West Hollywood’s Condo Market Is Tilting Toward Buyers

West Hollywood condos had about 8.3 months of supply in October 2026: 188 active listings against about 23 sales a month in Q3 (TheMLS, MLS Area 10). Buyers have leverage overall, but the $750K to $1.5M range is closer to balanced.

Is West Hollywood’s Condo Market Shifting Toward Buyers?

Yes, on the numbers. As of October 22, 2026, TheMLS showed 188 active condo listings in West Hollywood (MLS Area 10), and condos closed at a pace of about 23 a month in Q3 2026. That works out to about 8.3 months of supply. Six months is the line most agents use between a balanced market and a buyer’s market, so overall the condo market leans toward buyers. Well-priced units in the middle of the market are still moving.

Key Takeaways

  • 188 West Hollywood condos were active on October 22, 2026, with only 22 in escrow (12 active under contract and 10 pending).

  • 68 condos closed in Q3 2026, a median sale price of $982,500. That is about 8.3 months of supply at the Q3 pace.

  • Counting earlier listings of the same unit, Q3 condo sales took a median 88 days to go under contract. 21 of 60 marketed sales had been listed at least once before.

  • 46 of those 60 sold below their first asking price. 66 of the 188 active listings have already cut their price.

  • Supply is tightest from $750,000 to $1.5 million (about 6.4 months) and loosest above $1.5 million (about 9.8 months).

Source: TheMLS, MLS Area 10, condos only. Q3 2026 closings (July 1 to September 30); active, under-contract and pending counts as of October 22, 2026.

What do the October 2026 numbers say about West Hollywood’s condo market?

Buyers have more choice than sellers would like, and they are taking their time. The picture still changes by price range and by building, which is how I read it.

Supply and sales pace

On October 22, 2026, TheMLS showed 188 active condo listings in West Hollywood, plus 12 active under contract and 10 pending. That is roughly eight and a half listings competing for every unit already in escrow.

68 condos closed in Q3 2026, about 23 a month. At that pace, today’s 188 listings would take about 8.3 months to sell. Using the last six months of closings instead gives about 7.9 months, so the reading holds either way. Q2 2026 had 74 closings, so sales did not pick up over the summer.

The median sale price was $982,500 in Q3, up from $927,500 in Q2. That shift reflects which units sold as much as any change in value, so don’t read it as prices rising across the board.

How long sales are really taking

The MLS days-on-market number restarts every time a unit is relisted, so it understates how long many sellers actually waited. When I add each sold unit’s earlier expired or canceled listings back in, Q3 condo sales took a median 88 days to go under contract. Only 14 of 60 marketed sales went under contract within 30 days, and 30 took more than 90. 21 of the 60 had been listed at least once before. Eight off-market or comp-only sales are left out of these timing figures.

Once a buyer commits, the rest moves normally: the median time from contract to close was 30 days.

Where supply is tightest

Comparing today’s active listings with the last six months of closings by price range:

  • Under $750,000: about 9.0 months of supply.

  • $750,000 to $1.5 million: about 6.4 months.

  • $1.5 million and up: about 9.8 months.

The middle of the market is close to balanced. The entry-level and upper end are where buyers have the most room to negotiate.

Source: TheMLS, MLS Area 10, condos only.

Which West Hollywood condos give buyers more negotiating power?

Units with a visible objection and a price that doesn’t account for it. Two condos in the same building can sell well apart based on floor, exposure, layout, and whether the HOA allows in-unit laundry or hard-surface flooring above the first floor. Your building’s own sales beat citywide averages every time.

These are the recurring objections I address head-on with my clients rather than hide:

  • No in-unit laundry. Buyers compare against units that have it. Price against closed sales without it, and show the building’s laundry setup clearly.

  • HOA bans hard-surface flooring in upper units. Buyers who want hard floors walk away. Position the unit honestly and compare it to units with the same rule.

  • High HOA dues. Dues reduce what a buyer can afford to borrow. Show what the dues cover, and have the HOA resale documents ready for buyers.

  • Tandem or street parking. Buyers compare against assigned, secure spaces. Document the exact parking type and count up front.

  • Dated finishes. Buyers price in a renovation. Price to the condition, and let the layout and location carry the listing.

