$10,000 Closing Credit*
$1,549,900
3,410 SqFt
6 Beds
•3 Full Baths, 1 Partial
Mathew W. Berg, Listing Office: Unreal Estate, LLC
Is Hollywood Hill, WA 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 Hill was a Seller's Market.
Key Takeaway
Hollywood Hill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hollywood Hill, WA
How much do homes in Hollywood Hill, WA cost?
Median Sold Price
$1,670,000
$605/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$38,000(-2.2%)
Key Takeaway
Homes in Hollywood Hill have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Hollywood Hill was $1,670,000 in October 2024, down 2.2% from last year, and the median price per square foot was $605.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $710K | $750K | +5.6% |
| 3 Bedrooms | $1.2M | $1.3M | +7.2% |
| 4 Bedrooms | $1.8M | $1.8M | -1.1% |
| 5+ Bedrooms | $3.5M | $4.4M | +26.3% |
Summary: Hollywood Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 26.3%.
Housing Supply in Hollywood Hill, WA
How many homes are available in Hollywood Hill, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 49 | +16.7% |
Summary: The Hollywood Hill real estate market had 49 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 24 | 29 | +20.8% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Hollywood Hill 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 remained the same, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
2 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 Hill, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Hollywood Hill in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Hollywood Hill, WA
How long does it take to sell a home in Hollywood Hill, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 44 Days | +84.4% |
Summary: Homes in Hollywood Hill had an average of 44 days on market in Oct 2024, up by 84.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hollywood Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Hollywood Hill; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.