Q4 | 2019
Greater Los Angeles
Market Update
BEVERLY HILLS
255LaderaDrive.com Offered at $33,000,000
BEVERLY HILLS
9455ReadcrestDrive.com Offered at $13,610,000
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
BEVERLY HILLS POST OFFICE
44BeverlyParkCircle.com Offered at $30,000,000
HOLLYWOOD HILLS WEST
1460 Amalfi Drive Offered at $16,250,000 MALIBU
28022SeaLane.com Offered at $11,750,000 PACIFIC PALISADES
1090 Ravoli Drive Offered at $6,995,000 HOLLYWOOD HILLS
TwentyOneHundredVine.com Offered at $5,995,000
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
Q4 2019 | Greater Los Angeles
MARKET SHARE BY VOL. Greater LA & East Side Less than $1M Greater than $5M
$2,500,000
3,000 2,500
$2,000,000
2,000
$1,500,000
1,500 $1,000,000
$1M - $5M
1,000
$500,000
500
$0
0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Sales Volume by Price Category
13 % 28 % 59 %
Median Price
Q4 2019 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 Q4 Market Update / Q4 Highlights / 6
Q4 2018
Comparison by Neighborhood Q4 | Greater Los Angeles
GREATER LA: Q4 2019 Median Price $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Downtown L.A.*
EAST SIDE MARKETS (TOTAL)
Westwood - Century City *
Westwood - Century City
West Hollywood
West Hills
Venice
Valley Village
Toluca Lake
Topanga
Sunset Strip - Holl ywood Hills West
Studio City
Silver Lake - Echo Park
Sherman Oaks
Santa Monica
Palms - Mar Vista
Palisades
North Hol lywood
Pacific Palisades
Marina del Rey
Manhattan Beach
Malibu
Los Feliz
Hollywood Hills East
Hollywood
Hancock Park - Wilshire
Glendal e
Encino
Culver City
Burbank
Brentwood
Beverly Hills Post Office
Beverlywood Vicinity
Beverly Hills
Beverly Center - Miracle Miles
Bel Air - Holmby Hills
Median Selling Price
2.8m $ 6.5m $ 2.8m $ 2.9m $ 0.5m $
Bel-Air | Holmby Hills Beverly Hills Beverly Hills Post Office Brentwood Downtown Los Angeles *
1.7m $ 1.8m $ 3.4m $ 3.4m $ 3.1m $
Hancock Park / Wilshire Los Feliz Malibu Pacific Palisades
1.2m $ 1.7m $ 2.1m $ 2.0m $
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 {Q4 | 2019}
bel-air | holmby hills
7
%
Change in Median Selling Price {2019 vs 2018}
90 Average Days on Market
48 Units Sold
2.8m
$
Median Selling Price
$10,000,000
60
$9,000,000 50
$8,000,000 $7,000,000
40
$6,000,000 30
$5,000,000 $4,000,000
20
$3,000,000 $2,000,000
10
$1,000,000 0
$0 Q4 2015
Q4 2016
Q4 2017
Q4 2018
Total Sol d Properties
Total Units Sold
Q4 2019
Median Price
ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
7.0%
-
26%
33%
2019
$2,817,000
-5.2%
48
90
2018
$2,645,000
-4.9%
38
67
2017
$2,575,000
-2.0%
46
64
2016
$1,425,000
-4.2%
39
81
2015
$2,231,250
-6.4%
30
61
/
9 Bel Air | Holmby Hills
/ Los Angeles Q4 Market Update
50
$10,000,000
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 Q4 2015
Q4 2016
Q4 2017
Q4 2018
Total Sol d Properties
Total Units Sold
Median Price
Median Sales Price
Q4 2019 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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
29%
-
20%
8.0%
2019
$6,500,000
-6.5%
30
86
2018
$5,025,000
-4.8%
25
79
2017
$6,137,500
-7.1%
30
81
2016
$4,587,500
-4.4%
47
97
2015
