The real estate market in North Hollywood 91601 is currently balanced and stable. Here's a quick overview:

• Active Listings: 22
• Median List Price: $1,200,000
• Recent Sales: 7 properties sold last month
• Median Sold Price: $1,149,000
• Average Days on Market: 56
• Average Price per Square Foot: $776

What This Means for the Market

1. Balanced Market: With homes spending an average of 56 days on the market, buyers and sellers are on relatively equal footing.
2. Negotiation Opportunities: The slight difference between list and sold prices indicates room for negotiation.
3. Price Stability: High price per square foot and stable median prices show North Hollywood remains a desirable area.
4. Diverse Inventory: With 22 active listings, buyers have a variety of options.

The North Hollywood 91601 market offers good opportunities for both buyers and sellers. If you're considering a move, now is a great time to explore your options. Stay tuned for more updates!