Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Days on Market
Sale-to-List Price
Homes Sold Above List Price
In May 2025, Hollywood Hills experienced a slight market correction, with home prices down 8.1% year-over-year to a median of $1.7M, signaling increased affordability in this sought-after area. Homes are taking longer to sell, averaging 55 days on the market compared to 46 days last year, suggesting buyers are being more cautious and selective. However, sales activity remains strong, with 95 homes sold compared to 89 last year, indicating that despite softer prices, demand for Hollywood Hills properties remains steady, particularly among buyers looking to capitalize on the price adjustments.
Hollywood Hills is somewhat competitive, with homes typically selling in about 63 days and averaging around 1% below list price, giving buyers modest negotiation room. However, desirable properties—those priced well or in prime locations—can spark competition, often selling for up to 3% above asking and going pending in just 29 days. This mix of slower overall movement and competitive hot listings suggests that while buyers have some leverage, they need to act quickly on standout properties.
Hollywood Hills West is a buyer’s market in June 2025, with housing supply exceeding demand, giving buyers a stronger negotiating position. Sellers are more likely to make price adjustments or offer favorable terms, making it an opportune time for buyers to explore luxury properties with less competition and potentially secure better deals.
Whether you have questions about the Hollywood Hills real estate market or are ready to explore luxury properties, John is here to help. With deep local insight and access to exclusive listings, John will guide you through every step of the buying process. Get in touch today and let’s find your perfect Hollywood Hills home!
From hillside architectural masterpieces to sweeping city views, Hollywood Hills delivers a one-of-a-kind luxury living experience. Whether you're planning a move or simply exploring the area, our in-depth neighborhood guide covers everything you need to know—real estate trends, local amenities, and lifestyle highlights. Start exploring now and see why Hollywood Hills remains one of Los Angeles' most coveted addresses.
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