North Hollywood Home Values
Single Family
Good News For North Hollywood Home Values. Some analysts predict that home prices in the North Hollywood area are unlikely to drop, however the rate of increase will slow. Meaning, prices will continue to rise, but at a slower rate than in the last two years.
2023 sales have been a little slow so far. In the first 60 days 27 Single Family Homes sold in North Hollywood. The average North Hollywood sales price was $967,434. Average days on the market was 41. The highest sales price for North Hollywood Real Estate thus far is $$2,360,000 for a home on Elmer Street that featured 4 bedrooms 4 baths, 2,770 square feet on a 8,639 square foot lot. Price per square foot: $851.99. This home sold in 48 days.
The lowest priced sale of a single family home in North Hollywood in the same time period was a 1 bedroom, 1 bath fixer that sold for $530,000. The house had 861 square feet and was sited on a 5,652 square foot lot. This home was a fixer.
Condos and Townhomes
10 Condos and townhomes sold in North Hollywood in the first 60 days of 2023. The average price for a condo/townhome in North Hollywood Real was 552,100. Average days on the market was 39. The highest sales price for a condo/townhome in North Hollywood was $717,000 for a Townhouse on Riverton Ave that featured 3 bedrooms, 3 baths, and 1,583 square feet. This property sold in 6 days, well below the average days on market.
The list price of homes in North Hollywood has increased by 2.6% since last year.
North Hollywood Home Values are being fueled by low inventory. There is currently less then 2.2 months inventory of active listings in the San Fernando Valley making this a seller’s market. Six months is considered a balanced market.
Although the best way to get an accurate price opinion of your home is to have us visit we have made it quick and easy for you to get a pretty good idea with our North Hollywood Home Value Tool. In just two simple steps you will have up-to-date comps delivered to your inbox usually within minutes. Then you will be kept updated with new sales as they happen. Give it a try.
Single Family
Great News For Your North Hollywood Home Values. 2022 has been awesome so far. In the first 90 days 106 Single Family Homes sold in North Hollywood. The average North Hollywood sales price was $981,356. Average days on the market was 21. The highest sales price for North Hollywood Real Estate thus far is $3,500,000 for a home on La Maida Street that featured 6 bedrooms8 baths, 6,518 square feet on a 15,000 square foot lot. This home sold in 21 days.
The lowest priced sale of a single family home in North Hollywood in the same time period was a 1 bedroom, 1 bath fixer that sold for $356,000. The house had 539 square feet and was sited on a 1,361 square foot lot. This home was a fixer.
Condos and Townhomes
43 Condos and townhomes sold in North Hollywood in the first 90 days of 2022. The average price for a condo/townhome in North Hollywood Real was $612,800. Average days on the market was 31. The highest sales price for a condo/townhome in North Hollywood was $930,000 for Townhouse on Landale Street that featured 3 bedrooms, 3 baths, and 1,985 square feet. This property sold in 8 days, well below the average.
2022 promises to bring more good news. North Hollywood Home Values is being fuelled by low inventory. There is currently less then a months inventory of active listings in the San Fernando Valley making this a extreme seller’s market. Six months is considered a balanced market.
Although the best way to get an accurate price opinion of your home is to have us visit we have made it quick and easy for you to get a pretty good idea with our North Hollywood Home Value Tool. In just two simple steps you will have up-to-date comps delivered to your inbox usually within minutes. Then you will be kept updated with new sales as they happen. Give it a try.