$2,599,000
3,402 SqFt
4 Beds
•5 Full Baths
Che Hill, Listing Office: Che Hill, Broker
Is Hollywood Hills, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hollywood Hills was a Seller's Market.
Key Takeaway
Hollywood Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollywood Hills, CA
How much do homes in Hollywood Hills, CA cost?
Median Sold Price
$1,801,000
$847/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$51,000(+2.9%)
Key Takeaway
Homes in Hollywood Hills have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Hollywood Hills was $1,801,000 in October 2024, up 2.9% from last year, and the median price per square foot was $847.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $613.8K | $624K | +1.7% |
| 2 Bedrooms | $1.1M | $1.1M | +4.0% |
| 3 Bedrooms | $1.9M | $1.8M | -2.6% |
| 4 Bedrooms | $2.3M | $2.4M | +0.6% |
| 5+ Bedrooms | $3.3M | $3.7M | +14.0% |
Summary: Hollywood Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Neighborhoods
| Hollywood Dell | $1.5M | $1.7M | +16.9% |
| Beachwood Canyon | $1.8M | $2.0M | +14.6% |
| Hollywood Hills | $1.7M | $1.8M | +2.9% |
| Cahuenga Pass | $1.9M | $1.7M | -7.2% |
Housing Supply in Hollywood Hills, CA
How many homes are available in Hollywood Hills, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 153 | 187 | +22.2% |
Summary: The Hollywood Hills real estate market had 187 homes for sale in October 2024, a 22.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 28 | 31 | +10.7% |
| 3 Bedrooms | 47 | 62 | +31.9% |
| 4 Bedrooms | 40 | 52 | +30.0% |
| 5+ Bedrooms | 34 | 38 | +11.8% |
Summary: The Hollywood Hills 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 10.7%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood Hills, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Hollywood Hills in October 2024, the same as the previous month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.
Days on Market for Hollywood Hills, CA
How long does it take to sell a home in Hollywood Hills, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 70 Days | +51.8% |
Summary: Homes in Hollywood Hills had an average of 70 days on market in Oct 2024, up by 51.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hollywood Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Hollywood Hills; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.