How is the West Hollywood, CA 90046 Market doing as of today?...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
West Hollywood, CA 90046 - West HollywoodMon Nov 14 2022This week the median list price for West Hollywood, CA 90046 - West Hollywood is $2,224,500 with the market action index hovering around 43. This is less than last month's market action index of 52. Inventory has decreased to 6. Clearly you heard me saying that each pocket of Los Angeles Real Estate is different. Here is a perfect example West Hollywood, CA in the 90046-zip code is still a sellers' market. Slight Seller's Advantage The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. In c...
Comments
13