Submarket Snapshot: Single-family homes in West L.A.

Homes were listed at start of 2016 for an average of more than $3 million

Mar.March 23, 2016 05:00 PM

There were 20 single-family residences sold in West L.A. in the fourth quarter, according to a report by the Agency. They sold for an average of $1.27 million, or $1,089 a square foot. 

The homes sold at a less than one percent discount to their asking price.

At the start of 2016, there were 46 homes listed in the area for an average asking price of $3.03 million, or $1,212 a square foot.

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