West Hollywood Real Estate & Homes for Sale

In May 2025, West Hollywood saw a notable market shift, with home prices dropping 22.6% year-over-year to a median of $755K. The extended average time on market—from 40 to 50 days—along with a slight dip in sales volume suggests a cooling in buyer urgency and a growing sensitivity to pricing. This adjustment presents an opening for buyers to re-enter a high-demand area at more negotiable price points, especially as inventory lingers longer and competition eases.

West Hollywood remains somewhat competitive, though buyers have more room to negotiate. Most homes sell in about 67 days and typically close for 4% below list price. While the overall pace has slowed, well-priced or uniquely positioned properties can still attract solid interest—often going pending in just over a month at or near asking price. This split signals that strategic pricing and presentation remain key to standing out in today’s market.

In May 2025, West Hollywood shifted into a buyer’s market, with housing supply outpacing demand. This gives buyers increased leverage—more choices, stronger negotiating power, and the potential for better pricing—especially as sellers adjust expectations in a slower-moving environment.