HOME BUYING: WEST LOS ANGELES
Between March 17 and Sept. 19, homes in Beverly Hills sold for $300,000 less than list price while in Venice, where average list prices were $1 million lower, buyers paid more than list. Here are average list or sale prices over six months and the average duration of listings.
List Selling Area Price Price Time Beverly Hills $1,267,231 $973,517 152 days Beverly Hills Post Office 834,200 710,795 166 days Bel-Air 1,106,470 872,727 154 days Beverlywood 262,873 244,299 102 days Brentwood 764,175 699,432 130 days Cheviot Hills-Rancho Park 431,694 389,018 96 days Culver City 222,108 215,354 107 days Hancock Park-Wilshire 399,554 341,325 114 days Hollywood Hills East 292,462 274,671 134 days Hollywood-West Hollywood 181,087 171,200 127 days Malibu Beach 1,426,062 1,296,560 206 days Malibu Landside 437,023 448,409 179 days Marina del Rey 263,180 248,566 81 days Miracle Mile-Wilshire 261,589 249,062 117 days Pacific Palisades 619,348 579,454 125 days Palms-Mar Vista 248,240 238,362 105 days Santa Monica 458,005 432,643 114 days Sunset Strip-Hollywood Hills West 425,782 384,950 131 days Venice 228,659 238,787 96 days Western Los Angeles 215,243 207,305 89 days West Hollywood 217,244 207,020 126 days Westwood-Century City 479,428 445,437 112 days
Source: Jon Douglas Company, based on sales reported through multiple listing services.
