WEST LOS ANGELES
SINGLE FAMILY HOME SALES Surrounded by Santa Monica, Beverly Hills, the ocean and the Santa Monica Mountains is the city of West Los Angeles, known for its 1920s, mid-century and contemporary architecture. With its rolling hills and proximity to the ocean, West Los Angeles was originally developed as an upscale community and is still considered one of the most desirable areas to live in Los Angeles today. With its central location between Los Angeles and the ocean, West Los Angeles has attracted a diverse range of commercial development to add to its 1920s through mid-century and contemporary architecture. The area is also home to some of the world’s finest shopping along the famous Wilshire Boulevard. CLICK HERE TO VIEW HOMES WE HAVE AVAILABLE IN THIS AREA
SINGLE FAMILY HOMES (SFH) NOV - JAN 2014 Average List Price Average List Price per Square Foot
ALL $858,386 $558.11
< $1M $804,130 $570.92
$1M - $3M $1,165,833 $516.31
> $3M $$-
Average Sold Price
$861,825
$802,441
$1,198,333
$-
Average Sold Price per Square Foot
$-
$562.57
$572.34
$530.71
Total SFH Sold
20
17
3
-
Total SFH for Sale at End of Period
7
6
1
-
Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio
1.1
1.1
1.0
-
100%
100%
103%
0%
SFH NOV - JAN 2013
ALL
< $1M
$1M - $3M
> $3M
Average List Price
$678,782
$650,772
$1,295,000
$-
Average List Price per Square Foot
$476.69
$470.67
$555.08
$-
Average Sold Price
$682,500
$657,386
$1,235,000
$-
Average Sold Price per Square Foot
$-
$479.30
$475.46
$529.36
Total SFH Sold
23
22
1
-
Total SFH for Sale at End of Period
13
11
2
-
Average Monthly Supply of Inventory Average Sold Price/Original List Price Ratio
1.7
1.5
6.0
-
101%
101%
95%
0%
SFH JAN/JAN COMPARISON
ALL
< $1M
$1M - $3M
> $3M
Average List Price
26%
24%
-10%
0%
Average List Price per Square Foot
17%
21%
-7%
0%
Average Sold Price
26%
22%
-3%
0%
Average Sold Price per Square Foot
17%
20%
0%
0%
Total SFH Sold
-13%
-23%
200%
0%
Total SFH for Sale at End of Period
-46%
-45%
-50%
0%
Average Monthly Supply of Inventory
-38%
-29%
-83%
0%
0%
-1%
8%
0%
Average Sold Price/Original List Price Ratio
(Source: MLS/CLAW)
BEVERLY HILLS | BRENTWOOD | LOS FELIZ | MALIBU | PACIFIC PALISADES SANTA MONICA | SUNSET STRIP | sothebyshomes.com/losangeles
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