Pango Group

North Hollywood, CA 91606

Single-Family Homes

www.pangogroup.com



North Hollywood, CA 91606

Sun Mar 03 2024
This week the median list price for North Hollywood, CA 91606 is $985,000 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 16. Click here to stay informed with the North Hollywood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

North Hollywood, CA 91606

Sun Mar 03 2024
This week the median list price for North Hollywood, CA 91606 is $985,000 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 16. Click here to stay informed with the North Hollywood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the North Hollywood market.
Median List Price $985,000
Median Price of New Listings $960,000
Per Square Foot $608
Average Days on Market 47
Median Days on Market 42
Price Decreased 38%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent
Market Action 48
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,337,000 1,912 4,500 - 6,500 sqft 3 3 77 0 0 45
$997,450 1,766 6,500 - 8,000 sqft 3 2.5 80 1 1 24
$924,500 1,540 0 - 4,500 sqft 3 3 42 1 0 56
$837,000 1,143 0 - 4,500 sqft 2 2 55 0 0 38