holmby Hills Beverly Hills Beverly Hills Post Office Brentwood Downtown Los Angeles *
1.9m $ 2.0m $ 4.1m $ 4.1m $ 2.9m $
Hancock Park / Wilshire Los Feliz Malibu Pacific Palisades
1.3m $ 3.6m $ 2.3m $ 2.2m $
Silver Lake | Echo Park Sunset Strip | Hollywood Hills Venice West Hollywood
Santa Monica
* Downtown Los Angeles and Westwood - Century City figures represent condo sales.
at a glance {Q1 | 2020}
bel-air | holmby hills
30
%
Change in Median Selling Price {2020 vs 2019}
92 Average Days on Market
26 Units Sold
2.1m
$
Median Selling Price
35
$6,000,000
30
$5,000,000
25
$4,000,000
20 $3,000,000 15 $2,000,000
10
$1,000,000
5 0
$0 Q1 2016
Q1 2017
Q1 2018
Q1 2019
Total Sol d Properties
Total Units Sold
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Bel-Air & Holmby Hills Bel-Air’s stately gates off Sunset Boulevard lead down winding streets lined with lavish homes with lush vegetation. Popular with celebrities and entertainment industry elite, the neighborhood is home to the landmark Hotel Bel-Air, and offers a rare kind of seclusion in a non-stop city. sothebyshomes.com/belair
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
30%
-
10%
9.0%
2020
$2,137,500
-3.8%
26
92
2019
$1,650,000
-3.2%
25
84
2018
$2,305,000
-4.4%
31
106
2017
$2,109,000
-4.1%
33
78
2016
$2,196,000
-3.7%
24
101
/
9 Bel Air | Holmby Hills
/ Los Angeles Q1 Market Update
45
$9,000,000
40
$8,000,000
35
$7,000,000
30
$6,000,000
25
$5,000,000
20
$4,000,000
15
$3,000,000
10
$2,000,000
5
$1,000,000 $0
0 Q1 2016
Q1 2017
Q1 2018
Q1 2019
Total Sol d Properties
Total Units Sold
Median Price
Median Sales Price
Q1 2020 ASP
Average Selling Price
About
Beverly Hills Whether you are an art aficionado or feel the lure of the unparalleled shopping of Rodeo Drive, Beverly Hills is known worldwide as a premier destination for luxury. sothebyshomes.com/beverlyhills
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
-8.0%
-
64%
8.0%
2020
$6,250,000
-5.2%
41
83
2019
$6,820,000
-5.9%
25
77
2018
$6,602,500
-3.6%
32
81
2017
$5,362,500
-5.6%
34
110
2016
$4,270,000
-0.8%
40
72
Los Angeles Q1 Market Update / Beverly Hills / 10
at a glance {Q1 | 2020}
beverly hills
-8
%
Change in Median Selling Price {2020 vs 2019}
83 Average Days on Market
41 Units Sold
6.3m
$
Median Selling Price
at a glance {Q1 | 2020}
beverly hills post office
-10
%
Change in Median Selling Price {2020 vs 2019}
85 Average Days on Market
44 Units Sold
2.8m
$
Median Selling Price
50
$5,000,000
45
$4,500,000
40
$4,000,000
35
$3,500,000
30
$3,000,000
25
$2,500,000
20
$2,000,000
15
$1,500,000
10
$1,000,000 $500,000
5
$0
0 Q1 2016
Q1 2017
Q1 2018
Q1 2019
Total Sol d Properties
Total Units Sold
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Beverly Hills Post Office Beverly Hills Post Office is home to grand estates, mansions, as well as some of the most celebrated gated communities. The hillside location offers incredible views of the Los Angeles basin, Pacific Ocean, and Catalina Island. sothebyshomes.com/bhpo
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
-10%
-
132%
-3.0%
2020
$2,831,133
-4.8%
44
85
2019
$3,136,820
-6.0%
19
88
2018
$2,407,000
-3.3%
33
93
2017
$2,655,000
-5.0%
20
69
2016
$2,445,000
-5.2%
25
85
/
13 Beverly Hills Post Office
/ Los Angeles Q1 Market Update
60
$6,000,000
50
$5,000,000
40
$4,000,000
30
$3,000,000
20
$2,000,000
10
$1,000,000 $0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Brentwood Brentwood is known for its palatial estates and laid-back California elegance. It’s the perfect enclave for dining at Katsu-ya or biking down San Vicente to the ocean. Perched on a hill above this chic neighborhood, take in the architecture and art on display at the Getty Center. sothebyshomes.com/brentwood
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
-2.0%
-
-13%
26%
2020
$3,079,500
-4.2%
42
83
2019
$3,142,500
-4.2%
48
66
2018
$3,205,000
-2.6%
57
80
2017
$4,230,000
-3.2%
43
74
2016
$2,559,100
0.5%
42
85
