May 2024 West Hollywood Condo Market Report: Stable Rates, Full Price Sales

Discover the latest updates in the West Hollywood condo market with Ian Rhodes this May! Despite the Federal Reserve's decision to maintain interest rates, the economic outlook appears stable, with no hikes expected soon. Dive into our detailed analysis to see how this decision could influence the spring and summer housing market.
In the past 30 days, 34 condos were sold in West Hollywood, averaging 38 days on the market. Remarkably, successful sellers secured an impressive 100% of their list price, indicating a robust seller's market. Additionally, the average days on market have decreased, suggesting a growing buyer interest and a competitive market environment.
Stay informed and ahead of the curve with our ongoing market analysis, ensuring you make the most informed decisions in today's dynamic real estate landscape. Whether you're buying, selling, or just keeping an eye on the market, we're here to help.
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