February West Hollywood Condo Market Update: Insights from Ian Rhodes

Hey there, this is Ian Rhodes, and I'm excited to bring you the latest West Hollywood housing condo market update for February. We've just wrapped up the first 30 days of the new year, and I've got some interesting insights to share with you.

In the past month, a total of 23 condos were sold in West Hollywood. These condos spent an average of 44 days on the market before finding a buyer, and they fetched an impressive 97% of their list price on average. But here's where it gets even more intriguing – condos that sold within their first 30 days on the market received, on average, 100% of their sales price. However, those that lingered on the market for 30 to 60 or 60 to 90 days saw that average drop to 97%.

What does this tell us? Well, now more than ever in 2024, you need a hyperlocal expert to ensure your condo gets sold. Strategic pricing, combined with clear preparation and experienced presentation, are essential in today's market.

So, if you're looking to sell your condo in 2024, don't hesitate to reach out. Let's discuss putting together a great strategy tailored to your needs. With our expertise and dedication, we'll help you navigate the market and achieve your real estate goals.

Thanks for tuning in, and here's to a successful year ahead in the West Hollywood condo market!