$5,225,000
-3.8%
29
71
Los Angeles Q4 Market Update / Beverly Hills / 10
at a glance {Q4 | 2019}
beverly hills
29
%
Change in Median Selling Price {2019 vs 2018}
86 Average Days on Market
30 Units Sold
6.5m
$
Median Selling Price
at a glance {Q4 | 2019}
beverly hills post office
-12
%
Change in Median Selling Price {2019 vs 2018}
97 Average Days on Market
39 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 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
-12%
-
18%
64%
2019
$2,765,000
-4.5%
39
97
2018
$3,150,000
-5.1%
33
59
2017
$3,405,000
-3.9%
34
86
2016
$2,850,000
-5.4%
33
93
2015
$2,850,000
-2.6%
45
84
/
13 Beverly Hills Post Office
/ Los Angeles Q4 Market Update
$5,000,000
62
$4,500,000
60
$4,000,000
58
$3,500,000
56
$3,000,000
54
$2,500,000
52
$2,000,000 $1,500,000
50
$1,000,000
48
$500,000
46
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
Median Price
ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
-6.0%
-
6.0%
11%
2019
$2,925,000
-4.1%
55
74
2018
$3,100,000
-3.4%
52
67
2017
$3,337,500
-0.4%
60
48
2016
$2,750,000
-3.8%
61
80
2015
$2,960,000
-0.4%
55
63
Los Angeles Q4 Market Update / Brentwood / 14
at a glance {Q4 | 2019}
brentwood
-6
%
Change in Median Selling Price {2019 vs 2018}
74 Average Days on Market
55 Units Sold
2.9m
$
Median Selling Price
at a glance {Q4 | 2019}
downtown los angeles Condominium Units Only
-9
%
Change in Median Selling Price {2019 vs 2018}
53 Average Days on Market
93 Units Sold
618k
$
Median Selling Price
Sold Prop. vs Avg. Price vs. Median Sales Price $900,000
140
$800,000
120
$700,000
100
$600,000
80
$500,000
60
$400,000 $300,000
40
$200,000
20
$100,000
0
$0 Q3 2015
Q3 2016
Q3 2017
PROPERTIES SOLD
Total Units Sold
Q3 2018
ASP
Q3 2019
MEDIAN SALES PRICE
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
-8.5%
-
-8.8%
3.5%
2019
$617,500
-3.3%
93
53
2018
$675,000
-3.1%
102
51
2017
$619,250
-1.8%
126
58
2016
$519,500
-2.7%
105
48
2015
$545,000
-2.9%
111
46
/
17 Downtown Los Angeles
/ Los Angeles Q4 Market Update
$2,500,000
68 66
$2,000,000
64 62
$1,500,000
60 $1,000,000
58 56
$500,000
54 52
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
Median Price
ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
5.0%
-
-2.0%
3.0%
2019
$1,740,000
$2,348,587
57
64
2018
$1,658,000
$2,112,362
58
62
2017
$1,690,000
$2,211,505
65
40
2016
$1,655,000
$1,898,576
67
62
2015
$1,355,000
$2,081,669
67
54
Los Angeles Q4 Market Update / Hancock Park | Wilshire/ 18
at a glance {Q4 | 2019}
hancock park/wilshire
5
%
Change in Median Selling Price {2019 vs 2018}
64 Average Days on Market
57 Units Sold
1.7m
$
Median Selling Price
at a glance {Q4 | 2019}
los feliz
6
%
Change in Median Selling Price {2019 vs 2018}
42 Average Days on Market
47 Units Sold
1.8m
$
Median Selling Price
$2,500,000
54 52
$2,000,000
50 $1,500,000
48 46
$1,000,000
44 $500,000
42
$0
40 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
6.0%
-
-10%
-2.0%
2019
$1,775,000
3.9%
47
42
2018
$1,668,000
3.0%
52
43
2017
$1,731,250
1.0%
48
51
2016
$1,731,250
0.1%
45
52
2015
$1,515,000
-1.2%
44
53
/
21 Los Feliz
/ Los Angeles Q4 Market Update
70
$6,000,000
60
$5,000,000
