- calendar_month July 1, 2024
- folder Absorption Rate
This month, 24 homes are actively listed in North Hollywood with a median list price of $1,189,000. Seven homes sold in the last 30 days, achieving a median sale price of $975,000. The average price per square foot stands at $870, with homes spending an average of 32 days on the market.
These numbers indicate a competitive market in North Hollywood. The gap between the median list price and median sold price suggests buyers are negotiating deals. The average price per square foot remains strong, reflecting the area's desirability. With an average of 32 days on the market, properties are moving relatively quickly, pointing to sustained buyer interest.