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The Real Deal Los Angeles

Submarket Snapshot: Condos in West L.A.

Units listed this quarter at steeper prices

March 09, 2016 05:10PM
By Hannah Miet

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Condo transactions in the fourth quarter (source: the Agency)

Condo transactions in the fourth quarter (source: the Agency)

There were 41 condos sold in West L.A. in the fourth quarter, for an average price of $733,133, according to a report by the Agency.

They sold for an average of $495 a square foot.

The units got what they asked for, selling at a less than 1 percent discount to their asking price, on average.

At the start of 2016, there were 11 condos listed in the area at a steeper average price of $859,818. The average asking price per square foot was $533.

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