North Hollywood Home Values

Great News For Your North Hollywood Home Value. 2015 was awesome. There were 435 Single Family Homes sold in North Hollywood in 2015. The average North Hollywood sales price was $512,901. Average days on the market was 56. The highest sales price for North Hollywood Real Estate in 2015 was $1,345,000 for a home on Biloxi Ave that featured 4 bedrooms, 4 baths, 2,877 square feet on a 8,000 square foot lot. This home sold in 29 days.
The lowest priced sale in North Hollywood in the same time period was a 5 bedroom, 3 bath fixer that sold for $280,000. The house had 1528 square feet and was sited on a 6,800 square foot lot. This home was a short sale and a major fixer.

Condos and Townhomes

154 Condos and townhomes sold in North Hollywood in 2015. The average price for a condo/townhome in North Hollywood Real was $382,945. Average days on the market was 58. The highest sales price for a condo/townhome in North Hollywood Real $735,000 for New Construction on Peach Grove Street that featured 4 bedrooms, 3 baths, and 2,196 square feet. This property sold in 14 days, well below the average.

2016 promises to bring more good North Hollywood Real Estate News being fueled by low inventory. There is currently a 2.3 month 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.

Taken From: What’s My North Hollywood Home Worth by Heather Farquhar