Higher rates are slowing contracts, but one part of West Hollywood is moving faster
CNBC reported that mortgage rates moved above 7.5% as of October 6, 2026. That is the highest level in three years. It is slowing decisions across the country. West Hollywood is feeling it. But the slowdown is not landing the same way in every ZIP code.
The Real Estate Data Aggregator counted 270 pending sales across West Hollywood in the three months ending July 31, 2026. That is down 8.5% from the same period a year before. Fewer buyers are signing contracts. That is the headline number. It is not the whole story.
One ZIP code moved the other way
ZIP 90038 is the outlier. The Real Estate Data Aggregator counted 22 pending sales there in the three months ending July 31, 2026. That is up 37.5% from a year before. Median days on market fell to 46 days, 39 days shorter than the same period in 2025. Demand there is real and it is moving.
The other three ZIP codes took longer to sell than a year ago. The Real Estate Data Aggregator shows 90046 at 81 days, up 14 days. ZIP 90069 sat at 85 days, up 9 days. ZIP 90048 reached 93 days, up 28 days. Not every home is sitting, but the average is not moving quickly.
Pending sales, ZIP by ZIP
ZIP 90048 saw pending sales fall 22.6%, the steepest drop. The Real Estate Data Aggregator also shows its share of homes that sold above list price fell 8.5 points, to 12%. Homes there are taking 93 days on average. That is a market where presentation and pricing carry real weight.
Price and supply tell a split story too
| 90038 | 90046 | 90048 | 90069 | |
|---|---|---|---|---|
| Median sale price | $1,030,000 | $1,710,000 | $1,750,000 | $1,400,000 |
| Months of supply | 8.7 | 6.3 | 6.3 | 9.9 |
| Sale to list price | 96.9% | 99% | 96.9% | 95.9% |
| Sold above list | 22.2% | 27.1% | 12% | 13.4% |
ZIP 90046 stands out on price discipline. The Real Estate Data Aggregator put its average sale-to-list ratio at 99% for the three months ending July 31, 2026. That is up 2.1 points from a year before. More than 1 in 4 homes there sold above list price, up 10.3 points. Its inventory fell 17.7% year over year, to 219 homes.
ZIP 90069 carries the most supply. The Real Estate Data Aggregator counted 9.9 months of supply there, up 2 months from a year before. Its median sale price rose 18.1%, to $1,400,000. But pending sales fell 10.5% and homes took 85 days on average. A higher price and more time on market can coexist when supply is elevated.
What rates above 7.5% mean here
CNBC reported rates above 7.5% as of early October 2026. The Federal Housing Finance Agency put national home price growth at 2.6% year over year through July 2026. Nationally, Realtor.com reported that 20.8% of listings took a price cut in September, the highest September share since 2018. West Hollywood is not immune to that pressure.
The Real Estate Data Aggregator counted 636 homes for sale across West Hollywood in the three months ending July 31, 2026, down 7.6% from a year before. Fewer choices, higher rates, and uneven demand: that combination rewards homes that are priced with precision and presented well.
- West Hollywood pending sales fell 8.5% overall in the three months ending July 31, 2026. ZIP 90038 went the other direction, up 37.5%, with homes selling in 46 days.
- ZIP 90048 saw the steepest drop in pending sales and the longest time on market.
- Rates above 7.5% are a factor everywhere.
- Where you are in West Hollywood, and how your home is positioned, shapes the outcome more than the overall number does.
One street can read very differently from its ZIP code average. The numbers above are a starting point, not a verdict on your specific home. If you want to know where your address sits in this split market, reach out.
Your next step
(310) 849-2930Text me your address and I will send back how your West Hollywood home compares with what actually sold near you, including days on market and final sale price, in the three months ending July 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 90069, 90046, 90048 and 90038, the three months ending July 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Sep 3, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: Redfin Reports U.S. Home Prices Rose 0.25% From a Month Earlier in August, Sep 22, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: August 2026 Rental Report: Rents Fall for 37th Straight Month as Concessions Give Renters More Leverage, Sep 17, 2026
- CNBC: High mortgage rates are trapping homeowners in place, and making renovations harder to afford, Oct 3, 2026