Los Angeles Q1 Market Update / Brentwood / 14
at a glance {Q1 | 2020}
brentwood
-2
%
Change in Median Selling Price {2020 vs 2019}
83 Average Days on Market
42 Units Sold
3.0m
$
Median Selling Price
at a glance {Q1 | 2020}
downtown los angeles Condominium Units Only
-3
%
Change in Median Selling Price {2020 vs 2019}
66 Average Days on Market
117 Units Sold
585k
$
Median Selling Price
$900,000
140
$800,000
120
$700,000
100
$600,000 $500,000
80
$400,000
60
$300,000
40
$200,000
20
$100,000
0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Median Price
Median Sales Price
Q1 2020 ASP
Average Selling Price
About
Downtown Los Angeles Downtown L.A. offers urban living at its finest, and is the heart of L.A.’s art boom which has put the city on the world stage of contemporary art. Gleaming new landmark lofts, a central business district, and popular revolving art attract thousands of new residents to every year. All Downtown Los Angeles figures represent condo sales. sothebyshomes.com/dtla
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
-3.0%
-
50%
-13%
2020
$585,000
-2.0%
117
66
2019
$605,000
-2.2%
78
76
2018
$612,500
-1.6%
108
69
2017
$607,750
-1.1%
96
67
2016
$600,000
-2.0%
63
83
/
17 Downtown Los Angeles
/ Los Angeles Q1 Market Update
70
$3,000,000
60
$2,500,000
50
$2,000,000
40 $1,500,000 30 $1,000,000
20
$500,000
10 0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Hancock Park/Wilshire Centrally located and surrounded by the Wilshire Country Club, Hancock Park boasts some of the best classical Los Angeles architecture, making it one of the most desirable areas in all of Southern California. sothebyshomes.com/hancockpark
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
-4.0%
-
-8.0%
-9.0%
2020
$1,605,000
-1.2%
45
47
2019
$1,665,000
-1.2%
49
52
2018
$1,790,000
-0.2%
45
63
2017
$1,700,000
-1.5%
58
82
2016
$1,471,337
-1.2%
55
69
Los Angeles Q1 Market Update / Hancock Park | Wilshire/ 18
at a glance {Q1 | 2020}
hancock park/wilshire
-4
%
Change in Median Selling Price {2020 vs 2019}
47 Average Days on Market
45 Units Sold
1.6m
$
Median Selling Price
at a glance {Q1 | 2020}
los feliz
7
%
Change in Median Selling Price {2020 vs 2019}
45 Average Days on Market
39 Units Sold
1.8m
$
Median Selling Price
60
$2,500,000
50
$2,000,000
40
$1,500,000
30 $1,000,000 20 $500,000
10
$0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Los Feliz Los Feliz is a creative neighborhood with an independent vibe all its own. This historic neighborhood is steeped in architectural history, boasting homes designed by Richard Neutra, John Lautner, and Frank Lloyd Wright. sothebyshomes.com/losfeliz
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
7.0%
-
15%
-23%
2020
$1,825,233
4.6%
39
45
2019
$1,710,000
-0.8%
34
58
2018
$1,725,000
1.8%
45
56
2017
$1,288,000
-3.2%
35
90
2016
$1,500,000
-1.7%
55
72
/
21 Los Feliz
/ Los Angeles Q1 Market Update
$5,000,000
60
$4,500,000
50
$4,000,000 $3,500,000
40
$3,000,000 $2,500,000
30
$2,000,000 20
$1,500,000 $1,000,000
10
$500,000 $0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Malibu With nearly 27 miles of gorgeous coastline covered in pristine beaches, Malibu is one of the most storied oceanfront communities on the West Coast. The area offers long strands of private beaches, world-class surfing at Zuma and El Matador, and front-row seats to unforgettable sunsets. Malibu is both classic California and understated/rustic elegance. sothebyshomes.com/malibu
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
-22%
-
42%
8.0%
2020
$2,752,500
-6.4%
34
109
2019
$3,545,000
-3.5%
24
101
2018
$2,862,500
-7.3%
50
134
2017
$2,936,500
-7.4%
50
141
2016
$2,860,000
-5.8%
52
117
Los Angeles Q1 Market Update / Malibu / 22
at a glance {Q1 | 2020}
malibu
-22
%
Change in Median Selling Price {2020 vs 2019}
109 Average Days on Market
34 Units Sold
2.8m
$
Median Selling Price
at a glance {Q1 | 2020}
pacific palisades
7
%
Change in Median Selling Price {2020 vs 2019}
