Is Hollywood Dell, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hollywood Dell has remained a Seller's Market.
Key Takeaway
Hollywood Dell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hollywood Dell, CA
How much do homes in Hollywood Dell, CA cost?
Median Sold Price
$1,485,000
$656/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hollywood Dell have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Hollywood Dell was $1,485,000 in April 2024, up 0.7% from last year, and the median price per square foot was $656.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $608.4K | $558.2K | -8.2% |
| 2 Bedrooms | $1.4M | $1.0M | -26.1% |
| 3 Bedrooms | $1.8M | $2.4M | +32.0% |
| 4 Bedrooms | $1.8M | $1.3M | -24.5% |
| 5+ Bedrooms | $2.4M | $1.9M | -24.0% |
Summary: Hollywood Dell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 26.1%, 3 bedroom homes increased by 32%, 4 bedroom homes decreased by 24.5%, and 5+ bedroom homes decreased by 24%.
Median Sold Price Compared To Nearby Neighborhoods
| Beachwood Canyon | $1.5M | $1.8M | +21.1% |
| Hollywood Hills | $1.6M | $1.7M | +4.5% |
| Hollywood Dell | $1.4M | $1.4M | +0.7% |
| Central LA | $1.3M | $1.3M | -1.9% |
Housing Supply in Hollywood Dell, CA
How many homes are available in Hollywood Dell, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Hollywood Dell real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hollywood Dell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood Dell, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Hollywood Dell in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 19 Days | 51 Days | +165.7% |
Summary: Homes in Hollywood Dell had an average of 51 days on market in Apr 2024, up by 165.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hollywood Dell are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Hollywood Dell; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.