Building health matters too. Buyers and their lenders look at reserves, insurance, special assessments and SB 326 balcony inspection reports, and a building with deferred work gives them a reason to ask for a lower price. Building age, elevator access, outdoor space, views, and distance to Santa Monica Boulevard all shape how a building competes.

How do you price and position your condo when buyers have options?

Price against closed sales, not competing listings. Active listings show you the competition. They don’t prove what any buyer has paid.

The first price matters most. In Q3, 46 of 60 marketed condo sales closed below their first asking price. Two sales show the difference. At The Courtyards of West Hollywood, 950 N Kings Rd #254 listed at $449,000 in July, went under contract in five days, and closed at $449,000 in September. At 960 Larrabee St, unit #218 first asked $525,000 in May, went under contract after 80 days at a $399,000 list price, and closed at $397,940 in August.

A unit that enters the market above comparable closed sales can pile up days, force a price correction later, and lose negotiating power along the way. If you want the detail on adjusting, I cover it in when to cut your West Hollywood condo price.

How I break down a listing review

When I review a unit with a seller, I separate the evidence so it doesn’t blur together:

  • Closed sales apart from active and pending listings.

  • Studios, one-bedrooms, two-bedrooms, and larger units.

  • Renovated units versus unrenovated ones.

  • Units with parking and units without.

  • Low-rise, mid-rise, and full-service buildings.

  • Units with materially different HOA dues or amenities.

Then I compare your unit to your building’s own sales. That’s the comparison buyers actually make. My post on selling a condo in West Hollywood when inventory is high walks through the strategy in more depth, and what rising rates mean for West Hollywood sellers covers the affordability side.

Order the HOA resale documents when you list so they are ready for buyers. Professional photography and a Matterport 3D tour help a listing hold attention while buyers compare several units in one session. They don’t replace correct pricing.

What if you’re buying?

You have more room to negotiate than you did when supply was tighter, especially under $750,000 and above $1.5 million. Ask for the HOA documents early and look at dues, reserves, special assessments, and rules on flooring, laundry, and leasing before you fall in love with a unit. I’d rather tell you a comp is weak than let you pay for one.

FAQ

Does West Hollywood favor condo buyers right now?

Overall, yes. TheMLS showed 188 active condo listings on October 22, 2026, against a Q3 pace of about 23 closings a month, or about 8.3 months of supply. The $750,000 to $1.5 million range is closer to balanced at about 6.4 months.

How long are West Hollywood condos taking to sell in 2026?

Counting earlier listings of the same unit, Q3 2026 condo sales took a median 88 days to go under contract (TheMLS, MLS Area 10). The median time from contract to close was 30 days.

Are West Hollywood condo prices dropping in 2026?

The median sale price was $982,500 in Q3 2026, up from $927,500 in Q2, but that reflects which units sold. The clearer signal is pricing pressure on individual listings: 46 of 60 Q3 sales closed below their first asking price, and 66 of 188 active listings have cut their price.

Should I lower my West Hollywood condo’s asking price?

If your unit is piling up days while comparable closed sales in your building point lower, a correction deserves a serious look. If it’s drawing showings and feedback, the issue may be positioning rather than price. A consultation with your building’s closed sales in hand answers this fast.

Should I sell now or wait until 2027?

It depends on your situation, and nobody can promise where the market lands. Waiting doesn’t remove the current supply, and a well-positioned unit is easier to sell today than an overpriced one is later. Talk to your tax advisor about your numbers, and let’s compare your options with real closed sales.

The short version: West Hollywood’s condo market rewards accurate pricing and honest positioning, and it punishes guessing. If you want your building’s closed sales and a clear plan for your unit, I’m happy to walk you through it. Book a private consultation. No pressure, just clarity.

About Damian DiCesare

West Hollywood condos are Damian DiCesare’s specialty. Past clients call him back years later to sell the same unit. He has 36 years in real estate across Pennsylvania and California. Realtor®, Douglas Elliman Real Estate, DRE 01267505.

Douglas Elliman · 310.291.3636

Equal Housing Opportunity. Damian DiCesare, California Salesperson, DRE 01267505, Douglas Elliman Real Estate. Regulated by the STATE OF CALIFORNIA DEPARTMENT OF REAL ESTATE. This article is general information, not legal, tax, or financial advice. Confirm your own numbers with your escrow officer, tax advisor, or lender.

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