Redfin Sweet Digs takes a crack at the West Hollywood market and reports that no, not all is lost! According to the blog, the number of single-family homes currently available is just equal to the number that have sold in the three months. Also, the average house is sitting on the market for 103 days-- but it's unclear to us if homes that have been on the market forever are skewing that data. By contrast, there are more condos on the market and buyers now are wielding their negotiating power: The average sold Hollywood condo price is $190,000 less, or 26%, lower than the average active-listing price, according to the blog. [Redfin]
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