Hollywood Hills Real Estate & Homes for Sale

In May 2025, the Hollywood Hills market showed signs of adjustment, with median home prices dipping 8.2% year-over-year to $1.7M—an opportunity window for buyers in a typically premium market. Despite the slight slowdown in price, demand remained healthy, with 96 homes sold compared to 89 last year. Days on market held steady, suggesting buyers are still active but more price-sensitive, signaling a shift toward a more balanced, negotiable environment.

The Hollywood Hills market remains somewhat competitive, with most homes selling in about 64 days and typically closing at roughly 1% below list price. While the broader market favors patience, well-positioned or highly desirable properties still attract strong interest—often receiving multiple offers and going under contract in just 29 days at up to 3% above asking. This split signals a market where pricing strategy and presentation make a clear difference in performance.

In May 2025, Hollywood Hills West leaned firmly into buyer’s market territory, with inventory outpacing demand. This shift gives buyers more leverage in negotiations, a wider range of options, and the ability to take more time when making decisions—ideal conditions for those looking to secure a premium property at favorable terms.