Published October 7, 2026 in Market Update

One Part of West Hollywood Is Still Holding Pricing Power

By Ethan Chang

Real estate, West Hollywood

West Hollywood does not move as one market. For the three months ending August 31, 2026, the Real Estate Data Aggregator counted three ZIP codes telling three different stories. One of them is holding pricing power. The other two are giving ground.

The ZIP That Bucked the Trend

In ZIP 90048, the Real Estate Data Aggregator recorded a median sale price of $1,950,000. That is up 8.3% from the same three months in 2025. At the same time, inventory there fell 17.5%. Fewer homes for sale, higher prices. That is a supply story.

For context, the Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. ZIP 90048 ran more than three times that rate. That gap is worth understanding before you price anything.

The Other Two ZIPs Are a Different Conversation

ZIP 90046 saw its median sale price fall 5.9% to $1,670,000, per the Real Estate Data Aggregator. ZIP 90069 dropped further, down 12.8% to $1,160,000. Neither of those moves is catastrophic, but neither fits the 90048 story either.

What the Numbers Say About Each ZIP

ZIP 90046 has the tightest conditions of the three. The Real Estate Data Aggregator put its months of supply at 6.9, its sale-to-list ratio at 98.5%, and nearly 1 in 4 homes sold above list price. That last figure rose 10.9 points from a year ago. Sales slowed a little, down 1%, but the pricing discipline held.

ZIP 90069 is the softest of the three. The Real Estate Data Aggregator counted 8.8 months of supply there, up 1.5 months from last year. Homes sat a median of 98 days before selling. That is 9 days longer than a year ago. Not every home sold slowly, but the average buyer had time to think.

ZIP 90048 is the outlier in a useful way. Inventory fell 17.5%, per the Real Estate Data Aggregator. Months of supply dropped 1.8 months to 7.4. The median price rose 8.3%. The honest admission: days on market rose 23 days, and the share of homes sold above list fell 12.1 points. Buyers there are not panicking. But sellers who priced right were rewarded.

The Wider Picture

Nationally, Realtor.com reported that 20.8% of listings took a price cut in September, the highest September share since 2018. West Hollywood's 90048 is moving against that current. The other two ZIPs are closer to it.

Zillow reported that mortgage rates ended September at 7.28%, the highest reading since November 2023. That matters here because it slows buyers everywhere. The Real Estate Data Aggregator counted 233 pending sales across all three West Hollywood ZIPs combined, down 8.3% from a year ago. Buyers are still moving, but more carefully.

What This Means for Sellers and Buyers

A citywide number is not a strategy. A seller in 90048 has leverage that a seller in 90069 does not. A buyer in 90069 has time that a buyer in 90046 may not. The data as of October 7, 2026 makes that clear.

One more thing worth knowing: a ZIP code is still a wide net. One street can read very differently from the whole ZIP. The numbers above are the right starting point, not the final word.