50
$4,000,000
40 $3,000,000 30 $2,000,000
20
$1,000,000
10
$0
0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
Median Price
ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
8.0%
-
6%
-43%
2019
$3,400,000
-7.3%
37
104
2018
$3,137,500
-6.5%
35
183
2017
$2,433,175
-5.5%
50
128
2016
$2,925,000
-4.8%
44
158
2015
$2,550,000
-6.4%
62
153
Los Angeles Q4 Market Update / Malibu / 22
at a glance {Q4 | 2019}
malibu
8
%
Change in Median Selling Price {2019 vs 2018}
104 Average Days on Market
37 Units Sold
3.4m
$
Median Selling Price
at a glance {Q4 | 2019}
pacific palisades
-1
%
Change in Median Selling Price {2019 vs 2018}
66 Average Days on Market
63 Units Sold
3.4m
$
Median Selling Price
$5,000,000
70
$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 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
-1.0%
-
-2.0%
33%
2019
$3,400,000
-2.6%
63
66
2018
$3,436,000
-2.9%
64
50
2017
$3,340,000
-2.1%
55
57
2016
$3,268,000
-2.5%
53
72
2015
$2,610,000
-1.0%
61
71
/
25 Pacific Palisades
/ Los Angeles Q4 Market Update
70
$4,000,000
60
$3,500,000 $3,000,000
50
$2,500,000
40
$2,000,000 30
$1,500,000
20
$1,000,000
10
$500,000 $0
0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
Median Price
ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
10%
-
53%
10%
2019
$3,085,500
-1.7%
66
55
2018
$2,795,000
-2.0%
43
50
2017
$3,450,500
-0.9%
54
41
2016
$2,320,000
0.3%
49
59
2015
$2,547,500
0.4%
50
56
Los Angeles Q4 Market Update / Santa Monica / 26
at a glance {Q4 | 2019}
santa monica
10
%
Change in Median Selling Price {2019 vs 2018}
55 Average Days on Market
66 Units Sold
3.1m
$
Median Selling Price
at a glance {Q4 | 2019}
silver lake / echo park
4
%
Change in Median Selling Price {2019 vs 2018}
48 Average Days on Market
92 Units Sold
1.2m
$
Median Selling Price
120
$1,400,000
100
$1,200,000 $1,000,000
80
$800,000 60 $600,000 40
$400,000
20
$200,000
0
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018 Median Price
Q4 2019 ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
4.0%
-
7.0%
11%
2019
$1,150,034
2.4%
92
48
2018
$1,100,750
3.4%
86
43
2017
$1,089,000
3.9%
93
37
2016
$880,000
3.0%
85
58
2015
$854,500
2.1%
104
43
/
29 Silver Lake | Echo Park
/ Los Angeles Q4 Market Update
140
$3,000,000
120
$2,500,000
100
$2,000,000
80 $1,500,000 60 $1,000,000
40
$500,000
20
$0
0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
Median Price
ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
-7.0%
-
58%
-23%
2019
$1,700,000
-2.8%
123
63
2018
$1,824,500
-2.0%
78
82
2017
$1,830,000
-2.1%
117
71
2016
$1,695,501
-1.8%
92
65
2015
$1,690,000
-2.5%
115
74
Los Angeles Q4 Market Update / Sunset Strip | Hollywood Hills / 30
at a glance {Q4 | 2019}
sunset strip / hollywood hills
-7
%
Change in Median Selling Price {2019 vs 2018}
63 Average Days on Market
123 Units Sold
1.7m
$
Median Selling Price
at a glance {Q4 | 2019}
TOPANGA
18
%
Change in Median Selling Price {2019 vs 2018}
54 Average Days on Market
24 Units Sold
1.3m
$
Median Selling Price
30
$1,800,000 $1,600,000
25
$1,400,000
20
$1,200,000 $1,000,000
15
$800,000
10
$600,000 $400,000
5
$200,000
0
