LA Connection Property Blog: You Need a Million Dollars To Buy a House in the West Hollywood Area

You Need a Million Dollars To Buy a House in the West Hollywood Area

You Need a Million Dollars To Buy a Single Family Home in the West Hollywood Vicinity

According to the latest statistics released by The CLAW MLS, October 2012's Sales of West Hollywood Single Family Homes had a Median Price of $1,725,000 and and Average Price of $1,838,000.

Of the 5 Closed Sales in October 2012, only one was under a Million dollars while the highest sale was $3,540,000. Looking back to 2011 the highest sale was only $1,650,000.

Total Sales for October 2012 were $9,120,000 versus $7,700,000 in October 2011.

Buyers and Sellers of homes in the West Hollywood Vicinity would be interested to note that in October 2007 (during the height of the market), the highest sale recorded by The MLS was only $1,575,000.

Penn Properties   Penn Properties

Penn Properties  Penn Properties

All info obtained from The CLAW MLS is deemed reliable but is not guaranteed. Pics Courtesy of The MLS.

Comment balloon 0 commentsCOMPASS PALM SPRINGS | Stewart Penn • November 16 2012 10:11AM

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