69 Average Days on Market
40 Units Sold
3.3m
$
Median Selling Price
$4,500,000
60
$4,000,000
50
$3,500,000 $3,000,000
40
$2,500,000
30
$2,000,000 $1,500,000
20
$1,000,000
10
$500,000 $0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
ASP
Median Sales Price
Average Selling Price
About
Pacific Palisades More a retreat than an urban neighborhood, the Palisades sits against a stunning backdrop with views of the Santa Monica mountains, the Pacific Coast, and several canyons that run between them. The Palisades are a green oasis within Los Angeles. sothebyshomes.com/pacificpalisades
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
7.0%
-
21%
9.0%
2020
$3,291,250
-1.3%
40
69
2019
$3,080,000
-2.1%
33
63
2018
$3,285,344
-1.5%
46
51
2017
$2,895,000
-3.3%
57
78
2016
$2,724,000
-1.6%
57
65
/
25 Pacific Palisades
/ Los Angeles Q1 Market Update
70
$3,500,000
60
$3,000,000
50
$2,500,000
40
$2,000,000
30
$1,500,000
20
$1,000,000
10
$500,000
0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Santa Monica L.A.’s premier beach destination, Santa Monica blends urban energy, beach town atmosphere, and world-class oceanfront hotels like Shutters and Casa Del Mar, whose back yard is the glorious Pacific Ocean. sothebyshomes.com/santamonica
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
9.0%
-
41%
-5.0%
2020
$2,410,000
-1.1%
55
64
2019
$2,213,000
-1.5%
39
67
2018
$2,590,000
-1.4%
37
43
2017
$2,100,000
1.3%
63
59
2016
$2,995,000
-1.2%
48
53
Los Angeles Q1 Market Update / Santa Monica / 26
at a glance {Q1 | 2020}
santa monica
9
%
Change in Median Selling Price {2020 vs 2019}
64 Average Days on Market
55 Units Sold
2.4m
$
Median Selling Price
at a glance {Q1 | 2020}
silver lake / echo park
33
%
Change in Median Selling Price {2020 vs 2019}
53 Average Days on Market
71 Units Sold
1.3m
$
Median Selling Price
100
$1,400,000
90
$1,200,000
80
$1,000,000
70 60
$800,000
50 40
$600,000
30
$400,000
20
$200,000
10
$0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019 Median Price
Median Sales Price
Q1 2020 ASP
Average Selling Price
About
Silver Lake/Echo Park Rock ‘n’ roll attitudes contrast the refined and modern homes of Silver Lake. This hilly neighborhood is one of L.A.’s most walkable areas and is home of its namesake reservoir and cutting-edge music scene. sothebyshomes.com/silverlake
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
33%
-
15%
-4%
2020
$1,272,667
2.1%
71
53
2019
$957,500
1.7%
62
55
2018
$902,500
6.0%
80
56
2017
$965,000
1.7%
65
59
2016
$955,000
3.2%
86
62
/
29 Silver Lake | Echo Park
/ Los Angeles Q1 Market Update
120
$4,000,000 $3,500,000
100
$3,000,000 80
$2,500,000
60
$2,000,000 $1,500,000
40
$1,000,000 20
$500,000 $0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Sunset Strip/Hollywood Hills Hollywood’s fame is rooted in its cultural identity, peerless entertainment industry, and historical significance as the origin of American cinema. Get a perfect martini at Musso & Frank’s, which has been serving drinks since 1919 to the likes of Charlie Chaplin and William Faulkner, and then stroll down to the Roosevelt Hotel for a nightcap. sothebyshomes.com/sunsetstrip
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
6.0%
-
22%
-27%
2020
$2,187,500
-4.2%
90
82
2019
$2,058,500
-3.4%
74
65
2018
$1,850,000
-0.6%
93
65
2017
$1,677,777
-0.5%
113
79
2016
$1,745,000
-2.0%
111
87
Los Angeles Q1 Market Update / Sunset Strip | Hollywood Hills / 30
at a glance {Q1 | 2020}
sunset strip / hollywood hills
6
%
Change in Median Selling Price {2020 vs 2019}
82 Average Days on Market
90 Units Sold
2.2m
$
Median Selling Price
at a glance {Q1 | 2020}
TOPANGA
23
%
Change in Median Selling Price {2020 vs 2019}
60 Average Days on Market
23 Units Sold
1.4m
$
Median Selling Price
$1,800,000
25
$1,600,000 20
$1,400,000 $1,200,000
15
$1,000,000 $800,000
10
$600,000 $400,000
5
