West Hollywood Condo Market Report - December 2008 - Some interesting statistics ....
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
I was pleasantly surprised to review the December 2008 statistics for the West Hollywood Condo Market. Specifically, I compared December 2008 to 2007 and 2006. Obviously, a single month does not signal a definitive trend, but it was good to see the market holding steady. WEST HOLLYWOOD CONDOS: December 2008 / December 2007/ December 2006 Average Selling Price: $700,000 / $812,000 / $615,000 Average List Price: $744,000 / $847,000 / $632,000 Median Price: $650,000 / $568,000 / $510,000 Total Sold in Dollars: $17,500,000 / $16,200,000 / $16,600,000 Number of Listings Sold: 25 / 20 / 27 Lowest Price Condo Sold: $319,000 / $350,000 / $381,000 Highest Price Condo Sold: $1,100,000 / $2,250,000 / $1,300,000 (Statistics extracted from The CLAW MLS and rounded off for ease of comparison)
Comments
2