The MLS recently released its Q3 data on median single-family home sale prices throughout much of the Los Angeles area. It turns out that West Hollywood has exhibited the largest year over year increase out of all the neighborhoods. 

For July 1 through September 30, 2017, West Hollywood saw 41 listings sold at a median price of $1.925 million — up 30 percent from last year’s 34 listings sold during the same period for a median price of $1.483 million. Single-family lots were moving at high prices throughout LA County, with 42 of the 51 regions examined showing increases compared to Q3 2016. 

Though it exhibited the most growth, West Hollywood wasn’t the most expensive region examined. Malibu Beach jumped up 25 percent to $7.5 million media sale price to lead all areas. Malibu was also one of six different regions to show 20-30 percent growth in the time period. Other large growth areas include: 

Of the areas that failed to show year-over-year growth, only two were down significantly. The MLS’s “Metropolitan” area made up of parts of Chinatown and Montecito Heights was down 100 percent but that was due to zero sales this past quarter versus two in Q3 2016. Cheviot Hills-Rancho Park was down 14 percent.

One typical caveat with the MLS quarterly reports is that while the numbers presented are all deemed accurate, the studies do leave out multiple large areas in Los Angeles County. Some of the big ones: Pasadena, most of the South Bay, and Long Beach, among others.