Is Hollywood Dell, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hollywood Dell is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Hollywood Dell has remained a Buyer's Market.

Key Takeaway

Hollywood Dell is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hollywood Dell, CA

How much do homes in Hollywood Dell, CA cost?

Median Sold Price

$1,754,000

$840/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$254,000(+16.9%)

Key Takeaway

Homes in Hollywood Dell have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Hollywood Dell was $1,754,000 in October 2024, up 16.9% from last year, and the median price per square foot was $840.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $520K$599K
+15.2%
2 $1.2M$1.2M
+2.4%
3 $2.4M$2.1M
-11.7%
4 $1.5M$3.0M
+93.1%
5+ $1.9M$1.4M
-23.7%

Summary: Hollywood Dell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 93.1%, and 5+ bedroom homes decreased by 23.7%.

Median Sold Price Compared To Nearby Neighborhoods

Hollywood Dell
+16.9%
Beachwood Canyon
+14.6%
Hollywood Hills
+2.9%
Central LA
-1.2%

Housing Supply in Hollywood Dell, CA

How many homes are available in Hollywood Dell, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2028+40.0%

Summary: The Hollywood Dell real estate market had 28 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 68
+33.3%
4 79
+28.6%
5+ 34
+33.3%

Summary: The Hollywood Dell housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hollywood Dell, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hollywood Dell in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hollywood Dell, CA

How long does it take to sell a home in Hollywood Dell, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days65 Days+242.1%

Summary: Homes in Hollywood Dell had an average of 65 days on market in Oct 2024, up by 242.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hollywood Dell has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Hollywood Dell; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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