Housing inventory in the hollywood riviera the lowest in 10 years
It’s pretty hard to believe but as of 11/16/21 there are only 3 homes for sale in all of the Hollywood Riviera. We actually can’t remember a time with fewer home sales and searched 10 years back. This is certainly not great news for buyers as this just puts that much more demand on anything that hits the market. It’s certainly good news for home sellers and may be the perfect time for owners to consider selling their home in the area.
Compare the 3 current listings with 18 active MLS listings in Nomember 2020 and the high water mark of 37 in October 2019 and it is pretty stark just how low the inventory is.