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West Hollywood

West Hollywood, referred to by locals as WeHo, is a trendy area known for its high-energy nightlife. Located in the heart of metropolitan Los Angeles, West Hollywood is nicknamed “The Creative City”, and for good reason.

The city is bustling with fashion and the arts, which is easy to see as you travel the streets of the West Hollywood Design District. From galleries to interior design showrooms to boutiques, West Hollywood is a designer’s dream.

But WeHo isn’t just for creative types. The city is for anyone who wants to experience lively nightlife, upscale shopping areas, and live entertainment venues.

Beyond the flashy venues, West Hollywood also offers plenty of bars, restaurants, coffee shops, and parks. So, it’s a great place to live no matter what your interests are.

Investment Properties and Luxury Vacation Homes

West Hollywood is also great for families looking to find a home with plenty of room and a nice place in the suburbs. With the amazing weather, tons of attractions, and above average schools, it’s no wonder why over 35,000 people call West Hollywood home.

Whether you’re visiting or living in West Hollywood, you’ll experience a dense urban feel that creates the feeling that you truly belong. As the 17th most densely populated city in the U.S. and the fourth most in California, West Hollywood is home to 19,000 residents per square mile.

West Hollywood
Real Estate Market Trends

Whether you’re trying to purchase a home, putting yours up for sale, or looking to buy investment properties in West Hollywood, it’s a good idea to become familiar with the real estate market trends in the area.

Most residents of West Hollywood rent their homes. In fact, renters make up about 80% of the population. So, there’s a much smaller percentage of people buying their homes in West Hollywood. But when people do buy, it’s for a lot of money. The typical value of luxury homes in WoGo is $1,051,936. Tshe values of West Hollywood homes for sale have increased by 8.1% over the past year.

 

The West Hollywood housing market has a housing density of 13511.2, which is much bigger than the U.S. average of average of 39.2 and the entire state of California’s housing density of 91.3.

If you’re looking to sell your home in West Hollywood, then the odds will likely be in your favor. That’s because West Hollywood is currently a seller’s housing market. This means prices tend to be higher and homes sell faster.

Conversely, if you’re buying a home in West Hollywood, you could end up paying more than the asking price. In February 2022, 50% of homes in West Hollywood sold above asking price. And because homes are selling fast in the area, you should act quickly, if you’re buying.

Housing Market Conditions
& Statistics in West Hollywood, CA

In the past 365 days

$1,500,000

Median List Price

$935

Median Home Size

$1,328

Median $/Sqft

38

Median Days on Market

Top Rated Schools

Things to Do in West Hollywood:
Famous Destinations & Hidden Attractions

West Hollywood
Restaurants

West Hollywood
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