West Hollywood Housing Update: Prices Down Year Over Year as Inventory Builds
West Hollywood, CA – March 15, 2026 – Home prices are lower year over year while inventory tops 200 listings, signaling a more balanced spring market.
West Hollywood enters mid-March with softer pricing compared to a year ago and more options for buyers heading into spring.
Top takeaways
- Median sale price was about $988K in February, down 29.1% year over year.
- Average home value sits near $1.01M, off 3.1% from a year ago.
- Active inventory reached 213 listings at the end of February.
Market snapshot
According to Redfin, 24 homes sold in February, slightly more than the same month last year, with properties averaging 45 days on market. The median price per square foot was reported at $823, also down year over year.
Zillow’s latest data shows a typical home value of $1,007,379 as of late January, with homes going pending in roughly 55 days. Inventory stood at 213 homes and 46 new listings for the month, suggesting a steadier flow of supply than much of 2024.
Realtor.com characterizes the city as a buyer’s market in early 2026, indicating that available homes are outpacing current demand. Sellers appear to be adjusting expectations, particularly in the condo segment.
What’s for sale now
Current listings span renovated mid-century condos, newer luxury townhomes, and contemporary single-family residences in the hills. Realtor.com shows a median list price around $1.27M, reflecting a mix of entry-level condos and higher-end properties. Buyers will find a range from studios under $2,000 per month in rentals to multimillion-dollar view homes.
Rental and rate backdrop
Zillow reports average rent around $3,057, roughly flat year over year. With mortgage rates nationally hovering in the mid-6% range in recent market reports, affordability remains a key factor shaping both purchase and rental demand.
As spring activity ramps up, the central question is whether buyers step in at today’s price points or wait for further adjustments. What are you seeing in open houses and listings across West Hollywood?
Sources
https://www.redfin.com/city/20771/CA/West-Hollywood/housing-market
https://www.zillow.com/home-values/48424/west-hollywood-ca/
https://www.realtor.com/realestateandhomes-search/West-Hollywood_CA/overview
https://www.realtor.com/realestateandhomes-search/West-Hollywood_CA