Sales Volume of Single Family Homes in West Hollywood more than doubled in November 2011 over that recorded in November 2010.
November 2011: $10,828,500 versus November 2010: $4,069,000
There were 11 Sales recorded in November 2011 with an Average Selling Price of $984,400 and a Median Price of $710,000.
The lowest Sale was $510,000 while the highest Sale Price recorded was $2,376,000
For further information about current listings and comps in the area, please call: Stewart Penn - Penn Properties
Los Angeles: 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046
Direct: 310-844-6515 Cell: 310-866-1818
Stewart Penn - Realtor for homes and condos in Los Angeles, Beverly Hills, Santa Monica, West Hollywood, Hollywood Hills, The Sunset Strip and throughout the greater LA area. Now also selling mid-century modern homes and condos in Palm Springs.
All information obtained from The MLS is deemed correct but not guaranteed. Photos courtesy of The MLS.
That IS good news Stewart. Glad to see this happening down there. ;-)
I'm also happy to report that I have well qualified buyers for the area looking for homes in the $1 - $1.8 Million range.
This is an encouraging start to 2012.