$200,000 0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Topanga Known as a bohemian enclave attracting artists, musicians, filmmakers, and others, Topanga also boasts the beautiful, natural surroundings of the Santa Monica mountains. sothebyshomes.com/topanga
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
23%
-
15%
52%
2020
$1,399,000
0.6%
23
60
2019
$1,140,000
-0.6%
20
40
2018
$1,083,000
-2.3%
21
66
2017
$1,190,000
-2.1%
19
94
2016
$875,500
-2.5%
20
105
/
33 Silver Lake | Echo Park
/ Los Angeles Q1 Market Update
{Q1 | 2020}
the valley
Neighborhood Highlights Burbank
0
%
140
$1,200,000
120
$1,000,000
100
$800,000
80 $600,000 60 $400,000
40
$200,000
20 0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019 Median Price
Median Sales Price
Q1 2020 ASP
Average Selling Price
Change in median sales price {2020 vs 2019}
39 97
Average DOM
Properties Sold
$908k
Median Selling Price
Studio City
20
%
90
$2,500,000
80 $2,000,000
70 60
$1,500,000
50 40
$1,000,000
30 20
$500,000
10 $0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019 Median Price
Median Sales Price
Q1 2020 ASP
Average Selling Price
Change in median sales price {2020 vs 2019}
49 57
Average DOM
Properties Sold
$1.9m
Median Selling Price
Sherman Oaks
9
%
160
$1,800,000
140
$1,600,000 $1,400,000
120
$1,200,000
100
$1,000,000
80
$800,000
60
$600,000
40
$400,000
20
$200,000
0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019 Median Price
Median Sales Price
Q1 2020 ASP
Average Selling Price
Change in median sales price {2020 vs 2019}
53 111
Average DOM
Properties Sold
$1.3m
Median Selling Price
Valley Village
21
%
50
$1,600,000
45
$1,400,000
40
$1,200,000
35 30
$1,000,000
25
$800,000
20
$600,000
15
$400,000
10
$200,000
5
$0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019 Median Price
Median Sales Price
Q1 2020 ASP
Average Selling Price
Change in median sales price {2020 vs 2019}
61 43
Average DOM
Properties Sold
$1.1m
Median Selling Price
/
35 The Valley
/ Los Angeles Q1 Market Update
$3,000,000
50 45
$2,500,000
40 35
$2,000,000
30
$1,500,000
25 20
$1,000,000
15 10
$500,000
5 $0
0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
Median Sales Price
ASP
Average Selling Price
About
Venice Welcome to the heart of Silicon Beach. Admire the street art and commissioned murals in old Venice, alongside a new community of creative entrepreneurs, startups, and venture capitalists. Stroll through Abbot Kinney, the “coolest block in America.� Explore the historic Venice Canals, a tranquil and hidden gem, and finish the evening with dinner at Gjelina. sothebyshomes.com/venice
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
0.0%
-
14%
-5.0%
2020
$2,140,000
-2.1%
42
60
2019
$2,150,000
-2.4%
37
63
2018
$2,000,000
-1.3%
42
71
2017
$1,675,000
-0.6%
47
54
2016
$1,900,000
-1.1%
43
57
Los Angeles Q1 Market Update / Venice / 34
at a glance {Q1 | 2020}
venice
0
%
Change in Median Selling Price {2020 vs 2019}
60 Average Days on Market
42 Units Sold
2.1m
$
Median Selling Price
at a glance {Q1 | 2020}
west hollywood
-5
%
Change in Median Selling Price {2020 vs 2019}
41 Average Days on Market
25 Units Sold
1.8m
$
Median Selling Price
35
$2,500,000
30
$2,000,000
25 $1,500,000
20 15
$1,000,000
10 $500,000
5 0
$0 Q1 2016
Q1 2017
Q1 2018
Total Sol d Properties
Total Units Sold
Q1 2019
Q1 2020
Median Price
ASP
Median Sales Price
Average Selling Price
About
West Hollywood West Hollywood is a thriving, diverse community on the leading edge of culture, entertainment, and design. “WeHo” is home to the Pacific Design Center and ground zero for Los Angeles’s thriving Interior Design and Architectural community. sothebyshomes.com/westhollywood
Q1
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2020 vs 2019}
Change
-5.0%
-
19%
-15%
2020
$1,800,000
-1.1%
25
41
2019
$1,900,000
-1.6%
21
48
2018
$1,975,000
0.0%
29
53
2017
$1,480,000
-2.3%
25
74
2016
$1,585,000
-1.4%
31
56
/
39 West Hollywood
/ Los Angeles Q1 Market Update
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