Over asking in West Hollywood is a condo-by-condo outcome, not a market-wide pattern. In Q3 2026, 8 of 60 marketed condo sales in MLS Area 10 closed above list price, by a median of 0.7%. The ones that did were priced against their own building’s sales and had common objections, like parking, laundry, or dated finishes, addressed up front.
What’s still going over asking in West Hollywood?
Over asking in West Hollywood is happening condo by condo, not across the market. Of 60 West Hollywood area condos that sold after being marketed in the third quarter of 2026, 8 closed above their final list price and 10 closed right at it. The other 42 sold below. The listings that still draw competing bids are priced against their own building’s sales and give buyers nothing to hesitate over.
Key Takeaways
8 of 60 marketed condo sales closed above the final list price, 10 closed at list, and 42 closed below. The median sale was 97.1% of the final list price.
Measured against the first asking price, counting earlier listings of the same unit, the median sale was 93.6% of that ask, and only 5 of 60 sold above it.
The over-asking sales were small wins. The 8 condos that closed above list sold a median 0.7% over. The biggest premium was 2.6%, at 950 N Kings Rd #341 in The Courtyards: listed at $775,000, sold for $795,000 after 7 days on market.
Speed and price went together. The 13 condos that went under contract within 30 days, counting earlier listings, sold at a median 99.7% of their first ask. The other 47 sold at a median 90.0%.
Building-level comps decide your price: two 761 square foot units at 950 N Kings Rd sold in the same quarter for $603,000 and $449,000.
Condos and houses are separate markets. Every number in this post is condos only.
Source: TheMLS, MLS Area 10 (West Hollywood Vicinity), condo/co-op sales closed July 1 to September 30, 2026. Excludes 9 sales with 0 days on market (off-market or comp-only records).
Is selling over asking in West Hollywood still realistic?
Yes, but it is the exception you earn, not the default you can count on. Fewer than one in three marketed condo sales last quarter closed at or above list price (18 of 60), and the median condo sold for $958,750.
What does the third quarter actually show?
Closed above final list price: 8 of 60
Closed at final list price: 10 of 60
Closed below final list price: 42 of 60
Median sale price vs. final list price: 97.1%
Median sale price vs. first asking price: 93.6%
Sold 10% or more below first asking price: 26 of 60
Cut the price or relisted before selling: 36 of 60
Source: TheMLS, MLS Area 10 (West Hollywood Vicinity), condo/co-op sales closed July 1 to September 30, 2026. “First asking price” counts an earlier expired, canceled, or withdrawn listing of the same unit when it came off the market within 90 days of the next listing.
The gap between those two medians matters. The MLS compares the sale price to the final list price, and the final price often comes after a cut or a relist. 970 Palm Ave #101 in Nob Hill Condominiums is a good example. It sold for $715,000, above its final $699,000 list price. But the same unit had been listed earlier at $724,000, and counting both listings it took 165 days to go under contract.
What does the pace tell a seller?
It tells you the first few weeks carry the most leverage. The 13 condos that went under contract within 30 days, counting earlier listings of the same unit, sold at a median 99.7% of their first asking price. The 47 that took longer sold at a median 90.0%. Price the first listing correctly and you protect most of your number. Miss, and the cuts tend to come out of your side of the table.
The market is always sending signals, and we respond to them rather than argue with them. Rates are one of those signals, which is why I walk sellers through what rising rates mean for West Hollywood sellers before we set a strategy.
What attracts multiple offers on a West Hollywood listing?
Competing offers show up when a buyer can see that the price sits clearly below what comparable units have sold for, and nothing in the unit or the HOA documents gives them a reason to hesitate. Both halves matter. A sharp price with an unresolved objection still stalls.
Why do building-level comps matter more than the city median?
Condo buildings here are their own micro-markets. At 950 N Kings Rd, two 761 square foot units sold in the third quarter: #216 for $603,000 and #254 for $449,000. That is about $792 versus $590 a square foot in the same building (TheMLS, MLS Area 10, Q3 2026). Floor, exposure, layout, condition, and timing all show up in a spread like that.