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018 Median Price
Q4 2019 ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
18%
-
50%
-45%
2019
$1,287,000
-0.6%
24
54
2018
$1,094,750
-1.1%
16
98
2017
$880,000
-2.2%
20
72
2016
$1,199,200
1.5%
18
63
2015
$945,000
-2.2%
18
108
/
33 Silver Lake | Echo Park
/ Los Angeles Q4 Market Update
{Q4 | 2019}
the valley
Neighborhood Highlights Burbank
1
%
$1,000,000
150
$900,000
145
$800,000
140
$700,000
135
$600,000
130
$500,000
125
$400,000 $300,000
120
$200,000
115
$100,000
110
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018 Median Price
Median Sales Price
Q4 2019 ASP
Average Selling Price
Change in median sales price {2019 vs 2018}
40 122
Average DOM
Properties Sold
$875k
Median Selling Price
Studio City
2
%
$2,500,000
100 90
$2,000,000
80 70
$1,500,000
60 50
$1,000,000
40 30
$500,000
20 10
$0
0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018 Median Price
Median Sales Price
Q4 2019 ASP
Average Selling Price
Change in median sales price {2019 vs 2018}
59 80
Average DOM
Properties Sold
$1.6m
Median Selling Price
Sherman Oaks
13
%
100
$1,200,000
100
$1,000,000
100 100
$800,000
99
$600,000
99 99
$400,000
99
$200,000
99
Change in median sales price {2019 vs 2018}
45 100
Average DOM
Properties Sold
98
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018 Median Price
Median Sales Price
Q4 2019 ASP
Average Selling Price
$1.1m
Median Selling Price
Valley Village
24
%
$1,400,000
50 45
$1,200,000
40
$1,000,000
35 30
$800,000
25 $600,000
20 15
$400,000
10
$200,000
5
$0
0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018 Median Price
Median Sales Price
Q4 2019 ASP
Average Selling Price
Change in median sales price {2019 vs 2018}
39 33
Average DOM
Properties Sold
$1.2m
Median Selling Price
/
35 The Valley
/ Los Angeles Q4 Market Update
54
$3,000,000
52
$2,500,000
50
$2,000,000
48
$1,500,000
46
$1,000,000
44
$500,000
42
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
Median Price
ASP
Median Sales Price
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
13%
-
-2.0%
2.0%
2019
$2,142,500
-2.9%
46
52
2018
$1,900,000
-3.2%
47
51
2017
$1,962,500
-1.9%
52
47
2016
$1,835,000
-1.3%
49
57
2015
$1,737,000
0.7%
53
55
Los Angeles Q4 Market Update / Venice / 34
at a glance {Q4 | 2019}
venice
13
%
Change in Median Selling Price {2019 vs 2018}
52 Average Days on Market
46 Units Sold
2.1m
$
Median Selling Price
at a glance {Q4 | 2019}
west hollywood
12
%
Change in Median Selling Price {2019 vs 2018}
63 Average Days on Market
29 Units Sold
2
$ m Median Selling Price
$2,500,000
40 35
$2,000,000
30 25
$1,500,000
20 $1,000,000
15 10
$500,000
5 0
$0 Q4 2015
Q4 2016
Q4 2017
Total Sol d Properties
Total Units Sold
Q4 2018
Q4 2019
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
Q4
Median Sale Price Closed Average Days Selling Price vs. List Price Units on Market
{2019 vs 2018}
Change
12%
-
26%
63%
2019
$1,968,000
-2.2%
29
63
2018
$1,750,000
-1.4%
23
38
2017
$1,667,500
-0.3%
35
61
2016
$1,709,050
-2.7%
35
59
2015
$1,512,500
-0.2%
34
65
/
39 West Hollywood
/ Los Angeles Q4 Market Update
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