7 houses sold in April 2008 in West Hollywood – up from 4 sales in March. 2 sales were over $1.9 million, both on Huntley Drive. 2 sales for over $1 million were on Westbourne Drive, one block east of Huntley Drive, showing the enduring popularity and demand in West Hollywood West. The average days on market for a single family home in West Hollywood was 59.26 condos sold in the West Hollywood area in April 2008, well below the number of condo sales in April in previous years: 37 (2007), 39 (2006), 64 (2005) and 56 (2004). The average days on market was 80. Condos sold for an average of $557/sq ft. The highest priced sale was 818 N Doheny, a 3,000 sq ft 14th floor unit – for $1,795,000. Also at the upper end of the market was an 1,813 sq ft penthouse at 718 N Croft, adjacent to Melrose Place, that sold for $1,395,000. A 1,631 sq ft ground floor unit in the same building sold for $999,000. More than half of the condo sales in West Hollywood were for $515,000 or less.
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