That is why a city median can’t tell you whether your unit will draw a bid. The building’s own sales can. The comparison I build for sellers looks at the original list price against the final sale price, how long each unit took, and how the units differ by floor and exposure.
Which objections stop buyers from bidding?
These are the ones I see over and over in West Hollywood condos, and I address them head-on rather than hide them:
No in-unit laundry
HOA rules that limit hard-surface flooring in upper units
High HOA dues
Tandem or street parking
Dated finishes
My job is to remove each objection with data and positioning, not pretend it isn’t there. A buyer who sees the dues next to the building’s reserves and amenities, or the parking next to what comparable units offer, can make a decision. A buyer left to guess usually offers less or moves on.
Do condos and houses compete the same way?
No. They are different markets, and I never blend them, which is why every number above is condos only. If you are weighing both property types, my breakdown of condo vs. house in West Hollywood shows why the comparison has to stay condo to condo or house to house.
If you are also looking at Miracle Mile, see how selling over asking in Miracle Mile plays out there.
How do you position a listing to draw competing bids?
Start with positioning, then set the price. To land over asking in West Hollywood, the price has to be supported by your building’s sales and the listing has to answer a buyer’s questions before they ask them.
What should be settled before you go live?
Know your building’s sales. Pull the units that sold, not the units that are listed, and adjust for floor, exposure, and layout.
Decide how to handle each objection. That might mean refreshing dated finishes, having the HOA resale documents ready for buyers, or presenting parking and dues in context.
Set an offer-review date. When buyer’s agents know when offers will be reviewed, interest lands in the same window instead of trickling in.
Be ready to respond quickly. When several offers arrive, you want to compare terms and reply within the deadline you set, not scramble.
Does pricing below market create a bidding war?
Sometimes it draws a crowd, but it is a gamble, not a strategy. Pricing at the low end of what your building’s comps support can generate attention. Pricing below what the comps support leaves the bidding to correct it, and with only 8 of 60 condo sales closing above list last quarter, you can’t count on that happening.
I would rather you price to the comps and let the listing’s condition, presentation, and documentation do the work. Your specific number depends on your unit, your floor, and the timing, and that is where a local market analysis comes in. If rates and your own purchasing plans are part of the picture, the post on interest rates and affordability in West Hollywood shows what buyers on the other side of your sale are working with.
FAQ
What types of homes in West Hollywood are still getting multiple offers in 2026?
The ones where price and positioning line up with the building’s recent sales and the common objections are already addressed. A well-priced condo with a clear story draws more attention than one priced above its building’s comps.
Does West Hollywood favor buyers or sellers right now?
The numbers give buyers room. Last quarter, 42 of 60 marketed West Hollywood area condo sales closed below their final list price, and 36 of 60 had a price cut or an earlier listing first (TheMLS, MLS Area 10, Q3 2026). Sellers still get strong results when the listing is priced and positioned well, but it is a listing-by-listing story.
How far above asking are West Hollywood buyers actually bidding?
Not far. The 8 condos that closed above list last quarter sold a median 0.7% over, and the largest premium was 2.6% (TheMLS, MLS Area 10, Q3 2026). The better measure for your unit is the gap between first asking price and final sale price on your building’s recent sales. I build that comparison for every seller I work with.
Are renovated homes more likely to sell over asking in West Hollywood?
Renovation removes the dated-finishes objection, but it doesn’t guarantee a premium. A renovated unit on a lower floor with street parking still gets compared to the building’s other sales. Updates pay off when they close a real gap between your unit and the best comp.
What should a West Hollywood seller do before the first weekend on the market?
Settle your price against building-level comps, address the objections buyers raise most, and set your offer-review date. That way, interest arrives together and you can compare offers side by side. I’ll walk you through each step before we list.
Want to know where your unit would land?
Over asking in West Hollywood comes down to your building, your unit, and how the listing is presented. I compare your unit to the building’s real sales and tell you plainly where you stand. If you’d like that conversation, book a private consultation. No pressure, just clarity.
About Damian DiCesare
Damian DiCesare focuses on West Hollywood condos. Past clients call him back years later to sell the same unit. California Salesperson, Douglas Elliman Real Estate, DRE 01267505.
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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.