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This Week
Real-Time Market Profile Trend
Median List Price $ 2,395,000 ≠≠
Asking Price Per Square Foot $ 766 ≠≠
The median list price in WEST HOLLYWOOD, CA 90069 - West Average Days on Market (DOM) 174 ≠≠
Hollywood this week is $2,395,000.
Percent of Properties with Price Decrease 38 %
Percent Relisted (reset DOM) 74 %
Inventory is up and Market Action is trending down recently. While
days-on-market appears to be trending lower, the overall Percent Flip (price increased) 2%
conditions are weakening a bit. Median House Size (sq ft) 3110
Median Lot Size 8,001 - 10,000 sqft
Median Number of Bedrooms 3.0
Median Number of Bathrooms 4.0
The market has been consistently cool for several weeks. Demand ±+ No change == Strong upward trend ≠≠ Strong downward trend
level are low relative to the available inventory. It's a Buyer's
market and prices continue to fall. Look for a persistent shift in = Slight upward trend ≠ Slight downward trend
Market Action before prices plateau or begin to rise again.
Price
Market Action Index Again this week in this zip code we see a downward notch for
prices. Pricing has been weak in recent weeks and versus their
absolute-high level. At this point, we will be looking for a
persistent upward shift in the Market Action Index as a leading
indicator for a trough in prices.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
8,001 -
Upper/Second $ 3,000,000 3334 10,000 sqft 3.0 4.0 53 29 1 1 193 Upper-middle 25% of properties
6,501 -
Lower/Third $ 1,895,000 2732 8,000 sqft 3.0 3.5 64 29 7 0 150 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 1,099,500 1920 6,500 sqft 3.0 2.2 62 30 3 0 132 Least expensive 25% of properties
Pickford Escrow
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