Real Estate Market Update for West Hollywood, CA

Video: Real Estate Community Tour for West Hollywood, CA

See Real estate community tour for West Hollywood, CA
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 12% from one year earlier, and down 12% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 70%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 500-thousand dollars. The number of units sold decreased 75% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for West Hollywood, CA
Area Information for West Hollywood, CA
  • Population: 35,454
  • Median Age: 42.09 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 5
  • Sales Tax: 9%
  • Population Density: 18,784/sq mi
  • Population Change Since 2000: -.72%
  • Closest Airport: Bob Hope
  • Closest College: Yeshiva Ohr Elchonon Chabad Seminary
  • Closest Jr. College: American Academy Of Dramatic Arts
  • Median Household Income: $59,765
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $741,500
  • Closest Major Sports Team: Los Angeles Rams
  • Change Avg. Household Income Since 2000: 54.42%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for West Hollywood, CA
Median Age: 42.09 Married: 17% Number of Households: 23,271 Households with Children: 1,144
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for West Hollywood, CA

      School Name Distance Type Grades School Rating Parent Rating
      West Hollywood Children's Academy 0.1 mi Private PRESCHOOL-1 0 0
      Fountain Day, Inc 0.4 mi Private PRESCHOOL-K 0 0
      West Hollywood Opportunity School 0.4 mi Public 9-12 1 0
      Abc Little School 0.5 mi Private PRESCHOOL-1 0 0
      Ofman Learning Center 0.5 mi Private 9-12 0 0
      Linden School 0.5 mi Private 4-12 0 0
      Yeshiva Ohr Elchonon Chabad 0.5 mi Private 9-12 0 0
      Laurel Elementary School 0.5 mi Public K-8 3 0
      Westside Community Adult 0.5 mi Public - 0 0
      Fairfax Senior High School 0.5 mi Public 9-12 4 3
      Beverly Hills Montessori School 0.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Melrose Elementary School 0.6 mi Public K-5 4 0
      Cheder Of Los Angeles 0.6 mi Private PRESCHOOL-8 0 0
      Gardner Street Elementary School 0.7 mi Public K-6 3 0
      Just Like Moms Preschool & Kindergarten 0.7 mi Private PRESCHOOL-K 0 0
      West Hollywood College Prep School 0.8 mi Private PRESCHOOL-12 0 0
      Temple Israel Of Hollywood Day School 0.9 mi Private K-6 0 0
      Hollywood Schoolhouse 1.0 mi Private PRESCHOOL-6 0 0
      Hubert Howe Bancroft Middle School 1.0 mi Public 6-8 2 0
      Perutz Etz Jacob Hebrew Academy 1.1 mi Private K-8 0 0
      Aviva High School 1.1 mi Private 7-12 0 0
      Rosewood Avenue Elementary School, School For Advanced Studies 1.3 mi Public K-6 2 0
      The Center For Early Education 1.4 mi Private PRESCHOOL-6 0 0
      Pacific Hills School 1.5 mi Private 6-12 0 4
      Vine Street Elementary School 1.6 mi Public K-6 1 0
      Maimonides Academy 1.7 mi Private PRESCHOOL-8 0 0
      Larchmont Charter School 1.7 mi Public K-5 5 0
      West Hollywood Elementary School 1.9 mi Public PRESCHOOL-5 5 0
      Montessori Children's World 2.0 mi Private PRESCHOOL-K 0 0
      Hollywood Primary Center 2.0 mi Public PRESCHOOL-3 0 0
      Citizens Of The World Charter School 2.1 mi Public K-7 4 0
      Joseph Le Conte Middle School 2.1 mi Public 6-8 1 4
      Santa Monica Boulevard Community Charter School 2.2 mi Public K-6 2 0
      Wonderland Avenue Elementary School 2.3 mi Public K-5 5 0
      Carthay Center Elementary 2.3 mi Public PRESCHOOL-5 2 0
      Cheder Menachem School 2.5 mi Private K-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for West Hollywood, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.